Government of Canada Invests in Clean Technology for Fisheries and Aquaculture Industries
March 5, 2024 | 1 min to read
The Government of Canada is enhancing its commitment to clean technologies to protect the environment and boost economic growth. The Honourable Diane Lebouthillier announced over $3.5 million in funding for 18 initiatives through the Fisheries and Aquaculture Clean Technology Adoption Program (FACTAP), benefiting small and medium-sized businesses. This funding aims to help producers adopt innovative solutions that reduce environmental impacts, including water consumption and emissions, while also improving competitiveness in the fisheries and aquaculture sectors.
OTTAWA, ON – The Government of Canada is committed to promoting the use of clean technologies as a key strategy to safeguard the environment and foster economic growth. Canadian fisheries and aquaculture businesses grow stronger with investments in clean solutions to improve their environmental performance.
Today, the Honourable Diane Lebouthillier, Minister of Fisheries, Oceans and the Canadian Coast Guard, announced over $3.5 million in funding for 18 initiatives under the Fisheries and Aquaculture Clean Technology Adoption Program (FACTAP).
This federal funding supports small and medium-sized businesses in their efforts to adopt and incorporate innovative, clean technologies in their business operations. By incorporating these technologies and solutions into fisheries and aquaculture operations, producers can reduce environmental impacts, including reduced water consumption, energy use and emissions, plastic demands, waste and accidental catch of non-target fish species. The program also includes funding to pilot test late-stage innovations or process technologies in Canada’s aquaculture sector.
These additional funds to support the adoption of clean technologies within Canada’s fisheries and aquaculture industries will improve environmental performance and competitiveness.