Mr. Chair, I want to thank my colleague for his thoughts.
When we think about the industry itself and in the grand scheme of things, in his particular area and in general for the Maritimes as well as Newfoundland and Labrador, it seems like we were entering a new age when it comes to vessel size. They are becoming much larger and much more expensive. For new entrants, that is going to be a troublesome thing for the next generation of fishers, certainly for the east coast, west coast, and all over.
Given the downturn in the industry and given how much money was invested in other sectors, and I think of the auto sector as being one, how is it possible for a new entrant to actually finance a multi-million dollar boat based on current prices and in light of the conservation cuts that he talked about earlier, the 63% cuts? There are so many failures at play here, it is hard for somebody to get into the business.
However, I want him to focus on what it is the government can say to someone who wants the finance options to get involved in this industry as a single fisher-person. Could he explain how difficult that is and what will the government do to help that person?