A proud heritage of supporting our fishers.
The Nova Scotia Fisheries and Aquaculture Loan Board is here to help you with what you know best. You know harvesting in waters off Nova Scotia; you know what it takes to run a profitable business; you know what the opportunities for growth are. And we understand what it takes to support you and your ambitions.
Our efforts have helped Nova Scotia’s fish harvesters and boat builders for over eight decades. Through skill, tenacity, ingenuity, and a physical geography that provides huge opportunities, our sea farmers grow first-class products that are sold worldwide. We’re proud to support this success. Our boat builders are skilled and dedicated craftspeople who underpin our province’s aquaculture industry. And we’re proud to support this success as well, by providing lending options to boat builders and inspecting the progress of client vessels at important times during their builds.
Our clients aren’t numbers or accounts—they’re our friends, our neighbours, and the heart of our coastal communities. Together, we can ensure the success of our industry, and balance resources for today and the future.
Documents
Our business plan outlines the Board’s goals and objectives for the year, in alignment with the
Department of Fisheries and Aquaculture’s vision and priorities.
An Annual Report or Accountability Report is published annually to report on progress in achieving the business plan’s goals and objectives.
The Crown Lending Agencies division of the Nova Scotia Department of Agriculture (o/a Nova Scotia Farm Loan Board, Nova Scotia Fisheries & Aquaculture Loan Board) is required to disclose travel and hospitality expenses of senior management.
Proposed Regulatory Amendment.
The Nova Scotia Fisheries and Aquaculture Loan Board (NSFALB) has a mandate to support the fisheries, aquaculture, boatbuilding, and buying/processing sectors through the provision of capital financing. The NSFALB operates as a provincial Crown Corporation under the Fisheries and Coastal Resources Act. The Fisheries and Aquaculture Loan Board Regulations, made under the Fisheries and Coastal Resources Act, govern the terms and conditions of loans provided by NSFALB. The NSFALB has developed amendments to the Fisheries and Aquaculture Loan Board Regulations that can be reviewed here. These amendments are intended to provide greater clarity and certainty regarding the NSFALB’s loan products and allow for more efficient and timely processing of loan applications.
What our customers say about us.
“We have developed a strong business relationship with their team of loans officers and inspectors. They are exceptionally reliable and files are managed in a timely and professional manner with a high degree of expertise.”
Maureen MacDonald
“The Loan Board was very encouraging,” he says. “Even when my questions were difficult, they were quick to answer. They’ve been great. I probably couldn’t have done this project without them.”
Jason Rankin, Pictou, NS
“Fishing is their thing. At the bank, you’re just a number. If you’re not able to make a payment, I think your chances of making it through hard times are better with the loan board than with the bank. There’s no question.”
Kevin King, St. Peter’s, NS
“I didn’t want to go through a bank, I wanted to go somewhere they support fishermen.”
Chris Roma, East Petpeswick, NS
“If you’ve had a bad year, they don’t want to see you fail. It takes a bit of the pressure off.”
Curtis Halliday, Shag Harbour, NS
“I have to say, the Fisheries Loan Board officers I dealt with were extremely helpful,”