Tag Archives: $16-million provincial fund

Fishery fund benefits big players, few fishermen – Only 7 harvesters among 261 project approvals

A $16-million provincial fund that was created to provide funding for all aspects of the fishery has almost exclusively benefitted academic institutions, unions and big players on the processing side of the industry, not the harvesters who work directly on the water. The Fisheries Technology and New Opportunities Program (FTNOP) was established in 2008, to “provide support for harvesting, processing, and marketing initiatives in order to diversify these activities and increase the overall viability of the Newfoundland and Labrador seafood industry.” Read the rest here 07:19