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Minister Keith Ashfield, Gerald Keddy and Brian Blanchard. (DFO/ www.dfo-mpo.gc.ca)

Atlantic halibut farming gets a boost in Nova Scotia

Click on the flag for more information about Canada CANADA
Wednesday, September 19, 2012, 22:40 (GMT + 9)

Keith Ashfield, Minister of Fisheries and Oceans Canada (DFO), has announced funding to further develop innovative and sustainable halibut aquaculture in Nova Scotia.

“By investing in this kind of sustainable aquaculture project, we are ensuring many economic benefits and creating a variety of challenging career choices for people living in rural or coastal communities,” said Ashfield.

Through this latest round of funding through Fisheries and Oceans Canada’s Aquaculture Innovation and Market Access Programme, Scotian Halibut Ltd received CAD 400,000 (USD 410,298) for innovations in Atlantic halibut broodstock rearing.

Scotian Halibut Limited produces Atlantic halibut juveniles for North American and European markets. This funding will allow them to construct an innovative rearing/conditioning tank holding system that will increase broodstock productivity and improve the availability of domesticated halibut stock for aquaculture. This will increase Scotian Halibut’s global competitiveness as well as that of its Canadian clients.

Fisheries and Oceans Canada, through its Sustainable Aquaculture Programme, is committed to supporting the sustainable development of the Canadian industry, based on the best science available and within one of the most rigorous regulatory systems in the world.

Aquaculture production volume in Nova Scotia was approximately 8,000 tonnes, valued at CAD 41.3 million (USD 42.4 million) in 2010. The industry generates over CAD 12 million (USD 12.3 million) in direct income in Nova Scotia, a number that doubles to almost CAD 24 million (USD 24.62 million) when indirect and induced income is included.

Finfish aquaculture makes up the majority of aquaculture production value in Nova Scotia, accounting for approximately 80 per cent of the value and 64 per cent of the volume of production.

As well, Fisheries and Oceans Canada, in collaboration with provincial and territorial government departments and agencies, recently created the Aquaculture Sustainability Reporting Initiative to provide a regular cycle of fact-based reporting on the sustainability of aquaculture in Canada.

Under this initiative, Fisheries and Oceans Canada released Aquaculture in Canada 2012: A Report on Aquaculture Sustainability. This report documents current information related to the social, economic and environmental dimensions of aquaculture.

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Photo Courtesy of FIS Member  MPO - Pêches et Océans Canada - Fisheries and Oceans Canada (DFO) (Headquarters)
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