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The Nova Scotia Department of Fisheries and Aquaculture is pleased to announce a $2.5 million dollar investment in aquaculture to take place over the next three years.
The money comes from the Community Development Trust, established by the governments of Canada and Nova Scotia to help communities affected by economic difficulties stemming from instability in the global financial and commodities markets. Aquaculture in our province has developed from modest beginnings to what is now becoming a significant contributor to the economies of rural, coastal Nova Scotia. Last year the industry reported farm gate sales of $53 million dollars– an increase of 25 percent over the previous year and 250 percent in the past ten years.
The government of Nova Scotia strongly supports the continued growth of an environmentally sustainable and economically profitable aquaculture industry. Aquaculture offers a tremendous future opportunity for Nova Scotians, with the right development initiatives, this industry has the potential to expand significantly in a few short years.
To make this happen the Government of Nova Scotia wants to do its part. The $2.5 million will be allocated to the three important areas listed below. You are encouraged to click on the links to learn more about how we plan to work with industry and all Nova Scotians to create sustainable wealth in rural, coastal Nova Scotia.
For more information please contact:
Marshall Giles, Aquaculture Director
gilesm@gov.ns.ca
For more information or application forms see:
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