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Atlantic Salmon Endowment Fund Thursday, February 24, 2005
In 2001, the Government provided funding to establish the Pacific Salmon Endowment Fund in order to improve the sustainability of salmon stocks in British Columbia. Revenues generated by the fund are invested in projects related to the conservation and enhancement of Pacific salmon stocks.
In order to support similar conservation and habitat enhancement programs on the Atlantic coast, this budget identifies $30 million as a one-time investment to establish an Atlantic Salmon Endowment Fund. The Minister of Fisheries and Oceans will announce details of this new initiative shortly.
The Nova Scotia Salmon Association would like to thank our Members of Parliament who have been so supportive of the implementation of this Fund.
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