Atlantic Fisheries Fund - $732,645 for eight shellfish growers and processing companies on Prince Edward Island
Backgrounder
Fisheries and Oceans Canada and the Province of Prince Edward Island are pleased to announce funding of $732,645 for eight shellfish growers and processing companies through the Atlantic Fisheries Fund.
The funding will improve effectiveness, quality and sustainability in this sector by the purchase and installation of new technology and equipment.
| Recipient/Location | AFF funding | Total project funding | Project description |
|---|---|---|---|
| Cascumpec Seed Oyster Inc.- Alberton | $99,900 | $169,800 | Purchase of equipment to expand existing oyster hatchery |
| Ward Jeffery and Thelma McNeil – Tignish | $46,020 | $71,124 | Purchase of oyster processing platform and equipment. |
| Lennox Island First Nation Development Corporation - Bideford | $96,480 | $120,600 | Purchase of two high-density algae photobioreactors. |
| W & R Fisheries Ltd.- Georgetown | $73,136 | $91,420 | Purchase of new mussel and oyster processing equipment to gain efficiencies and increase shellfish processing capacity. |
| Prince Edward Aqua Farms Inc. - Kensington | $99,459 | $160,459 | Purchase and installation of oyster grading equipment. |
| PEI Mussel Farms Inc. - Morell | $183,750 | $245,000 | Adoption of new technology to automate mussel socking process that will reduce labour requirements and increase capacity, enabling PEI Mussel Farms to meet market demand. |
| East Cape Oyster Company Ltd.- Souris | $99,900 | $163,744 | The construction and outfitting of an oyster processing platform to process oysters on the water; saving on labour costs while improving the quality and reducing mortality of oysters. |
| Future Seafoods Inc.- Fernwood | $34,000 | $42,500 | The construction and outfitting of an oyster processing platform to process oysters on the water; saving on labour costs while improving the quality and reducing mortality of oysters. |
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