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Canada loans Quebec firm CAD 2m to expand snow crab processing capacity

The funds will help the processor to 'acquire various equipment for its snow crab production line, expand its deep-freeze warehouse and upgrade its current facilities'

By Undercurrent News | May 6, 2024 15:18 BST
Photo from Facebook page of Les Fruits de Mer Madeleine Inc.
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Diane Lebouthillier, Canada's fisheries minister, and Soraya Martinez Ferrada, minister of Canada Economic Development for Quebec Regions (CED) announced Friday (May 3) that the federal government will loan Les Fruits de Mer Madeleine Inc. CAD 2 million ($1.5m) to expand its ability to handle snow crabs.  [...]

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