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The agreement does not foresee any immediate changes to daily operations, and the Comeau name will remain part of the business.

The provincial government says the new measures aim to strengthen enforcement in fish buying and processing, and protect the seafood economy.

"We are looking for creative ideas that can take businesses to the next level," said Kent Smith, NS Minister of Fisheries and Aquaculture.

Publicly available, the information tool rates suitability for oysters, mussels, salmon, and trout farming in the Canadian Atlantic province.

The funding supports fisheries and aquaculture firms in their efforts to cut carbon emissions, including vessel electrification, solar installations and refrigeration upgrades.

Fisheries and Oceans Canada's annual budget to upgrade these facilities amounts to $90 million.