The most value. The most benefit. From every shrimp.
The year-round offshore shrimp fishery is a vital economic resource to Newfoundland and Labrador. Not only does it generate jobs and income for families around the province, it contributes over $100 million to our GDP every year. This contribution is more important than ever given the current economic climate.
Our industry is highly competitive on a global scale. And we must stay competitive on this world stage to continue to ensure the economic benefits of the year-round, offshore fishery are felt around our province.
A change in the current shrimp allocation policy will have a negative effect on our economy and future investments in our province.
*Per tonne of shrimp