Thank you very much for your question.
Given what happened in 2025, we tried to improve on that in 2026. The science for northern cod was announced in late March. I think the technical briefing was made public on April 1 or 2. DFO then had a groundfish advisory meeting earlier than normal. They had it on April 8, working toward the decision the next week or so. We did move it up this year to try to get.... Everybody was around the table. After we had the science, they gave their opinions on what the quota should be and how we should manage the fishery.
The Department of Fisheries and Oceans in Newfoundland—specifically for northern cod—issues paper licences today. I don't know if they do that everywhere, but they do it in Newfoundland. It's a two-week process. Even if we get a decision in the next week and then the industry agrees that we're going to open on July 1, we have to go back two weeks.
DFO requires two weeks' notice to actually issue the licence conditions to the fishermen. There's a minimum of a two-week delay from the day the quota is announced to when you can have an opening date. We have a spawning closure, as I said in my opening remarks, in place through June 30 right now. The earliest that northern cod can open is July 1. To do that, we need a decision in the next week or so.
