Cooke Aquaculture approved for funding, payroll rebate to create up to 100 new jobs

Cooke Aquaculture has been approved for a payroll rebate and funding of up to $1.9 million to create 100 new jobs in New Brunswick over the next five years.

The payroll rebate is worth a maximum of $990,000 from Opportunities NB if all 100 jobs are created, with $810,000 in the form of a forgivable loan, and the remaining $100,000 as a non-repayable contribution.

Government says the new jobs are expected to be marine site workers, technicians and managers, logistics experts, and truck drivers.

Twenty-five of the new positions will be created at the company’s office in Saint John, while the remaining 75 will be spread across Cooke Aquaculture’s head office in Blacks Harbour, and at operations in St. George and Grand Manan.