Fish farm industry netting $2.1 billion annually, By: The Canadian Press, Date: Apr. 23, 2010

A new report by the Department of Fisheries and Oceans says Canada's aquaculture industry generates $2.1 billion each year and contributes thousands of jobs in coastal and rural communities.

The fish farming report, released Friday by DFO, provides estimates on the industry's economic prowess and says aquaculture production more than quadrupled between 1990 and 2006.

Of the $2.1 billion that was generated for the Canadian economy in 2007, more than $960 million came from B.C. while New Brunswick contributed about $415 million.

Ruth Salmon with the Canadian Aquaculture Industry Alliance says the study proves fish farming is providing sustainable long term-employment in areas of the country that would otherwise be economically challenged...

Read the Report:

DFO: Economic and Socio-Economic Impact of Aquaculture in Canada