Canada Economic Development

Canada Economic Development

March 15, 2010 15:00 ET

Government of Canada Grants $338,388 in Funding to the Regroupement des pecheurs professionnels du Sud de la Gaspesie Inc.

GASPE, QUEBEC--(Marketwire - March 15, 2010) - The Honourable Denis Lebel, Minister of State for Canada Economic Development, today announced the awarding of $338,388 in non-repayable funding to the Regroupement des pêcheurs professionnels du Sud de la Gaspésie Inc. (RPPSG) for the implementation of an action plan to promote the sustainability of the lobster fishery in the Gaspésie region.

The Regroupement's action plan will centre on four main components: fleet restructuring, new market commercialization, resource conservation and shared management of the lobster fishery. The plan's measures will enable the RPPSG to identify major trends in the market, determine the best means for ensuring constant supply and pinpoint strategies to make the sector's businesses profitable. The federal funding will serve primarily to finance the organization's commercialization activities, which include expanding into new markets (notably into France, Italy and Spain), taking part in trade missions and setting up meetings with leading wholesalers of live and processed lobster.

"Lobster fishing is an important link in Gaspésie's economic chain. In recent years, the sector has experienced a slowdown, which has had the effect of weakening many local communities. This action plan put in place by the Regroupement des pêcheurs professionnels du Sud de la Gaspésie will help reorient the future of the region's lobster fishery, which is why Canada Economic Development is so pleased to lend its financial support to this initiative," explained the Minister of State.

The Quebec lobster fishery generates retail sales of more than $70 million per year. Established in 1992, the RPPSG represents and promotes the interests of its 204 members, including 350 coastal fishermen and fishermen's helpers from Gaspé to Restigouche.

This funding has been awarded through the Lobster component of the Community Adjustment Fund, a measure contained in Canada's Economic Action Plan by which $10 million will be invested in lobster fishing communities in Atlantic Canada and Quebec to help preserve jobs and facilitate the restructuring of the sector. 

Canada's Economic Action Plan is aimed at bringing about the country's rapid economic recovery and laying the foundations for solid long-term economic growth and job creation. This large-scale measure will result in nearly $62 billion in funding being injected into the economy by March 2011, thereby helping Canada's regions position themselves advantageously on highly-competitive global markets.

For more on Canada's Economic Action Plan, visit www.actionplan.gc.ca.

Canada Economic Development is online at www.dec-ced.gc.ca. Subscribe to the Agency's press releases at
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