The federal government has announced $100 million in funding to support the immediate and urgent work currently being carried out on the recovery of lost fishing gear and repairs of small craft harbours damaged by Hurricane Fiona. This funding is part of the $300 million Hurricane Fiona Recovery Fund announced by Prime Minister Trudeau on October 4, 2022. The Fund is coordinated by the Atlantic Canada Opportunities Agency, which is working with other federal departments and agencies to address recovery needs.

The funding will help clean up, dredge, and begin the needed repairs and rebuilding of critical infrastructure. This will help ensure small craft harbours impacted by the storm remain operational for users and more resilient against future extreme weather, in addition to ensuring safe navigation so harvesters can get back on the water.