Ministerial Statement: Minister O’Driscoll Celebrates Renewal of Atlantic Fisheries Fund

Source: Newfoundland & Labrador - Government Releases
Date: 2026-10-29 16:25:37.0
Tags: [Newfoundland and Labrador, Fisheries, Economy, Industry, Infrastructure]

Newfoundland and Labrador Minister of Fisheries and Aquaculture Loyola O’Driscoll announced the renewal of the Atlantic Fisheries Fund, which will invest over $300 million across the Atlantic Region, including approximately $90 million specifically for Newfoundland and Labrador. The funding targets four core pillars: market diversification, innovation, infrastructure, and science partnerships. This initiative aims to build upon the sector's record market value of $2.11 billion achieved in 2025, with project applications officially open to interested participants.