Tag Archives: Minister Keith Colwell
Bigger loans, faster turn-around time, by loan board to help N.S. fishing industry and younger fishermen
The fishery industry in Nova Scotia is worth an estimated $2 billion annually and one important area that updated Fisheries and Aquaculture Loan Board regulations are putting a high value on is younger fishermen and new entrants. The updated regulations were announced in Yarmouth on Dec. 6 and include such things as reduced loan approval wait times and increasing lending limits from $1 million to $5 million. The goal is to expand options and to eliminate financial barriers that have prevented people – particularly younger fishermen – from taking a risk in seeking big loans to get into the sector and/or improve their enterprises. >click to read<19:40
Nova Scotia to unveil new aquaculture regulations, attempt to ‘restore public confidence’ after recent fish health scares
Nova Scotia will unveil much tougher rules Monday to oversee the aquaculture industry in a bid to “restore public confidence.” Regulations governing the industry will go from two pages to 60 by the start of the week, the province’s minister of fisheries and aquaculture said. “We are going to a more firm regulatory process. We are going to be doing more testing,” Minister Keith Colwell told CBC after a tour Friday of the department’s new laboratory in Truro, N.S. Moratorium on new salmon farms remains – Aquaculture has an image problem in Nova Scotia, fuelled by ,,, Read the rest here 08:52