Fish Price-Setting Strategic Review Team recommends formula-based pricing ahead of fisheries

    Thursday, 16 November 2023 12:00

    By Tonya Organ

    Fisheries Minister Elvis Loveless says he is hopeful the recommendations will help lead to an efficient price setting framework for the seafood sector that  includes a timely start for our various fisheries.

    Government has released the final report prepared by the Fish Price-Setting Strategic Review Team. The report includes nine recommendations, which are under review by government and includes the development of formula-based pricing that should be undertaken months prior to the seasonal start of fisheries. The team was created in September 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. Fisheries Minister Elvis Loveless says he is hopeful the recommendations will help lead to an efficient price setting framework for the seafood sector that  includes a timely start for our various fisheries.

     

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Light snow shower

      High: -1°C | Low: -2°C

    • Deer Lake

      Light snow

      High: -1°C | Low: -3°C

    • Stephenville

      Heavy snow

      High: 0°C | Low: -1°C

    Recently Played

    Podcasts

    • Qalipu Today

      Qalipu Today, December 2, 2025

      On this edition of Qalipu Today Kaylee Sullivan, Cultural Wellness Facilitator with Qalipu First Nation, shares updates on community initiatives happening throughout December.

    • BayFM On-Demand

      Corner Brook Mayor Linda Chaisson

      Corner Brook Mayor Linda Chaisson on Bay Fm

    • Sunday Night Geek

      Sunday Night Geek, November 30, 2025

      Sunday Night Geek, November 30, 2025