Tag Archives: Nova Scotia companies
LIFO – Nova Scotia fish companies fight to keep northern shrimp quota in Area 6
Nova Scotia fish companies that pioneered the offshore northern shrimp fishery are fighting to keep their share of quota as the Trudeau government faces its first major fisheries decision in Atlantic Canada — one that pits province against province. The question is, who gets to catch a plummeting northern shrimp stock off Newfoundland and Labrador? “We’re being used to fix a problem we didn’t create,” said Andrew Titus, captain of the Mersey Phoenix, a Nova Scotia-based factory-freezer shrimp trawler. “If they change those rules, that is a direct hit to us … they want to kick us out of an area where we have been fishing since 1978,” said Titus, an employee of Mersey Seafoods. The so-called last in, first out policy — known as LIFO in bureaucratic jargon — has been used to manage quota sharing for decades, including the northern shrimp fishery. It means the last entrants to a fishery are the first out when a quota is cut. Read the story here 09:39
