Funding has been announced for four innovative Vancouver Island aquaculture projects, including a project to develop closed-containment technology.
In total, the four projects will receive over $925,000 in federal government funding.
This funding , provided through the Aquaculture Innovation and Market Access Program (AIMAP), is supporting two finfish and two shellfish aquaculture projects in British Columbia. These projects are designed to help the industry expand its market potential through new technologies.
The companies receiving project funding are: the ‘Namgis First Nation, Pfizer Animal Health, Fanny Bay Oysters and Maplestar Seafood.
“Our government is committed to enhancing the global competitiveness, economic prospects and environmental performance of Canada’s aquaculture industry. The industry is developing new technologies that will make our country a world leader in aquaculture and create jobs and opportunities here at home,” said Keith Ashfield, Minister of Fisheries and Oceans , Canada. “We are proud that our government can play a role in supporting this innovation.”
