The paradox facing the Atlantic fishery is highlighted in the enlightening AIMS’ publication, “Allocating the Catch Among Fishermen: A Perspective on Opportunities for Fisheries Reform”. This paper, which is based on a presentation given Professor Peter H. Pearse at the AIMS sponsored Conference Rising Tide? Rights-based Fishing on the Atlantic Coast, directly addresses the reasons behind Canada’s ineffective fisheries management. Professor Pearse, one of this country’s most recognised authorities in natural resource management, provides an illuminating look at the history of Individual Transferable Quotas and other forms of property in the fishery, the present position, and suggests thoughtful principles to guide decision makers into the future.
