OTTAWA, ON, Feb. 23, 2021 /CNW/ – Canada has the longest coastline in the world leaving us with vast ocean-based resources that can be utilized for economic potential, positioning Canada as a global leader. A Blue Economy Strategy will enable us to protect and revitalize the health of our oceans while taking advantage of emerging economic growth opportunities throughout ocean sectors.
Earlier this month, the Honourable Bernadette Jordan, Minister of Fisheries, Oceans and the Canadian Coast Guard, kicked off the Blue Economy Strategy engagements with a series of roundtables with key ocean sector stakeholders to discuss how we get more Canadians working on and in the water, and benefitting from the ocean. Today, the Minister invited all Canadians to participate in an online engagement portal which will collect the diverse perspectives from coast to coast to coast, helping us shape a federal strategy that will:
help Canada build back better by integrating growth with ocean conservation and climate action;
create stablejobs and fuel prosperity for coastal regions and communities;
encourage greater participation ofIndigenous peoples, women, and under-represented groups in the ocean economy;
position our ocean sectors to be stronger and able to thrive post-COVID-19; and
strengthen Canada’s position as a global leader in the ocean space.
Open until June 15, 2021, this online engagement is an opportunity for Canadians to share their views on the Blue Economy Strategy in areas that interest them. This feedback will inform a strategy that is reflective of the input and needs of the communities that stand to grow and benefit the most from a strong coordinated approach to ocean investment and policy-making.
Ocean-related businesses, Indigenous people, local and provincial governments, economic development organizations, environmental groups and others are invited to visit the blue economy website where they can download the engagement toolkit to host their own blue economy roundtable discussion. The ideas generated can then be submitted to Fisheries and Oceans Canada to inform the development of the strategy.
Quotes
“A healthy ocean has more to give – it can feed more mouths, employ more people and create more opportunities for the entire country. Canada needs a Blue Economy Strategy that will harness the power and potential of our oceans to create a future that is more sustainable, more prosperous and more inclusive. The best way to ensure people are at the heart of the plan, is to have Canadians share their ideas so we can work towards this brighter future together.”
The Honourable Bernadette Jordan, Minister of Fisheries, Oceans and the Canadian Coast Guard
Quick Facts
The World Bank defines the blue economy as the sustainable use of ocean resources for economic growth, improved livelihoods and jobs, and ocean ecosystem health.
Pre-COVID-19, Canada’s ocean-based economy contributed significantly to national Gross Domestic Product (GDP), adding approximately $31.7 billion annually (1.6 per cent of total GDP) and nearly 300,000 jobs across a broad range of sectors.
DFO will continue working with federal partners, including Transport Canada, Innovation, Science and Economic Development Canada, Natural Resources Canada, Crown-Indigenous Relations and Northern Affairs Canada, Infrastructure Canada, Global Affairs Canada, regional development agencies, and others, to advance this whole-of-government federal initiative.
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SOURCE Fisheries and Oceans (DFO) Canada
For further information: Jane Deeks, Press Secretary, Office of the Minister of Fisheries, Oceans and the Canadian Coast Guard, 343-550-9594, [email protected]; Media Relations, Fisheries and Oceans Canada, 613-990-7537, [email protected]
TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.
The S&P/TSX composite index closed up 93.51 points at 23,568.65.
In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.
The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.
The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.
The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.
This report by The Canadian Press was first published Sept. 13, 2024.
OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.
The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.
The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.
The personal and household goods subsector fell 2.5 per cent to $12.1 billion.
In volume terms, overall wholesale sales rose 0.5 per cent in July.
Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.
This report by The Canadian Press was first published Sept. 13, 2024.
TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 172.18 points at 23,383.35.
In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.
The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.
The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.
The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.
This report by The Canadian Press was first published Sept. 12, 2024.
