Prince Edward Island aquaculture projects to receive nearly $1 million in support –

Prince Edward Island aquaculture projects to receive nearly $1 million in support Published:  27 January, 2012

GAIL Shea, Regional Minister for Prince Edward Island (PEI) and Keith Ashfield, Minister of Fisheries and Oceans, have announced that the Government of Canada will invest almost $970,000 to support three innovative aquaculture projects on the island.

“Our Government is committed to boosting the Canadian economy,” said Minister Ashfield. “Innovation in aquaculture will help create jobs, especially in rural areas.”

“The aquaculture industry in Prince Edward Island offers many economic benefits and a variety of exciting career choices for people living in rural and coastal communities,” said Minister Shea.

“Aquaculture is a very important part of the fishery in Prince Edward Island,” said the island’s Aquaculture Minister, Ron MacKinley. “The province is pleased to partner with the federal government and industry to invest in innovative processing technologies and support certification efforts.”

Three projects in the Gulf Region received an additional $968,873 in funding through the federal Government:

• PEI Mussel King Inc received an additional $450,000 toward their project to develop new and innovative equipment for mussel processing. The plant expansion, with the adoption of new handling and processing approaches, will position PEI Mussel King to take advantage of and supply new, emerging markets with value-added, quality and tailored mussel products. The Government of Canada, through the Atlantic Canada Opportunities Agency, previously announced $1 million  investment in this project. The provincial government previously announced $4.8 million for this project.

• Confederation Cove Mussel Company received $505,773 for a project to develop and improve the grading process in Canadian mussel plants. The accuracy of the grading process is a very important element in terms of both quality and food safety. This innovative technology will provide the mussel processing industry with the catalyst that it needs to introduce the type of leading edge technology that will radically improve performance. A provincial contribution of $42,225 from the PEI Aquaculture and Fisheries Research Initiative supports the development and testing of this vision grading technology.

• The PEI Aquaculture Alliance received $13,100 to enable Aquaculture Industry Certification. The Department of Fisheries, Aquaculture and Rural Development provided $3,300 towards this project.

In addition to Government of Canada funds being announced today, $18.8 million in AIMAP funding has been made available throughout Canada over the past four years. It has funded innovative aquaculture and market access projects that contribute to the industry’s growth through sustainable production, increased diversification and/or green technology.

The PEI aquaculture industry provides an estimated 1,165 jobs and over $31.3 million in wages for Prince Edward Islanders. For more details on aquaculture in PEI please see the fact sheet and video available at