Board of Trade Puts Custodial Mangagement on National Agenda

From the Evening Telegram:

St. John’s Board of Trade gets custodial management on national action agenda

The Telegram

The St. John’s Board of Trade won the support of national chambers of commerce and boards of trade on custodial management at the Canadian Chamber of Commerce meeting over the weekend.

With the support of over 350 chambers and almost 70 business associations representing 170,000 businesses Canada-wide, the board’s resolution calls on the federal government to act on foreign overfishing.

“The Board of Trade is proud to have national support for an imperative policy that can positively impact Newfoundlanders and Labradorians,” said Donna Stone, president of the St. John’s Board of Trade.

“The number of chambers and boards across Canada who support this issue is a testament to the national importance of custodial management, and we are sending that message to the federal government. We look forward to this policy becoming action for the betterment of our people and our economy.”

The nationally-adopted resolution recommends: That the federal government take decisive action to deal with foreign overfishing on the nose and tail of the Grand Banks and the Flemish Cap by undertaking custodial management in the waters above Canada’s continental shelf, whereby Canada would assume responsibility for the conduct of science, the implementation of compliance and other regulatory mechanisms to ensure ongoing effective management and the rebuilding of fish stocks within this marine ecosystem...