Fisheries and Aquaculture Company Loan Programs

Nicole Sampson

Cape Breton West – Inverness/Richmond


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The Fisheries and Aquaculture Loan Board assists fishers with financial resources. The board currently holds loans for more $110 million to support the fisheries and aquaculturists. The Board provides loans with a competitive interest rate. Loan amortization schedules for borrowers vary based on the project, ranging from 1-20 years. Companies can apply to the Nova Scotia Department of Fisheries and Aquaculture for a number of purchases, including:

  • New vessels
  • Used vessels
  • License
  • Engine equipment modifications
  • Bait freezer
  • Extras

Adam Mugridge

Cape Breton East – Cape Breton/Victoria Counties