Nova Scotia's Economy: The Fisheries Sector

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The fisheries sector as part of the oceans sector plays a large part in Nova Scotia's economy. The direct GDP impact of the ocean sector in the Nova Scotia economy is estimated at $2.62 billion in 2001, about double the 1996 impact measured at $1.37 billion. This direct impact accounts for about 10% of total Nova Scotia GDP (Gardner, Fraser, Milloy, Frost, 2005). However, it is important to remember for such a large industry, a large amount of waste is produced as well. Currently in Nova Scotia, the majority of fish waste produced from processing plants is being composted. Most of it making its way to a landfill. In a landfill, this fish waste can settle, and leach into the ground, contaminating the soil and could leach into a nearby water …show more content…
It has been estimated that 80% of the pollution load in the oceans originates from these sources (AMEC Earth & Environmental, 2003). This is of importance when looking at the fisheries sector as it's a large producer of waste; in fact, frequently in the processing of most species of fish for food purposes, typically 30-80% of the raw material is waste (AMEC Earth & Environmental, 2003). This can leave a large portion being …show more content…
The proposed length for this project is 3 months. Equipment needed is included in Technology above and is an in-kind cost. The same goes for a bus pass for transportation. The funding required for this project is for salary. The salary would cover 30 hours, over period of 3 months.

Benefits of the Study

Overall, this project is of great importance. It allows the fisheries industry to reduce the amount of waste that is composted, which as mentioned before is quite substantial as , typically 30-80% of the raw material is waste (AMEC Earth & Environmental, 2003). It allows also for industry the ability to sell the fertilizer, creating a potential lucrative product from a economic standpoint. From an environmental stand point, it can be used as a natural fertilizer, which can add richness to the soil. Long term, you would be creating a natural fertilizer while potentially creating an economic and environmentally viable

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