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Fisheries committee  As the deputy said, we've had these discussions for years, and this is the next round of discussions. It was largely based on a request from many stakeholders who were asking about our strategic review announcements around stability, what that was about. We talked about putting t

March 14th, 2012Committee meeting

Kevin Stringer

Fisheries committee  You know, I don't know the answer to that question. But in thinking about southwest Nova Scotia in particular—and here I'm not sure what the numbers are for southwest New Brunswick—the numbers have been very good in the Bay of Fundy. You're right that it is a new industry and t

October 27th, 2011Committee meeting

Kevin Stringer

Fisheries committee  I think that's the answer to the question, that it largely depends on the assumptions you start with. As for the variables that we're throwing into this, I've mentioned a few of them, but I'll mention a couple more. So much depends on what you're putting in as the price of salm

October 27th, 2011Committee meeting

Kevin Stringer

Fisheries committee  It's a good point and one that I think we would want to contemplate. The current regulatory framework, I think you're suggesting, and it's absolutely accurate, presumes the current arrangements with open-net pens. In fact, one of the things we are doing is working with industry

October 27th, 2011Committee meeting

Kevin Stringer

Fisheries committee  I'll throw that unfairly to Jay.

October 27th, 2011Committee meeting

Kevin Stringer

Fisheries committee  There are impacts. They're raising issues. It's been an emerging issue, no question about it, from traditional fishers, particularly in southwest New Brunswick and in Nova Scotia. As new facilities are being established in Nova Scotia, issues and concerns are coming forward from

October 27th, 2011Committee meeting

Kevin Stringer

Fisheries committee  They have been profitable. They've been particularly profitable in recent years, because the Chilean production went down significantly. But we understand that the Chileans are coming back with their production. So we'll see what happens with the future economic viability. But ri

October 27th, 2011Committee meeting

Kevin Stringer

Fisheries committee  As I understand it, the group that's running the Middle Bay facility—and we have worked with them—also has arrangements in China, which I think involve different technologies. I'll ask Alistair to jump in on this one.

October 27th, 2011Committee meeting

Kevin Stringer

Fisheries committee  I'm not going to comment on whether there is significant interest from industry. I understand that Industry will be here, and you may want to ask them about their views on that. What I can tell you, and we've told Industry, is that in terms of applications for new facilities and

October 27th, 2011Committee meeting

Kevin Stringer

Fisheries committee  So Alistair found it. It's seven times as much, not 10 times as much.

October 27th, 2011Committee meeting

Kevin Stringer

Fisheries committee  With land use, you have to be close to a power grid, which is easier said than done. This is a rural industry. Finding a power base to hook up to an appropriate water source can be a real challenge. It may be that the land was not planned for that use. So a whole lot of things

October 27th, 2011Committee meeting

Kevin Stringer

Fisheries committee  First, let me correct you. If I said it that way, I--

October 27th, 2011Committee meeting

Kevin Stringer

Fisheries committee  Well, I may have. Our understanding is that it's a $7-million initiative altogether, of which $2.2 million came from government.

October 27th, 2011Committee meeting

Kevin Stringer

Fisheries committee  Our understanding is that their cost of production is significantly higher than the cost of salmon at the moment. It's $4.90, whereas the price for salmon is $2.30—at least it's $2.30 in North America. I don't know what it is in Denmark, but presumably it's not that different. T

October 27th, 2011Committee meeting

Kevin Stringer

Fisheries committee  Yes, it would seem so.

October 27th, 2011Committee meeting

Kevin Stringer