Annex B – Aquaculture Development Source tables

Table 1a. Shellfish production

Due to the diverse nature of aquaculture, it is impractical to provide a template that fits all scenarios If you have already created an excel based spreadsheet styled production plan delete this section and paste it here as well as in your Annex A (Business case template)

If you do not have a plan or require assistance, please feel free to contact the BDT's aquaculture advisor.

Ensure the production plan has all the following elements:

1. Timeline by species
2. Initial biomass and ending biomass with mortality included
3. Clear descriptions of changes to levels of production or changes in planned output
4. Minimum of 10 years projected and if production plateaus the plan should reflect this

• Please use the NOTES: section to add applicable non data information points to production plan
• Production plans need to include all biomass in the water and projected harvest in current production plan section
• Mortality should have a set % that changes with the age of the group with an explanation of how the percentage was arrived at and with cited references if possible (if an overall average is better suited add the explanation into the notes section)
• Sales estimates need current farmgate pricing and an explanation in the NOTES section of how that pricing was arrived at.
• Unit of sales needs to be entered in the column header and value into sheet Example (single/dozen/lbs/meters/tonnes)

Notes

Table 1b. Fin fish production

Due to the diverse nature of aquaculture, it is impractical to provide a template that fits all scenarios If you have already created an excel based spreadsheet styled production plan delete this section and paste it here as well as in your Annex A (Business case template)

If you do not have a plan or require assistance, please feel free to contact the BDT's aquaculture advisor.

Ensure the production plan has all the following elements:

1. Timeline by species
2. Initial biomass and ending biomass with mortality included
3. Clear descriptions of changes to levels of production or changes in planned output
4. Minimum of 10 years projected and if production plateaus the plan should reflect this

• Please use the NOTES: section to add applicable non data information points to production plan
• Production plans need to include all biomass in the water and projected harvest in current production plan section
• Mortality should have a set % that changes with the age of the group with an explanation of how the percentage was arrived at and with cited references if possible (if an overall average is better suited add the explanation into the notes section)
• Sales estimates need current farmgate pricing and an explanation in the NOTES section of how that pricing was arrived at.
• Unit of sales needs to be entered in the column header and value into sheet Example (single/dozen/lbs/meters/tonnes)

Typical finfish production plan

Notes

Table 1c. Macro algae production

Due to the diverse nature of aquaculture, it is impractical to provide a template that fits all scenarios If you have already created an excel based spreadsheet styled production plan delete this section and paste it here as well as in your Annex A (Business case template)

If you do not have a plan or require assistance, please feel free to contact the BDT's aquaculture advisor.

Ensure the production plan has all the following elements:

1. Timeline by species
2. Initial biomass and ending biomass with mortality included
3. Clear descriptions of changes to levels of production or changes in planned output
4. Minimum of 10 years projected and if production plateaus the plan should reflect this

• Please use the NOTES: section to add applicable non data information points to production plan
• Production plans need to include all biomass in the water and projected harvest in current production plan section
• Mortality should have a set % that changes with the age of the group with an explanation of how the percentage was arrived at and with cited references if possible (if an overall average is better suited add the explanation into the notes section)
• Sales estimates need current farmgate pricing and an explanation in the NOTES section of how that pricing was arrived at.
• Unit of sales needs to be entered in the column header and value into sheet Example (single/dozen/lbs/meters/tonnes)

Notes

Table 2. Capacity and training (For fish safe, only report on proposed training. Fish Safe reports on completed training separately)

Use one row per person when capturing the information. In Training History, include all courses/training previously undertaken by the person. If none, please note this. In Training Needs, capture what training is required, when it is expected to be provided (e.g. month, year) and identify the provider (e.g. name of institution/mentor/consultant) and method of delivery. If training will be provided by a mentor/consultant, add as Appendix the proposal/quote. On-the-job training should also be included.

