NS: Cooke Aquaculture must pay back $9-million provincial loan, with interest

December 29, 2014 Canada

“The forgiveness of the loan to Cooke Aquaculture depends on the company’s ability to meet certain targets by the end of 2015, including 400 new FTEs and four new projects – farm operations in Shelburne and Digby, a new salmon hatchery in Digby, expanding a feed mill in Truro, establishing a fish processing facility in Shelburne,” wrote Economic and Rural Development and Tourism spokesperson Sarah Levy-MacLeod in an email to the Coast Guard. “We expect the company to fulfill the terms and conditions in the original agreement.” Read the rest here 11:44

Cooke Aquaculture

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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