Is the Newfoundland Fishery Finally Modernizing?
Late last year FPI announced the closure of Harbour Breton, one of its chain of ground fish plants along the south coast of Newfoundland & Labrador. This time, the government refused to invoke the provisions of the legislation that would force FPI to keep the antiquated plant running. To do so would trigger a clause forcing the government to cover FPI’s losses at Harbour Breton. For Fisheries Minister Trevor Taylor this would be the abandonment of the current government’s fisheries policy that refuses to subsidize the fishing industry. As Peter fenwick, AIMS’ Fellow on Fisheries and Newfoundland Issues, explains in this commentary - if the Newfoundland government does indeed stay this course the fishing industry may eventually evolve into the modern industry it can be.