The Battle over the Newfoundland Fishery
AIMS’ voice on the Newfoundland scene, takes aim in this piece at the anti-business stance of the Newfoundland and Labrador government in its dealings with Fisheries Products International. The company has developed plans to invest millions in new technology to create a high quality, highly professional fishery with plants that operate year-round. All agree that a modernized fishery is in the best interests of Newfoundland; the problem arises because a modern fishery requires a smaller workforce and work is already scarce in Newfoundland. Moving to protect current constituents from harm, the government is acting in a manner that, Fenwick argues, amounts to “nationalization without compensation” and will threaten, not protect, the very jobs the government is trying to preserve.