• N.S. government announces funding to grow boatbuilding industry

  Source: Nova Scotia - Halifax & Regional News
  Date: 2026-10-26 19:55:08.0
  Tags: [Nova Scotia, Economy, Industry, Trade, Defence, Fisheries]

  The Nova Scotia government is investing over $350,000 from its Community Economic Development Fund into the Nova Scotia Boatbuilders Association to help local boatbuilders and repair businesses expand into new markets. The funding will be used to promote local companies at trade shows, in trade publications, and through online communications and strategic partnerships. Established in 1998, the Nova Scotia Boatbuilders Association aims to diversify the industry beyond the domestic fishing boat market, helping local firms compete internationally for naval contracts and meet national defence priorities.

  Read Original

• High Liner Foods to be bought by Umios in deal valued at $804 million

  Source: Nova Scotia - Halifax & Regional News
  Date: 2026-10-26 15:40:21.0
  Tags: [Nova Scotia, Economy, Industry, Trade, Fisheries]

  Nova Scotia seafood processor High Liner Foods Inc. has signed an agreement to be acquired by Japanese company Umios Corp. in a transaction valued at $804 million, paying $27 per share in cash. Under the deal, which requires 75 per cent shareholder approval and a court-approved plan under the Nova Scotia Companies Act, Umios will establish High Liner Foods as the core platform for its North American business while maintaining its headquarters in Nova Scotia, its workforce, and operations. Thornridge Holdings Ltd., holding a 41.4 per cent stake in High Liner, has agreed to support the transaction, which is expected to close in early 2027 following a December shareholder vote.

  Read Original

• Market diversification added to focus of renewed Atlantic Fisheries Fund

  Source: Prince Edward Island - Regional News
  Date: 2026-10-15 20:43:09.0
  Tags: [National, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador, Trade, Fisheries, Industry, Finance]

  The federal government and the Atlantic provincial governments are replenishing the Atlantic Fisheries Fund with more than $300 million over the next five years, funded 60 per cent federally and 40 per cent provincially, in response to ongoing trade disputes and tariffs with the U.S. Federal Fisheries Minister Joanne Thompson announced that market diversification has been added as a new funding pillar alongside innovation, infrastructure, and science partnerships to assist harvesters and processors such as Cooke Inc., the P.E.I. Fishermen’s Association, Scotia Harvest, and Icewater Seafoods in entering new international markets. Over the past nine years, the fund has previously distributed $370 million to more than 1,300 projects across Atlantic Canada.

  Read Original

• Atlantic Fisheries Fund Renewed, Applications Being Accepted

  Source: Newfoundland & Labrador - Government Releases
  Date: 2026-10-15 17:40:13.0
  Tags: [Newfoundland and Labrador, Nova Scotia, New Brunswick, Prince Edward Island, National, Fisheries, Economy, Industry]

  The Government of Newfoundland and Labrador, the Government of Canada, and the provincial governments of Nova Scotia, New Brunswick, and Prince Edward Island have jointly renewed the Atlantic Fisheries Fund (AFF) with an investment of more than $300 million. The fund supports fishing and aquaculture projects across the Atlantic region to drive innovation, enhance market development, and ensure industry sustainability. The renewed program operates under four distinct pillars: market diversification, innovation, infrastructure, and science partnerships, with applications currently being accepted by the Government of Newfoundland and Labrador and partner jurisdictions. This funding launch follows a record-breaking performance in 2025 where Newfoundland and Labrador's fisheries and aquaculture sector generated $2.11 billion in market value.

  Read Original

• Fisheries sector fund gets $300 million extension from Ottawa, Atlantic provinces

  Source: Nova Scotia - Halifax & Regional News
  Date: 2026-10-15 17:07:20.0
  Tags: [National, Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador, Fisheries, Economy, Trade]

  Federal Fisheries Minister Joanne Thompson announced a five-year, $300 million extension of the Atlantic Fisheries Fund, aimed at supporting the fish and seafood sector across Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador. The federal government is contributing 60 percent of the funding, with the four Atlantic provincial governments providing the remainder. Originally introduced in 2017, the renewed fund will invest in industry research, infrastructure, advertising, industry branding, and market research to help harvesters and growers expand global markets and improve resilience against international trade disruptions.

  Read Original

• Diana Fox Carney appointed as Canada's ocean envoy, chair of Our Ocean Conference

  Source: CBC Politics
  Date: 2026-09-16 21:20:08.0
  Tags: [National, Nova Scotia, Environment, Fisheries, Governance]

  Diana Fox Carney has been appointed as Canada's ocean envoy and chair of the 12th annual Our Ocean Conference, which is scheduled to take place in Halifax in 2027. In her unpaid role, announced by Minister of Fisheries Joanne Thompson, Fox Carney will coordinate efforts connecting ocean conservation, climate action, Indigenous leadership, economic resilience, and maritime security. The appointment supports Ottawa's target to protect 30 per cent of Canada's marine and coastal areas by 2030.

  Read Original

• North Atlantic right whale population appears to be stabilizing after years of decline: DFO

  Source: Prince Edward Island - Regional News
  Date: 2026-09-03 14:18:45.0
  Tags: [National, Prince Edward Island, Nova Scotia, New Brunswick, Environment, Fisheries]

  Fisheries and Oceans Canada (DFO) reported that the North Atlantic right whale population has stabilized at approximately 384 whales, including 70 breeding females, following a strong calving year that produced 23 calves. Officials emphasized that strict conservation measures—such as temporary 15-day fishing area closures spanning upwards of 2,000 square kilometres upon a whale detection in the Gulf of St. Lawrence—remain essential to protect the species from threats like gear entanglement. DFO continues to deploy acoustic technology and marine surveillance programs, noting that maintaining sustainable seafood certifications and preventing mortalities requires ongoing collaboration with fish harvesters.

  Read Original

• Canadian seafood industry 'relieved' with removal of their products from retaliatory tariff list

  Source: CBC Politics
  Date: 2026-08-27 13:22:04.0
  Tags: [National, Nova Scotia, New Brunswick, Prince Edward Island, Trade, Economy, Fisheries]

  Finance Canada removed fish and seafood products, including lobster and crab, from its retaliatory tariff list just a day after initially imposing counter-measures on $27.6 billion worth of U.S. goods. The initial list would have subjected U.S. seafood imports to a 25 per cent tariff, which industry groups like the Lobster Processors Association and the New Brunswick Crab Processors Association warned would devastate integrated cross-border processing operations. To maintain a dollar-for-dollar and rate-for-rate response, the Ministry of Finance added copper wire, charcoal, plaster sheets, and tiles to the tariff list at a 50 per cent rate, taking effect on September 8.

  Read Original