Two accused teenagers to remain in custody for at least two more weeks | SaltWire #newsupdate #newsKen McDonald says the federal government’s response to recommendations his committee made regarding corporate concentration in the Newfoundland and Labrador fishery are fair, but he hopes it leads to action.
Many harvesters referenced the growing presence in the province of Royal Greenland, a fish processing company based in Greenland that has ownership of companies in Newfoundland and Labrador and around the world.The federal minister responsible for DFO, Diane Lebouthillier, presented the government’s response to the standing committee’s recommendations on April 11.
“As part of the current ownership review process for the reissuance of fishing licences in the midshore and offshore fisheries in Atlantic Canada, the government will continue to request from any prospective licence recipient a variety of sources of information, such as: the certificate of incorporation; the articles of incorporation showing the ownership structure of the company; and an attestation from a lawyer confirming that the proposed licence holder has met the requirements associated...
“I think the committee has seen that and recognized that they’ve got to try and preserve what's there in place and enhance it any way we can to make sure the community itself benefits from fishery that’s taking place.”While he thought the government response was appropriate, he wants to see what the federal government meant by “action is ongoing,” as the response stated.
“If they own enough of it, they'll control the market; they’ll control the price that fishers are able to get,” he said.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: SaltWire Network - 🏆 45. / 63 Read more »