Union files petition in Ottawa to stop foreign ownership of fishing licences and quotas
The union representing commercial fishing industry workers has filed a petition with the House of Commons to put a formal end to further ownership or beneficial interest in Canadian licences and quotas by foreign interests.
According to Orr, foreign investment on the west coast has seen costs rise, and in doing so, seen the downturn from the lack of new owner-operators entering the industry.“If you’re a young entrant or been fishing for a long time and desire to become a owner-operator, you’re in direct competition from foreign interests,” said Orr. “In the socio-economic view on a broader scale, we’re already seeing the dismantlement of the infrastructure that supports the fishing industry on our coast.
Again, this can be attributed to rising costs for licences and the individual transferable quotas , a transferable quota that you can trade in between individual entities. While there are some growing pains associated with that, Orr feels that BC could work out the kinks that were missed on the Atlantic Canada policy.
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