OTTAWA, ON, Feb. 12, 2021 /CNW/ – The Government of Canada is developing a Blue Economy Strategy to grow our ocean sectors through job creation, inclusion and conservation. This strategy will harness opportunities on all three coasts to spur innovative ideas, create more jobs, leading to a more prosperous future for Indigenous and coastal communities. It will also position Canada as a world leader in the global blue economy.
An effective Blue Economy Strategy is one in which Canadians from coast to coast to coast will see themselves: ocean industries, innovators, environmental groups, indigenous and non-indigenous communities across the country. Over the past week, the Honourable Bernadette Jordan, Minister of Fisheries, Oceans and the Canadian Coast Guard held roundtable discussions with leaders in some of these key sectors including the fisheries and aquaculture sectors, academia, and women leaders in ocean sectors to hear their suggestions on a successful blue economy strategy.
During these roundtables, Minister Jordan has heard about the importance of British Colombia’s fisheries and coastal tourism from the Pacific region, the level of importance of having reliable, timely, and accessible data on our oceans from ocean scientists and professors and the need for collaboration between communities, first nations and industry to produce a strategy that considers economic, social and environmental factors.
The Government of Canada will continue to host roundtable discussions and shortly Canadians will be invited to share their feedback through online engagement. Those interested will also be able to visit the Blue Economy website where they can download an engagement toolkit to host their own discussions.
The engagement of Indigenous peoples is critical in the development of this strategy. Indigenous peoples bring vast knowledge and valuable experience given their longstanding and close relationship with Canada’s oceans. Indigenous stakeholders will be engaged through ministerial and departmental roundtables, and all Indigenous peoples will be able to share their views about how a Blue Economy Strategy could better serve their economic and environmental priorities through the online engagement.
Quotes
“What we heard this week was that Canadians agree – our Blue Economy has so much potential for growth. We’re going to keep working with Indigenous peoples, industry, environmentalists and more to create a strategy that will ensure we’re sustainably harnessing our ocean resources to their full potential. Canadians want a thriving Blue Economy that is built on protection, production, prosperity, and that’s exactly what we’re striving toward.”
The Honourable Bernadette Jordan, Minister of Fisheries, Oceans and the Canadian Coast Guard
Quick Facts
Minister Jordan launched the engagement on Canada’s Blue Economy Strategy on February 8, 2021. Between February 8-12, 2021, she held 9 roundtables with fisheries and aquaculture leaders, ocean innovators, academia, and women leaders in ocean sectors.
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.
