Licence Prices Squeeze Independent Fishermen
Fishing associations in Atlantic Canada are raising the alarm over how inshore fishermen are financing their operations. As the cost of fishing licences continues to soar, many are turning to financing arrangements that industry groups say could threaten the independence of the fishery.
Corporate Control a Growing Concern
The worry is that these arrangements open the door for corporations to gain influence over a sector that has long been built on independent, owner-operated boats. Associations say both the independence and profitability of the inshore fishery are at stake if the trend continues unchecked.
No specific figures on licence costs or details of the financing deals were provided in the source report.
Source: CBC News
