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GN creates fisheries fund

By NUNATSIAQ NEWS

The department of sustainable development will provide emerging fisheries in Nunavut with $350,000, Olayuk Akesuk, the minister of sustainable development said this week.

The Fisheries Development and Diversification Fund will provide a maximum of $50,000 per project over the life of the fund.

Similar programs are usually funded 80 per cent by the federal government, but the GN is picking up the entire tab on this one, Akesuk said.

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