Tag Archives: to prevent corporate takeover

Owner Operator/Fleet Separation Policies: Measures to prevent corporate takeover of Atlantic inshore fleets go into law

Wednesday, the Department of Fisheries and Oceans published amended Atlantic Fishery regulations that include the so-called owner-operator and fleet-separation policies. The owner-operator policy requires the eligible holder of a fishing licence to be the beneficiary of the licence, and fleet separation prevents processing companies and buyers from also holding fishing licences. “It’s a great day for the inshore fishery and we’re super happy with the results of this announcement,” >click to read<14:16 To read more about this, >click here<

Minister Jordan strengthens protections for inshore commercial fish harvesters on East Coast – Under the authorities granted by the modernized Fisheries Act, Fisheries and Oceans Canada has amended the Atlantic Fishery Regulations, 1985 and the Maritime Provinces Fishery Regulations to clarify the rules governing inshore licences and create new enforceable requirements. >click to read<