One of the frustrations for us is that there is no mechanism to renew licence fees. Licence fees for Pacific herring were set in the 1980s, I think, during the Japanese bubble, when Pacific herring was worth about 10 times as much as it is today. The same is true for Pacific salmon. The same fleet is paying, say, $4,000 for a licence at a time, when it perhaps doesn't know how much it's going to be able to catch. We certainly, for many years, have been calling for a review of licence fees to make sure that, at least on our coast—maybe as a one-off, because I know it's perhaps sensitive for some of my east coast colleagues—there is some mechanism to redress the situation, where the value has changed enormously over time and the licence fees are no longer fair.
On June 2nd, 2022. See this statement in context.