A province rich in marine history has received a $3 million investment from the federal government designated for the Fisheries and Marine Institute (MI) of Memorial University.
Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency (ACOA) Navdeep Bains, was in Holyrood Wednesday, along with Minister of Public Services and Procurement and Member of Parliament for Bonavista-Burin-Trinity MP Judy Foote and Avalon MP Ken McDonald to make the announcement.
The goal of the funding is to further develop the Holyrood Marine Base (HMB) into a world-class facility to support the applied research, education, training and testing requirements of Newfoundland and Labrador’s growing ocean technology industry.
“The economic future of this province lies in the ocean,’’ Glenn Blackwood, vice-president of Memorial University for the Marine Institute said.
“The Marine Institute is Canada’s leading maritime and fisheries institute and the Holyrood Marine Base gives us the platform on the edge of the cold Arctic like ocean which will be critical to our students, our researchers and our industry partners. I believe it will be the portal to the sea for everyone engaged in ocean technology, research, development and management,” he added.
Upcoming enhancements will include the construction of a breakwater and marginal wharf, repairs to the existing wharf, developing laydown space and adding underwater infrastructure to support the development and testing of next generation ocean technologies.
“The Government of Canada is committed to partnering with other levels of government and educational institutions to ensure federal programs create lasting and meaningful impacts in our communities. This project aligns with the town’s efforts to attract business investment, oceans-related activity and the development of an ocean technology business park,” Foote said.
Further development of the HMB will enhance MI’s ability to maintain its position as a first-class provider of ocean technology training and research.
“The federal government is working to engage, make investments and put the right framework in place for economic growth and community projects like this one, which demonstrate our commitment to collaboration,” McDonald said.
“The development of a marine base at this facility has allowed a rural community to view ocean technology as a source of economic development for the town and surrounding region,” he added.