Presentation By The Government Of Newfoundland And Labrador To The Federal Cabinet Committee On Fisheries Restructuring

Author : Thomas B. Clift
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Download or read book Report of the Independent Chair: MOU Steering Committee written by Thomas B. Clift and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The MOU was designed to provide the level of analysis required to inform the debate on the rationalization and restructuring initiatives necessary to ensure the long-term stability of the province's fishing industry. [...] This report outlines the conclusions that have been reached by the various working groups and the MOU Steering Committee, and also discusses the types of initiatives that may be required to bring a measure of stability to the industry in the short term, while also helping the industry position itself for long-term success in the global seafood marketplace. [...] To help in the process of refining the understanding of the scale and scope of these potential chal- lenges, the parties to the MOU and the MOU Steering Committee established a number of work- ing groups, each with a specific mandate to examine the current situation in the areas of harvesting, processing and seafood sales and marketing. [...] The highest required levels of rationalization are concentrated, geographically, on the northeast and west coasts of Newfoundland and in southern Labrador, while the lowest levels of rationalization are required in the Avalon and the southern coastal regions of Newfoundland. [...] The results of the subsequent analysis conducted by the PWG indicate that a rationalization rate of 30% would allow the processing sector to achieve gross margins in the 15% range, which is similar to the performance of the Canadian Seafood Producing Sector (excluding NL).