Fishing licences and quota on the West Coast are murky business
Being a commercial fish harvester is tough work. There are long hours, unpredictable seas and demanding physical conditions, not to mention the experience it takes to know where to drop the traps or cast a net..,, In the West Coast fisheries, a single licence may be exchanged for tens of thousands of dollars to hundreds of thousands of dollars, and quota transactions are worth tens of millions of dollars annually. However, the market for licences and quota is not transparent or tightly regulated.,,, As licences and quota concentrate in fewer hands they become out of reach for active harvesters. In turn, the socioeconomic fabric of Indigenous and coastal communities stretches and strains. A recent study by the Parliamentary Standing Committee on Fisheries and Oceans comes to similar conclusions. >click to read<16:31
Analysis of Commercial Fishing Licence, and Quota Values – As at December 31, 2016 Prepared for Fisheries and Oceans Canada, Pacific Region >click to read<
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