FFAW-Unifor Welcomes Renewal of Atlantic Fisheries Fund

St. John’s, NL—FFAW-Unifor welcomes today’s announcement of a five-year, $300-million renewal of the Atlantic Fisheries Fund (AFF), ensuring continued investment in research, innovation, and development across Atlantic Canada’s fishing industry.

The Atlantic Fisheries Fund has been an important source of support for initiatives that strengthen our understanding of marine resources, advance fisheries science, and create opportunities for innovation within the industry. Continued access to these investments is particularly important as Newfoundland and Labrador’s inshore fishery faces increasing operational pressures, evolving market conditions, and ongoing challenges surrounding resource management.

“Investing in the future of our fishery means investing in the people and communities who depend on it,” says FFAW-Unifor President Dwan Street. “Our members understand better than anyone the importance of strong fisheries science, innovation, and long-term planning. The continuation of the Atlantic Fisheries Fund is welcome news, and we look forward to seeing these investments support the priorities of Newfoundland and Labrador’s independent inshore harvesters.”

With the renewed fund also supporting market diversification and seafood promotion, FFAW-Unifor recognizes the importance of strengthening market opportunities for Newfoundland and Labrador’s seafood products amid ongoing uncertainty in global trade.

As the program moves forward, FFAW-Unifor will continue to advocate for funding that is accessible to independent inshore harvesters and supports industry-led research, sustainable resource management, and the long-term viability of fishing enterprises throughout the province.