• Miminegash's wharf, breakwaters will be rebuilt as Ottawa invests in P.E.I. harbour

  Source: Prince Edward Island - Regional News
  Date: 2026-10-23 23:00:00.0
  Tags: [Prince Edward Island, Infrastructure, Fisheries]

  The federal government, through Fisheries and Oceans Canada, is investing in a major construction project to rebuild the wharf, two southern breakwaters, and a shoreline protection structure at the Miminegash Small Craft Harbour on Prince Edward Island's northwestern shore. The infrastructure project is part of a broader federal commitment announced in the 2026 Spring Economic Update to invest nearly $1 billion over five years to modernize small-craft harbours across Canada. The harbour currently supports roughly 41 commercial fishing vessels, whose lobster landings exceeded $10 million in 2025. The project is scheduled to go to tender in the coming months, with construction expected to begin next year.

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• 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.

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• 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.

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• 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.

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• With millions of dead oysters and mounting debt, P.E.I. farmers fear they'll lose everything

  Source: Prince Edward Island - Regional News
  Date: 2026-09-13 08:00:00.0
  Tags: [Prince Edward Island, Fisheries, Agriculture, Economy]

  Prince Edward Island's oyster industry is facing a severe crisis due to the parasitic diseases MSX and dermo, which were detected in PEI waters in 2024 and 2025 and are causing up to 100 per cent mortality rates among oyster crops. In response, Fisheries and Oceans Canada (DFO) introduced a $40,000 licence buyback program to purchase up to 150 eligible wild oyster fishing licences on a first-come, first-served basis with a 10-year reapplication ban, while Farm Credit Canada (FCC) offered loan payment schedule amendments and deferrals. Meanwhile, provincial and federal governments have announced support measures including financial relief, mental health support, and the approval of disease-resistant imported seed, though industry stakeholders like the P.E.I. Aquaculture Alliance and the P.E.I. Shellfish Association argue that a lack of direct basic income support threatens independent farmers and risks corporate buyouts.

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• 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.

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• 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.

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