L’ÉTANG RUISSEAU BAR TO EXPAND THANKS TO SUPPORT FROM FEDERAL AND PROVINCIAL GOVERNMENTSSupporting the growth of the oyster aquaculture industry in New Brunswick admin May 4, 2015
L’Étang Ruisseau Bar to Expand Thanks to Support from Federal and Provincial Governments
Supporting the growth of the oyster aquaculture industry in New Brunswick
Shippagan, N.B. – Atlantic Canada Opportunities Agency – May 01, 2015 – L’Étang Ruisseau Bar Ltd is undertaking a significant expansion that will increase its oyster production capacity, thanks to support from the federal and provincial governments.
The Honourable Rob Moore, Regional Minister for New Brunswick and Minister of State (Atlantic Canada Opportunities Agency), and the Honourable Bill Fraser, Minister of Tourism, Heritage and Culture, and Minister responsible for Northern New Brunswick Economic Development and Innovation Fund made the announcement today.
The first part of the project is to expand the primary hatchery facility, and build new photobioreactors – special equipment used to produce algae to nourish oyster spat (seed) – which will enable the company to produce more algae to support increased spat production. The company will also install an exterior nursery at a secondary location, where the oyster spat will be grown until they are large enough to meet its clients’ needs.
The Government of Canada, through ACOA’s Business Development Program, is providing a repayable contribution of $201,250 to support this project. The Province of New Brunswick is making a contribution of $46,000, while the company itself is investing $153,250 in the project.
- L’Étang Ruisseau Bar Ltd, based in Shippagan, is a family-owned business that has been producing and marketing Eastern oysters for over 40 years.
- The company supplies juvenile oysters to producers who will then grow them out until they are big enough to be sold for individual consumption.
- The concept of the photobioreactor technology was developed by scientists at the National Research Council Canada in Halifax, Nova Scotia.
- L’Étang Ruisseau Bar’s main products are its two brands of oysters, namely “La St-Simon” and “La Mallet”, but they also sell bay scallops and quahog seed.
“Our Government is pleased to support the oyster aquaculture industry as it continues to grow and contribute to the regional economy. By helping L’Étang Ruisseau Bar with this project, we are enabling them to increase supply to meet the growing demands of individual producers looking for a quality product to help return better yields.”
– The Honourable Rob Moore, Regional Minister for New Brunswick, Minister of State (Atlantic Canada Opportunities Agency)
“New Brunswick is undoubtedly home to some of the world’s best seafood products, and we can be proud of our leadership in sustainable management practices. Supporting businesses such as L’Étang Ruisseau Bar is another way we are committed to fostering the right environment for job creation and economic growth as we move New Brunswick forward.”
– The Honourable Bill Fraser, Minister of Tourism, Heritage and Culture and Minister responsible for the Northern New Brunswick Economic Development and Innovation Fund
“L’Etang Ruisseau Bar Ltd appreciates the financial support of the government of Canada and the province of New Brunswick towards the expansion of our land-based nursery system for the production of oyster seed. The New Brunswick oyster industry is growing steadily and it is essential to provide an abundant and reliable seed supply in order to support its future development and respond to the needs of growing markets.”
– André Mallet, President, L’Étang Ruisseau Bar Ltd
Director of Communications
Office of the Honourable Rob Moore
Atlantic Canada Opportunities Agency
Atlantic Canada Opportunities Agency
Economic Development/ Agriculture, Aquaculture and Fisheries
L’Étang Ruisseau Bar