The industry faced a somewhat less serious crisis in 1990, but received help, that is the Quebec lobster fishers received some help. Yet, the issues of international trade and free trade were front and centre at the time. The industry finally did get some help and there were never any penalties.
I'm having a lot of trouble wrapping my head around this issue. As you well know, every other country helps its industries. In the United States, the industries benefit to the tune of billions of dollars. That goes for the banks as well. They need to come up with a different argument than this one.