Marineland requesting $10M-$20M federal loan to export belugas to U.S. | CBC News
Briefly

Marineland requesting $10M-$20M federal loan to export belugas to U.S. | CBC News
"Marineland is requesting $10 million to $20 million in a federal loan to move up to 30 belugas and four dolphins to aquariums across the U.S. The money for the loan is ready, but Marineland is refusing to disclose its finances, which is a hurdle for public funds to be given."
"The logistical and financial requirements for transporting 30 whales are significant. While we continue to explore all potential avenues for support, we do not comment on rumours or speculation."
"The 323-hectare property, on which the park was founded in 1961, is believed to be worth hundreds of millions of dollars. It's been closed to the public since the end of summer 2024."
"Moving these creatures is costly and complicated, according to Andrew Trites, professor and director of the marine mammal research unit at the Institute for the Oceans and Fisheries at UBC."
Marineland, a closed theme park in Niagara Falls, is requesting a federal loan of $10 million to $20 million to relocate up to 30 belugas and four dolphins. A senior government source indicated that Marineland's refusal to disclose its finances poses a challenge for securing public funds. Marineland acknowledged the logistical and financial complexities of the move but declined to comment on rumors. The park has been closed since summer 2024 and is facing financial difficulties while attempting to sell its assets.
Read at www.cbc.ca
Unable to calculate read time
[
|
]