March 27, 2013 – The provincial government announced today it will provide Carino Processing Ltd. of South Dildo with a $3.6 million loan for the purchase of seals from the 2013 harvest.
Fisheries Minister Derrick Dalley said the loan will go toward the purchase of seal pelts and blubber. The company will show its continued commitment to the future of the industry by making a matching contribution for processing/marketing activities.
The announcement was made at Carino’s plant in South Dildo.
“Last year, the loan to Carino Processing Ltd., which was paid back in full and on time, ensured hundreds of sealers and processing workers earned an income,” Dalley said.
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