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Fonds régionaux de solidarité FTQ Côte-Nord, Canada, announced over $2.3 million of investments in two Côte-Nord, Canada, businesses—Pêcheries M J M Inc. and Les Entreprises de pêche Éric Gallant Inc.
Trident will retrofit or retire 23 refrigeration appliances used on 14 marine vessels to use an alternative refrigerant that does not harm the ozone layer.
By moving the production of fish out of the oceans, Finless Foods aims to provide healthy and fresh seafood anywhere, ending dependence on fish farms and large-scale fishing.
The Canadian Northern Economic Development Agency (CanNor) announced plans to invest over $2.5 million over four years in fisheries research and training in Nunavut, Canada.
Nordic Aquafarms (NAF), Norway, announced plans to develop what is said to be one of the largest land-based salmon farms internationally in Belfast, Maine.
The HDC worked with students from UMass Dartmouth’s Charlton College of Business to develop a website where national and international buyers can browse New Bedford’s processors and fish houses and the seafood they sell.
The investments in Glace Bay, Nova Scotia and Grand Bank, Newfoundland, will add new jobs, processing capacity and spur continued sustainable growth of the fishery.
The assets purchased include one hatchery in New Brunswick, two farming licenses in New Brunswick, seven farming licenses in Newfoundland and one processing plant in Newfoundland.