Fishery Notice

The Government of Canada is committed to expanding opportunities for Aboriginal 
peoples to participate in Pacific commercial fisheries.  At this time, funding 
is anticipated to be available under Fisheries and Oceans Canada (DFO) Pacific 
Region Aboriginal programs for licence eligibility and quota relinquishments to 
be completed by March 31, 2016.

New this year under the Pacific Integrated Commercial Fisheries Initiative 
(PICFI), funding will also be available to First Nations participating in the 
program to acquire licence eligibilities and quota directly.  To assist First 
Nations in the success of this initiative, DFO may share information collected 
on applications received through this relinquishment opportunity with 
participating First Nations Commercial Fishing Enterprises (CFEs). 

A relinquishment application package was recently mailed out to stakeholders 
informing them of the current relinquishment opportunity, and application 
submissions will be accepted until December 18, 2015.

Please be aware that DFO is only able to accept relinquishment offers that fall 
within current market value ranges, which vary over time.  These ranges are 
determined through a combination of factors including third party collection of 
data on actual market transactions and surveys with various industry advisory 
board experts.

Financial considerations may impact your decision on whether or not to 
relinquish commercial licence eligibilities and/or quota.  It is recommended 
that you seek independent advice regarding income tax, financial, legal and 
other implications related to relinquishing licence eligibilities and/or quota.

Further information related to the relinquishment program can be found on the 
following DFO web pages:

PICFI PROGRAM
http://www.pac.dfo-mpo.gc.ca/fm-gp/picfi-ipcip/index-eng.html 

APPLICATION FORMS
http://www.pac.dfo-mpo.gc.ca/fm-gp/picfi-ipcip/acquisition-eng.html 

ATP Program
http://www.pac.dfo-mpo.gc.ca/abor-autoc/atp-ptaa-eng.html


FOR MORE INFORMATION:

For further information or questions you may call the Vancouver Pacific Fishery 
Licence Unit at 604-666-1640.

Fisheries & Oceans Operations Center - FN1247
Sent November 5, 2015 at 1547

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Visit Fisheries and Oceans Canada on the Web at http://www.pac.dfo-mpo.gc.ca
Printed from the Pacific Region web site on April 18, 2024 at 2313