CANADA: provincial aid for another seafood processor

In previous post I was referring to aid provided by the Canadian Province of Nova Scotia to seafood processors.

A few days ago the Provincial government granted a loan guarantee of CAD 2.5 million (USD 2.35 million) to another seafood processor, namely D. B. Kenney Fisheries Ltd. in Digby County. The guarantee will be provided through the Industrial Expansion Fund, which is administered by the Provincial governement.

According to Nova Scotia's Economic Development Minister Percy Paris, the seafood processor is part of a group of 14 companies and has sales of about $15 million.

Here is a link to the press release:

http://www.novanewsnow.com/article-406279-Loan-guarantee-for-DB-Kenney-Fisheries-Ltd.html

and to an article on the Net:

http://www.canadaviews.ca/2009/11/26/province-supports-a-home-grown-seafood-processor-in-digby-county/