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The government investment will fund major projects at the Natashquan, Kegaska, and Baie-Trinité fishing harbours.

Joanne Thompson takes over from Diane Lebouthillier as Minister of Fisheries, Oceans and the Canadian Coast Guard at "a critical time" for seafood trade and economy.

The number of licenses can be adjusted upwards to benefit more fishermen by reducing the number of traps per harvester and maintaining the total planned fishing effort.

Joanne Thompson retains her role as Minister of Fisheries, as newly-elected Prime Minister Mark Carney makes significant changes to his ministerial team.

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

Fishery monitoring by Indigenous groups is "essential" to effective fish stock management.