Tag Archives: Deep Sea Trawlers Association of B.C.

Seeking an elusive, expensive catch: quotas

Dan Edwards was raised in a British Columbia household of eight kids, supported by fishing – as the family had been for generations. “It was never an easy life,” Mr. Edwards says. “My father and grandfather worked hard. But they made a living – fishing.”,,,  But what really makes fishing unprofitable for many Pacific fishermen is that about 70 per cent of the landed value (or gross revenue) of their catch can go to pay the owner of the fish. And the owner is not the province, the country, the Queen nor Njoror, the Norse god of the sea. The effective owner of B.C.’s fish is the holder of the individual transferable quota for catching them. >click to read< 22:14