Halibut PEI receives $1M in funding to boost Innovation and Productivity

September 10, 2019

Emergence client Halibut PEI in Victoria, PEI, has received $1M through the Atlantic Fisheries Fund. This funding will help them establish a reliable supply chain to support the development of a viable halibut aquaculture industry. The project funding will support research and development into husbandry techniques, a breeding program and shipping methods to improve the supply of 5 gram juveniles for grow-out.

Halibut PEI is one of 15 organizations receiving funding through the Atlantic Fisheries Fund to adopt new technologies and equipment to improve the productivity and sustainability of the aquaculture sector in the province. Backgrounder here.

Halibut PEI (HPEI) is a land-based, closed contained Ocean Wise certified Halibut aquaculture operation located in Victoria, Prince Edward Island, Canada. Our broodstock, egg fertilization, hatchery, nursery and grow-out operations makes us North America’s only fully integrated Halibut company.