Security Bond Program

The Aquaculture Association of Nova Scotia, in cooperation with the Nova Scotia Department of Fisheries and Aquaculture, has developed an “AANS Member Group Security Bond” (also known as a surety bond) that satisfies the requirements for a security bond under the 2015 Aquaculture License and Lease Regulations: Section 56-1. “An aquaculture lease holder must ensure that a security bond is in place…”

The AANS has partnered with BFL Canada and Intact Insurance to put our program in place. Members of the AANS will be able to purchase bonds for each lease that the operator has with the province of Nova Scotia. This proprietary program made exclusively available to AANS members provide a surety bond certificate that meets the Government of Nova Scotia’s aquaculture regulatory requirements.

For 2023/2024, security bonds must be in place by July 31, 2023. An updated price list will be coming shortly.

Notes:
1. All types of leases (listed above) registered with the Province of Nova Scotia (NSDFA) require a registered surety bond regardless of current usage.
2. All bond holders registered through the Aquaculture Association of Nova Scotia (AANS) must be a member in good standing with the AANS.
3. Registration through the AANS surety bond program may be processed online at seafarmers.shop.
4. Surety Bond Renewals are due each year on or before July 31st.
5. For new surety bond applicants, please review the instruction letter below. For members that are renewing bonds, you do not need to complete the application form. simply add your specific leases to the shopping cart on Seafarmers.shop and proceed to “check out”.

How to Apply

  1. STEP 1: Download the Surety Bond Application Form, complete the application form (online or by hand), print, sign, and email your completed form to rdm@seafarmers.ca.
  2. STEP 2: Click the Button below to purchase your Surety Bond from our products page. Note the categories are separated into shellfish and finfish.
  3. STEP 3: Purchase a Security Bond for each one of your leases held with the Province of Nova Scotia here.
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