Nova Scotia will lift two long-standing bans on seafood buying and processing licences—a move the province says will strengthen economic opportunities in its seafood industry, and help cushion against the impact of China’s ongoing tariffs and other potential levies from the United States.
The Nova Scotia government will lift the moratorium beginning Aug. 1 on all seafood buying and processing licences, a measure that was introduced in 2018. A moratorium on ground-fish that was imposed in 1994 will also be lifted.
The move will help open up the province’s seafood sector to new applicants and boost Nova Scotia’s economy, according to Fisheries and Aquaculture Minister Kent Smith, who noted that industry players are looking to diversify their markets….