New Brunswick Introduces Measures to Combat Unreported Lobster Sales
Fishy business: New Brunswick has a new plan to tackle unreported lobster sales
Ctv News
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The Government of New Brunswick has announced new measures to tackle unreported lobster sales, which account for 10-30% of the annual catch, resulting in a loss of $5 to $7 million in tax revenue. A pilot program with a budget of $667,000 will enhance enforcement and stakeholder engagement.
- 01Unreported lobster sales in New Brunswick range from 10% to 30% annually.
- 02$5 to $7 million in tax revenue is lost due to these unreported sales.
- 03A one-year pilot program has been allocated $667,000 to support enforcement efforts.
- 04The Department of Justice will enhance enforcement measures.
- 05Stakeholder engagement will be prioritized by the Department of Agriculture, Aquaculture and Fisheries.
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The Government of New Brunswick has unveiled a comprehensive plan to tackle the issue of unreported lobster sales, which significantly impacts the province's economy and resource stability. According to federal statistics, between 10% and 30% of the lobster catch goes unreported each year, leading to a loss of $5 to $7 million in provincial tax revenue. In response, the provincial budget has allocated $667,000 for a one-year pilot program aimed at enhancing enforcement and engaging stakeholders. The Department of Justice will implement stricter enforcement measures, while the Department of Agriculture, Aquaculture and Fisheries will work to involve industry stakeholders in legislative discussions. Minister of Agriculture, Aquaculture and Fisheries Pat Finnigan emphasized the government's commitment to protecting New Brunswick's lobster fishery and ensuring fairness in the industry.
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These measures aim to stabilize the lobster industry, ensuring fair practices and protecting the local economy.
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