June 18, 2020 — The Canadian Fish and Seafood Opportunities Fund (CFSOF) has been reopened to help the country’s seafood industry access new consumer markets, especially as the COVID-19 pandemic continues to hurt its economy, Minister of Fisheries, Oceans, and the Canadian Coast Guard Bernadette Jordan announced on 17 June.
The fund, which was initially launched in 2018, is a national cost-sharing federal, provincial, and territorial program aimed at aiding Canada’s seafood sector in addressing new market-access issues and identifying branding opportunities. Ultimately, the program seeks to “maximize the value of Canada’s world-class fish and seafood,” the Canadian government affirmed in a press release.