SAVEOURSALMON.CA

The fishing industry in Canada is well-developed and viable, with a total worth of over CAD $5 billion. Fishing companies provide over 120,000 jobs across Canada, including in coastal and rural areas... During the last decade, government assistance shifted from targeted, large subsidies to targeted, small subsidies. This means higher direct costs for fishing companies, together with increased debt and capitalization. Measures and activities adopted and implemented to optimize the fleet and equipment resulted in significantly higher debt loads. Decreased flexibility and adaptability are also a source of concern due to limited license privileges, limited entry systems, and other factors. At present, the trapping, hunting, fishing, and agriculture industries have a higher total debt load compared to industries such as coal and petroleum products, quarrying and mining, medicine manufacturing, soft drink and food manufacturing, rubber products and plastics manufacturing, and many others...