December 21, 2012 – The government of Newfoundland and Labrador has been repaid just over half of a $2-million loan it provided a company to help boost this year’s commercial harp seal hunt.
Provincial fisheries minister Derrick Dalley rose in the legislature today to announce that Carino Processing Ltd. has made the first payment of approximately $1.1 million toward the loan. Canadian Press story is here.
The official Newfoundland and Labrador government press release is here