Scotia-Fundy herring purse seine fishery: Some economic considerations

Robert Nowak

Marine Policy, 1992, vol. 16, issue 3, 183-196

Abstract: In 1983 the Canadian Department of Fisheries and Oceans (DFO) implemented a 10-year fleet reduction plan in the Scotia-Fundy (4WX) herring purse seine fishery. The plan constituted an important departure from the traditional philosophy of fishery management in Atlantic Canada by introducing individual and transferable property rights to fish. This paper analyses fishermen's reactions and adjustments to the plan in the context of market factors affecting this fishery. Overall, the fleet's increased viability is attributed largely to misreporting and market forces, not to economic mechanisms implicit in the plan.

Date: 1992
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