A new Fish Price-Setting Strategic Review team set up to address concerns of fishers and buyers

The team’s mandate includes economic analysis, stakeholder consultations and review of current legislation, policy and regulations, with the objective of finding a solution that reflects the respective roles and values of the harvesting and processing sectors.

Government has established a Fish Price-Setting Strategic Review Team. The goal is to assist with the development of a formula-based framework for fish price-setting, and other potential mechanisms, to address ongoing issues with the current price-setting process. The strategic review team consists of three members appointed by the Lieutenant-Governor in Council, based upon nominations from Fish, Food and Allied Workers – Unifor, the Association of Seafood Producers Inc., and Government. The team’s mandate includes economic analysis, stakeholder consultations and review of current legislation, policy and regulations, with the objective of finding a solution that reflects the respective roles and values of the harvesting and processing sectors. Fisheries Minister Elvis Loveless says identifying a solution to the fish price-setting process that addresses the concerns of both harvesters and processors is key to the timely start and execution of our various fisheries.