At the time, under the Atlantic lobster sustainability measures program, the federal government provided a third of the funding and the industry provided the remaining two thirds, thanks to loans from the provinces involved, in some cases, depending on the regions where the program was in place. In New Brunswick, for instance, approximately 160 lobster fishing licences were removed at the time. The program cost about $20 million.
On November 15th, 2022. See this statement in context.