NAIA Issues Warning Over Potential Loss of Marine Atlantic Subsidy

Newfoundland’s valuable aquaculture sector warns that without a federal subsidy, Marine Atlantic will create an unfair and unequal economic relationship with other Maritime Provinces, said the Newfoundland Aquaculture Industry Association (NAIA) in a recent press release. According to NAIA, the loss of federal subsidies could lead to a doubling of freight rates resulting in higher costs of goods and services for every Newfoundlander and Labradorian who chooses to call this place ...