Fisheries and Oceans Canada expects to flounder under mounting climate costs
Hurricane Fiona left a trail of destruction across the Atlantic Coast in September 2022 wreaking havoc on wharves, fisheries, vessels, and gear and the federal government’s pocketbook. In response to the climate disaster, Fisheries and Oceans Canada (DFO) has had to earmark more than $563 million to deal with Fiona’s aftermath, including damage to 142 out of 184 small craft harbours on the Atlantic coast. With a shrinking budget, the department is bracing for more severe financial and logistical challenges as the climate crisis intensifies. Yet the federal agency is already facing a yearly budget deficit of more than $100 million that hamstrings its ability to maintain its critical buildings, equipment, and other assets. more, >>CLICK TO READ<< 06:47
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