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Nova Scotia invests in climate change adaptations for its seafood industry
Nova Scotia invests in climate change adaptations for its seafood industry

Hamilton Spectator

time5 days ago

  • Business
  • Hamilton Spectator

Nova Scotia invests in climate change adaptations for its seafood industry

HALIFAX - The Nova Scotia government says it will spend $1.73 million to help 22 seafood companies and related organizations reduce their carbon footprints. Fisheries and Aquaculture Minister Kent Smith says much of that money will be used to reduce fossil fuel consumption by helping businesses purchase electric motors for fishing vessels and install solar systems, among other things. Among those receiving funding is Asadalia Fisheries in Pictou, N.S., which will receive $250,000 to pay for a hybrid diesel-electric lobster boat. As well, Lobster Hub Inc. in Meteghan Centre, N.S., is getting $100,000 for an energy efficient refrigeration unit for a new lobster pound. Ian McIsaac, president of the Seafood Producers Association of Nova Scotia, says the funding will help make the provinces' processing sector more efficient and productive. Since June 2024, 36 projects have received funding through the provincial Fisheries Department's Energy Efficiency Innovation Fund totalling $3.54 million. The amount remaining in the fund is $2.96 million. The Department will be accepting funding applications for the third round later this year. 'With the many challenges Canada has faced lately, every step in streamlining and modernizing our sector is vital in competing globally and supporting communities and jobs at home,' McIsaac said. 'These investments show that the province understands these challenges and is working to grow the sector.' This report by The Canadian Press was first published June 27, 2025. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .

Nova Scotia invests in climate change adaptations for its seafood industry
Nova Scotia invests in climate change adaptations for its seafood industry

CBC

time5 days ago

  • Business
  • CBC

Nova Scotia invests in climate change adaptations for its seafood industry

The Nova Scotia government says it will spend $1.73 million to help 22 seafood companies and related organizations reduce their carbon footprints. Fisheries and Aquaculture Minister Kent Smith says much of that money will be used to reduce fossil fuel consumption by helping businesses purchase electric motors for fishing vessels and install solar systems, among other things. There will be a third call for funding applications later this year. Among those receiving funding is Asadalia Fisheries in Pictou, N.S., which will receive $250,000 to pay for a hybrid diesel-electric lobster boat. As well, Lobster Hub Inc. in Meteghan Centre, N.S., is getting $100,000 for an energy-efficient refrigeration unit for a new lobster pound. Ian McIsaac, president of the Seafood Producers Association of Nova Scotia, says the funding will help make the provinces' processing sector more efficient and productive. "With the many challenges Canada has faced lately, every step in streamlining and modernizing our sector is vital in competing globally and supporting communities and jobs at home," McIsaac said. "These investments show that the province understands these challenges and is working to grow the sector."

Nova Scotia invests in climate change adaptations for its seafood industry
Nova Scotia invests in climate change adaptations for its seafood industry

Global News

time5 days ago

  • Business
  • Global News

Nova Scotia invests in climate change adaptations for its seafood industry

The Nova Scotia government says it will spend $1.73 million to help 22 seafood companies and related organizations reduce their carbon footprints. Fisheries and Aquaculture Minister Kent Smith says much of that money will be used to reduce fossil fuel consumption by helping businesses purchase electric motors for fishing vessels and install solar systems, among other things. There will be a third call for funding applications later this year. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy Among those receiving funding is Asadalia Fisheries in Pictou, N.S., which will receive $250,000 to pay for a hybrid diesel-electric lobster boat. As well, Lobster Hub Inc. in Meteghan Centre, N.S., is getting $100,000 for an energy efficient refrigeration unit for a new lobster pound. Ian McIsaac, president of the Seafood Producers Association of Nova Scotia, says the funding will help make the provinces' processing sector more efficient and productive. Story continues below advertisement 'With the many challenges Canada has faced lately, every step in streamlining and modernizing our sector is vital in competing globally and supporting communities and jobs at home,' McIsaac said. 'These investments show that the province understands these challenges and is working to grow the sector.' This report by The Canadian Press was first published June 27, 2025.

Nova Scotia invests in climate change adaptations for its seafood industry
Nova Scotia invests in climate change adaptations for its seafood industry

Yahoo

time5 days ago

  • Business
  • Yahoo

Nova Scotia invests in climate change adaptations for its seafood industry

HALIFAX — The Nova Scotia government says it will spend $1.73 million to help 22 seafood companies and related organizations reduce their carbon footprints. Fisheries and Aquaculture Minister Kent Smith says much of that money will be used to reduce fossil fuel consumption by helping businesses purchase electric motors for fishing vessels and install solar systems, among other things. There will be a third call for funding applications later this year. Among those receiving funding is Asadalia Fisheries in Pictou, N.S., which will receive $250,000 to pay for a hybrid diesel-electric lobster boat. As well, Lobster Hub Inc. in Meteghan Centre, N.S., is getting $100,000 for an energy efficient refrigeration unit for a new lobster pound. Ian McIsaac, president of the Seafood Producers Association of Nova Scotia, says the funding will help make the provinces' processing sector more efficient and productive. "With the many challenges Canada has faced lately, every step in streamlining and modernizing our sector is vital in competing globally and supporting communities and jobs at home," McIsaac said. "These investments show that the province understands these challenges and is working to grow the sector.' This report by The Canadian Press was first published June 27, 2025. The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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