Nunavut Fish Freight Subsidy Program (FFSP)
No fixed amount
Subsidy
Description:
The Commercial Fisheries Freight Subsidy Policy (Policy) provides financial support to eligible commercial fishing businesses in Nunavut to offset the freight costs required to move their product to market and for air charters for fly-in fisheries.
Comments on Funding:
The Policy is authorized to subsidize up to 50% of the total approved freight cost for Eligible Activities as defined in this Policy. Successful applicants will receive a single, lump sum payment upon the approval of their application by the Director in accordance with this Policy.
Rolling deadline
Eligibility:
Applicants must:
1. Be a Nunavut Resident who conducts Compliant Harvesting of Commercially Harvested Fish;
2. Be incorporated and registered businesses in Nunavut with offices and day-to-day operations located within the territory that conduct Compliant Harvesting of Commercially Harvested Fish; and
3. Be societies registered under the Nunavut Societies Act (or a not-for-profit corporation registered under the Canadian Corporations Act) for the purposes of delivering fisheries-related projects in Nunavut. This includes Community Development Corporations (CDO), Hunters and Trappers Organizations (HTO) and Hunters and Trappers Associations (HTA).
Application Steps:
Applicants must complete the Commercial Fisheries Freight Subsidy Form and Funding Application Form to:
Fisheries and Sealing Division
Department of Economic Development and Transportation
Box 1000 Station 1390, Iqaluit, Nunavut, XOA OHO
Documentation Needed:
Applicants must:
1. Submit a completed application form (Appendix A);
2. Submit an invoice for the amount being claimed;
3. Submit all relevant freight waybills clearly labelled “Fish” or “Shellfish”;
4. Submit a spreadsheet summarizing all freight waybill expenses;
5. Submit any additional documentation requested by the Department
6. Submit charter flight invoices and dates of flights.
Other Things to Note:
The funds under this Policy are distributed between the three regions – Qikiqtaaluk, Kivalliq, and Kitikmeot.
–The Policy calculates the amount of funding with the following formula: 1⁄2 of all eligible expenses up to the 1/3 allowed per region.
–If one region has a surplus of unused funds it will be made available to other regions.
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Maurice
