Government of Canada, Fisheries and Oceans Canada – Canadian Fish and Seafood Opportunities Fund (CFSOF)

Description:

The Canadian Fish and Seafood Opportunities Fund (CFSOF) was first launched in December 2018. It is a national marketing program that supports industry organizations in their efforts to address key market-access issues, as well as branding and promotion opportunities for Canada’s world-class fish and seafood sector, through national and regional initiatives.

Comments on Funding:

The maximum level of total Canadian government assistance (federal, provincial, territorial and municipal) for the same eligible costs of this program will not exceed 90% of the total eligible costs of the activity.

Eligibility:

The applicant must be a not-for-profit:

  • organization operating on a national or sector-wide basis in the fish and seafood sector;
  • industry organization that:
  • operates on a regional basis in the fish and seafood sector; and
  • represents a significant segment of production within that sector and demonstrates its ability to deliver a project from a national perspective.
  • active in, or support, marketing activities related to the fish and seafood harvesting, processing or aquaculture sectors, and be a legal entity capable of entering into legally binding agreements. 

Other Things to Note:

  1. The CFOSF is a federal, provincial, and territorial governments’ cost-share program of $42.85 million (70% federal and 30% provincial) and funds eligible activities supported by participating provinces and territories (British Columbia, Saskatchewan, Northwest Territories, Yukon, Ontario, New Brunswick, Prince Edward Island, Nova Scotia, and Newfoundland and Labrador). Eligible applicants under the CFSOF are not-for-profit industry organizations (e.g. associations and Indigenous groups) operating on a national, regional, or sector-wide basis in the fish and seafood sector who are active in, or supporting, marketing activities related to the sector.
  2. During the current COVID-19 context, the CFSOF is another tool to help the fish and seafood sector adapt to changing consumer demand and build new markets.
  3. Projects must end, and all costs incurred, by September 30, 2023.

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