Atlantic Canada Opportunities Agency gave Nova Scotia-based salmon farm company Sustainable Blue Fish Farming Ltd. a CAD 1 million ($726,000/€662,200) repayable loan, according to CBC News.
The company developed for 10 years a "zero discharge" closed-containment system and "by late fall this year, we'll be at full production at our existing facilities, which gives us a maximum production capability of about 200 [metric] tons of salmon every year," said Sustainable Blue CEO Kirk Havercroft, according to the news site.
"This ACOA contribution allows us to increase that production because we are in the process of building a new building.
