“This program demonstrates our government’s commitment to taking action in support of harvesters who were seriously affected by the current economic downturn,” announced Minister Shea. “The short-term measures being offered to eligible lobster fishers will provide some immediate relief.”
Fisheries and Oceans Canada (DFO) is now accepting applications for short term assistance from lobster license holders who have suffered significant income losses during this year’s lobster fishing season as a result of the global recession. DFO is also accepting funding proposals under the Atlantic Lobster Sustainability Measures program.
As part of Canada’s Economic Action Plan, on June 10, 2009, the Government of Canada committed $65 million to support the lobster industry and specified that $15 million would provide immediate one-time assistance to those fishers most affected by the global economic downturn and resulting collapse of lobster prices. The remaining $50 million was allocated to Atlantic Lobster Sustainability Measures over the next five years to help the lobster industry improve its economic prosperity and long-term sustainability.
“The longer term assistance will help ensure a more sustainable future for lobster fishers,” said Minister Shea. “We have developed the program criteria in consultation with industry, First Nations and the provinces to ensure spending is accountable and targeted.”