Table 3. Costs and budget

It is critical to be as detailed as possible and back up all number with quotes and/or explanations.

• List all capital and operating costs that are directly related to the proposed project.
• Identify any other funding sources besides ADS that will support the project if applicable.
• Add columns if more than one additional funding stream is accessed.
• Operating costs are not eligible under ADS funding, however detailed expenses and notes are critical for understanding the plan for the project and capturing the impact total of project costs.
• Please use the notes to explain and/or expand on your projected expenses (consider items like consulting or rent and how varied that item can be and then brake items like that down further into its components)

Operating Costs: Use this page for operational costs attributed to the project for a single year or request a multiyear application

Fill out this section whether a single or multi-year application to determine costs on an operational level directly attributed to the project

Project inputs that create a deviation to standard expenses. Example: Wages of new staff. Identify here and give reasoning

Table 3b. Multiyear project costs

Table 4. Operational costs and budget

It is critical to be as detailed as possible and back up all number with quotes and/or explanations.

• List all regular operating costs that are directly related to the proposed project.
• Identify any other funding sources besides ADS that will support the project if applicable.
• Add columns if more than one additional funding stream is accessed.
• Operating costs are not eligible under ADS funding, however detailed expenses and notes are critical for understanding the plan for the project and capturing the impact total of project costs.
• Please use the notes to explain and/or expand on your projected expenses (consider items like consulting or rent and how varied that item can be and then brake items like that down further into its components)

Notes

Table 5. Straight line depreciation of assets

• Capital expenditures that are directly related to the project, populated by the list in the capital costs section of cost and budget table
• Please do not add in operating expenses
• Please feel free to amend this table to meet your needs if required
• Depreciation of assets is estimated based on capital cost allowance (CCA) classes identified by the Canada Revenue Agency

[Click here if you would like to access the Canada Revenue Agency website regarding CCA classes of depreciable property.]

Table 6: Project estimates

• Please provide an itemized breakdown of annual revenues generated by the project and list assumptions used to estimate revenues as an example: volume of product sold and farm gate price.
• If future revenues are projected to increase by more than the rate of inflation, please provide an explanation regarding assumptions example: planned price increase, scaling up production and other investment
• List all these supplemental parts of information in the notes section provided and feel free to use more than the three lines currently available for revenues and the three lines provided for expenses.
• Information on revenues provided from the production plans will be automatically populated from the primary tabs
• Annual expenses will be automatically populated from Table 3 and table 4. Please note any assumptions for example: tenure fee rates rental and lease agreements. Information from project specific expenses will also be considered in this and will be part of the second half from Table 3 auto populated here

Notes regarding the estimates (assumptions with estimates)

(add lines as needed)

Revenues:
1.
2.
3.

Expenses:
1.
2.
3.

Table 7. Project assessment (Internal rate of return)

• The purchase price and terminal value of the investment will be populated automatically based on the calculations in the Costs and Budget tab and the depreciation of assets tab respectively
• Annual revenues expenses and net income will be populated automatically based on the calculations in Tab 6 Project Estimates
• In addition, please add future investments that are required to achieve financial stability and viability of the project, please indicate the values of the investments and in the years in which they are expected.
• Add your explanations of these future investments in the notes section provided below

Notes regarding future investments (assumptions)

1.
2.
3.

Table 8. Jobs and employment

• please enter only numbers and not symbols
• in table 8A: please list all employment respectively regarding the current operation in which this project applied for will take place
• please feel free to adjust the type of employment and the position to make it more relevant to your operation
• in table 8B: only add what's your estimated job creation will be because of the project
• the totals of table 8A and 8B should be the projected employment level of your operation post project

Use this table to summarize any employment by the project during the previous Fiscal Year (2024-25), if applicable. Please use numbers, not symbols (e.g., X) to populate the table.

Use this table to summarize any new jobs to be created by the proposed project (Do not include current employment form Table 8A)

Table 9. Project work plan