Tag Archives: licences
As fishing industry becomes more lucrative, there’s increased demand for licences, vessels in Nova Scotia
New data from the Nova Scotia Fisheries and Aquaculture Loan Board shows Nova Scotia fishermen are taking out bigger loans to get into the lucrative lobster fishery.,, Brett Nickerson, a 27-year-old lobster fisherman from Cape Sable Island, used money from the loan board to get into the fishery. “I decided if I keep waiting and twiddling my thumbs, then I’m just gonna get older and end up doing it later in life,” he said aboard his boat, Miss Mackenzie, in Port La Tour, Shelburne County. >click to read< 08:00
Sweeping reforms to licences, quotas, and equal footing, Standing Committee urges massive overhaul
The committee is recommending sweeping changes to the way commercial fishing licences and quota are owned in B.C. to address concerns of monopolization — including quota ownership by foreign investors who might never have set foot on a fishing boat or in Canada — that has turned commercial fishing in B.C. into “a modern day feudal system.” While commercial fishermen in B.C. applaud the committee’s recommendations, it may not sit well with corporate owners such as Jimmy Pattison’s Canadian Fishing Company, which owns a significant amount of fish quota in B.C. >click to read<12:55
