Ottawa to invest in ‘fisheries innovation’ for Atlantic Canada following EU trade deal

With Canada’s trade deal with the European Union on track to come into force provisionally within weeks, the federal government is set to announce a new fisheries innovation fund. But don’t portray this new money as a way to compensate Atlantic Canada, Fisheries Minister Dominic LeBlanc told CBC News last week. “I didn’t say compensation. That was your word,” LeBlanc said after an announcement in Vancouver last week. “What I said is that we’re prepared to work with provinces to look for a way to make our fishing industry the most innovative, productive, sustainable and globally competitive that we can.” Compensation was what Newfoundland and Labrador was looking for in the face of the Comprehensive Economic and Trade Agreement (CETA), which will prevent Canadian provinces from placing any export restrictions on raw fish. Continue reading the story here 08:58