Government Report Fails to Acknowledge True Implications of Foreign Control
Today, the provincial government released a report entitled, “A Review of Foreign Investment in the Newfoundland and Labrador Fishery.” While FFAW-Unifor is hopeful that the report’s recommendations will limit further foreign-control of our province’s resources, it fails to acknowledge or address the existing challenges hurting fish harvesters, plant workers, and coastal communities. “The entire processing industry is controlled by a handful of large companies – companies that continue to eat up smaller companies, continually growing their share and reducing competition in the industry. This situation is hurting inshore fish harvesters and plant workers, and it’s hurting the economic sustainability for coastal communities,” says FFAW-Unifor President Keith Sullivan. >click to read< 10:44
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