“This investment is supporting the fishery which is a strong contributor to the economy, creating jobs and economic activity in many Island communities,” said the Minister. “Funding research and innovation is necessary to ensure the growth and long-term sustainability of the fishery.”

The department is partnering with the Prince Edward Island Shellfish Association on two projects in the Charlottetown Harbour area. One is monitoring the growth and survival rates of oysters. A second project is evaluating the effectiveness of long-term natural relay in improving the quality of oysters.

Through the Prince Edward Island Aquaculture Alliance, the department is supporting research trials to improve the growth rates of halibut by examining the impact of lighting regimes, feed types and tank design.

“Our government is committed to promoting access to scientific research and expertise to improve our resources, to add value to our industries, and to help our producers compete successfully in the global marketplace,” said the Minister.

The Aquaculture and Fisheries Research Initiative was established by the province to increase access to scientific research and encourage more innovation in the fishery.

Since the program began, the province has invested $2 million and leveraged an additional $7 million for a total investment of $9 million in 53 projects.