Mr. Chair and committee members, thank you for inviting me to speak today.
I would also like to acknowledge that I'm speaking from the traditional territory of the Algonquin Anishinabe.
Commissioner DeMarco, thank you for presenting the audit findings. DFO agrees with the recommendations and recognizes their role in strengthening the department's work and accountability.
DFO is committed to conserving and protecting Canada's oceans through partnerships with indigenous people, provinces and territories supported by robust science and thorough consultations with stakeholders, including industry. We continue to consider best available science and knowledge, carefully assess economic impacts and ensure thoughtful and inclusive decision-making, which takes time.
Canada's oceans are vital for our economy and livelihoods, contributing nearly $52 billion in GDP and sustaining 420,000 jobs, including more than 66,000 in the seafood industry. Oceans are also critical in our efforts to fight climate change and biodiversity loss.
Marine protected and conserved areas help protect species, habitats and ecosystems that support our sustainable fishing industry. They also provide social, cultural and economic benefits and enhance recreation, tourism and research opportunities. Investing in marine conservation helps keep the ocean healthy, supports sustainable growth in the ocean industries and ensures these benefits last for future generations.
Since 2015, Canada has advanced from conserving only 1% of marine and coastal areas to over 15%. This remarkable achievement is based on collaboration, partnerships and significant engagement with stakeholders as we design site-specific marine protected areas that minimize impact.
Canada has also signed the Great Bear Sea and SINAA historic agreements to support large-scale, indigenous-led conservation projects using an innovative financial model known as project finance for permanence, PFP. These agreements leverage government and private funding to combine conservation with support for local economies, forecasting significant dividends.
The Great Bear Sea PFP off the coast of B.C. is expected to create 3,000 jobs and 200 businesses and conserve highly valuable and biologically productive marine areas. The SINAA PFP in the Qikiqtani Region of Nunavut will support Inuit-led conservation and regional governance, including much-needed community infrastructure, projecting 50 new jobs with potential areas that anticipate to contribute up to 3.68% towards marine conservation targets.
Additional investments through grants and contributions have resulted in more than 6,700 collaborative partnerships, over 1,700 jobs, nearly 18,000 people trained and more than 1,200 new research and technical products developed. These partnerships provide a strong foundation for achieving 30% by 2030.
In addition, there are other benefits that are being delivered through investments in marine protected and conserved areas. As an example, 10 years in, monitoring Eastport marine protected area in Newfoundland showed larger lobsters and more egg-bearing females inside the MPA, with benefits extending to the surrounding ecosystem.
The Banc-des-Américains marine protected area in Quebec supports whale-watching activities and helps promote tourism and recreation in the region.
The SG̲áan Kínghlas-Bowie Seamount marine protected area in B.C. spurred deep-sea research innovations such as remote-operated vehicles, multi-beam sonar, eDNA sampling and livestreamed expeditions.
These many benefits are tied to Canada's approach, which is based on the three guiding principles of science-based decision-making: consideration of indigenous knowledge; transparency and meaningful consultation with partners and stakeholders; and advancing reconciliation with indigenous peoples.
We are recognized internationally for our thoughtful, collaborative approach and our innovation. We use peer-reviewed science evidence to identify sites that warrant protection. We prioritize areas that are important for biodiversity, like, for example, areas that are home to species at risk, glass sponge reefs and spawning or nursery grounds, which contribute to a sustainable fishery.
DFO also invests heavily in collaborative science, funding hundreds of projects annually. Many involve commercial fishers providing real-time data. We use advanced geospatial tools to ensure decisions are data-driven, and we continue to work with industry to improve our baseline data to address any gaps.
Canada's protected and conserved areas aim to maximize conservation outcomes while minimizing economic impacts. We consult early and extensively with industry to assess potential socio-economic impacts and often adjust site design and boundaries. Transparency and meaningful consultation are at the heart of our work. We strive for a no-surprise approach, sharing information about proposed sites early and providing opportunities for input at every step in the process.
In the past five years, we've conducted more than 6,800 engagement meetings Canada-wide, which included large-scale consultations on both the west and east coasts of our country. We also participate in industry-led initiatives, like the coastal MPA blueprint in the Maritimes, because there is tremendous value in collaborating with the fishing industry.
Partnerships with indigenous people are central to our approach. Co-management agreements are in place for many protected and conserved areas. We remain committed to supporting lasting partnerships through indigenous-led conservation.
I trust this reflects the work we are undertaking to meet the commitment of this government. Canadians can be confident that marine conservation is being pursued in a way that delivers lasting ecological outcomes.
Thank you, Chair.
I am open to questions.