Tag Archives: First Out (LIFO)

Newfoundland/Labrador: Seeking a Fair Share for Small Boat Shrimp Harvesters

863a4ac9dc_64635696_o2The all-party committee on federal shrimp quota allocations officially outlined its position to the Honourable Gail Shea, federal Minister of Fisheries and Oceans today about how the Federal Government should proceed with Northern Shrimp allocation decisions. The All-Party Committee supports the total allowable catch rollover for Shrimp Fishing Area 6 for this year as requested by both the inshore and offshore fleet, and has asked for the Last In, First Out (LIFO) policy to be rescinded and replaced with a new sharing arrangement that is fair to both valued fleets. Read the rest here 14:12