Fisheries and Aquaculture
March 28, 2007
Government Congratulates Carino Company on 50th Anniversary
This year marks the 50th Anniversary of
Carino Company Limited doing business in Newfoundland and Labrador. A
major player in the sealing industry in Canada, the company was
incorporated in the province in 1957. As a Norwegian firm, it represents
one of the earlier ties to what has become a well established business
relationship between the province and Norway, in industries such as
fisheries, aquaculture, and oil and gas.
The Honourable Tom Rideout, Minister of Fisheries and Aquaculture,
extended congratulations to the company today on 50 years of successful
business in Newfoundland and Labrador. Minister Rideout said, �This is a
very special occasion and a milestone in the sealing industry in this
province. It gives me a great deal of pleasure to extend congratulations
to the company for this reason.�
�Seals are a significant source of income for thousands of families in
remote coastal communities in Newfoundland and Labrador, at a time of
year when employment opportunities may be limited,� said the minister.
�Companies like Carino create secondary employment opportunities in
buying and processing plants. As well, the company has been a leader in
expanding into value-added processing activities such as full tanning of
seal pelts.�
The sealing industry is worth approximately $55 million to the
provincial economy. Sealers have stated that their income from sealing
can represent from 25-35 per cent of their total income. The federal and
provincial governments have estimated that between 5,000 to 6,000 people
derive some income from sealing in this province.
In Budget 2006, government allocated $100,000 for sealing industry
communications. Carino Company Limited has been one of the key industry
representatives to work actively with government in pursuing this
strategy.
�Our government values the sealing industry as one that provides
important employment opportunities in rural areas of the province,� said
Minister Rideout. �Carino Company Limited is one of the best examples of
the employment opportunities that seal processing can provide. We are
pleased to have them in this province and will continue to work closely
with them as an industry stakeholder in representing the interest of the
sealing industry.�
Minister Rideout will bring greetings on behalf of government at the
50th anniversary celebrations of Carino Company Limited at 7:30 p.m.,
Wednesday, March 28, at The Fairmont Newfoundland.
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Media contact:
Lori Lee Oates
Director of Communications
Department of Fisheries and Aquaculture
709-728-3733, 690-8403
oatesll@gov.nl.ca
2007 03 28
9:30 a.m. |