Financial support program for commercial fishing enterprises

Amount:

Funding is calculated based on the parameters specified in the table on pages 16-22 of the full text of the program) .

Type:

Grant, Loan, Loan Guarantee

Description:

Avoid the loss of assets, ensure the survival of fishing companies, protect jobs in supported companies and enable the recovery of the company’s financial situation.

Comments on Funding:

Funding is calculated based on the parameters specified in the table on pages 16-22 of the full text of the program) .

Deadline:

The program ends on March 31, 2026, or when the funds are exhausted, whichever comes first.

Eligibility:

Eligible Applicants
Fishing companies are eligible.

Eligible expenses
Interest on the applicant’s eligible debts, i.e. those relating to a project eligible under section 2, as well as marine insurance premiums.

Application Steps:

Read the full text of the program (PDF 632 KB) for all the details.
Complete the financial assistance application form and send it to your regional MAPAQ office (commercial fisheries and aquaculture).
Financial assistance application form for section 3
The application must be accompanied by the relevant documents and information to enable its analysis. The list of documents that may be requested is given in the annexes to the full text of the program.

Documentation Needed:

Needed documents to apply are in the guide, you have to read the guide.

Other Things to Note:

Financial assistance application form for section 3: https://cdn-contenu.quebec.ca/cdn-contenu/adm/min/agriculture-pecheries-alimentation/programmes/appui-entreprises-peche-commerciale/FO_demande-volet3-appui-peche-commerciale_MAPAQ.pdf

Link Guide:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

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