Newspaper article The Canadian Press

Federal Panel Report Recommends Changing Northern Shrimp Policy

Newspaper article The Canadian Press

Federal Panel Report Recommends Changing Northern Shrimp Policy

Article excerpt

Panel recommends scrapping old shrimp policy

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HALIFAX - A federal panel reviewing the northern shrimp quota off Newfoundland and Labrador has recommended scrapping a policy that protects the interests of the fishery's pioneers.

The independent panel was examining whether the Last-In, First-Out policy should be continued, modified or scrapped as shrimp stocks decline.

Under the current policy, the last entrants to a fishery are the first to leave when a quota is cut.

But in the panel's report released Tuesday, it said the policy does not allow the industry to adjust to changes in shrimp stocks.

The report recommends replacing the policy with an allocation regime that would include proportional shares in all shrimp fishing areas.

It said under its proposed policy, shrimp fishermen would receive a fixed percentage of shares in each fishing area. …

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