Fanny Bay Harbour Loading Ramps

Fanny Bay Harbour Authority

Sources of Funding
ICET:$515,000
Western Economic Diversification:$515,000
DFO Small Craft Harbours:$500,000
WestCCAP:$250,000
Fanny Bay Harbour Authority:$89,700
Total Budget: $1,869,700
Quick Facts: 

Less than a year after completion, offloading capacity increased by 50%.

Shellfish aquaculture is an important piece of the Island and Coastal economy. In recent years, the industry has expanded rapidly, but the aging infrastructure has not been able to accommodate the growth needed to meet market demand.

The Fanny Bay Harbour project sought to increase shellfish offloading capacity and improve productivity. It involved the replacement of the existing wood wharf and installation of a new, floating concrete wharf with ramp access. This enabled increased access to offload product, reduced waiting times and product safety.

Completed in 2012, the key impact of this project has been increased productivity, which has enabled producers to increase shellfish production and their market share within this growing industry. Less than a year after completion, offloading capacity has increased by 50% and is expected to increase by more than 300% in 2014.

ICET By The Numbers

2,500
person years employment created (construction phase)

ICET By The Numbers

50
locally elected officials and MLAs working together

ICET By The Numbers

$10.4
million annual provincial government revenue generated

ICET By The Numbers

2,750
post completion jobs created

ICET By The Numbers

$4.6
dollars leveraged for every ICET dollar invested

ICET By The Numbers

$246
million leveraged into the region

ICET By The Numbers

$52.3
million disbursed

ICET By The Numbers

$55.2
million committed

ICET By The Numbers

230
economic development projects

ICET By The Numbers

210
projects completed

ICET By The Numbers

36%
projects in small (less than 5,000) communities

ICET By The Numbers

50+
communities with ICET projects

2020-2021
ANNUAL REPORT

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