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Fisheries committee It varies by species. I can give you some guesses that are going to be in the ballpark, although there are not a lot of transactions going on right now that I've heard about. I'll start with halibut. I know it's at least $85 a pound to purchase ITQ. With black cod, I know of s
June 7th, 2016Committee meeting
David Boyes
Fisheries committee You can't bring it to the bank because there's no security in licences. I explained a little earlier how you'd have to go to the minister and petition the minister to cancel the licence in your name and reinstate it in somebody else's name. We find also there are leakages of quo
June 7th, 2016Committee meeting
David Boyes
Fisheries committee As I think I said earlier, the overall number for halibut is 21%. I don't know what it is on black cod, ling cod, prawn, or geoduck, but there have been PICFI purchases of all of those. The ATP process was doing that before PICFI started up, but I don't know what the total number
June 7th, 2016Committee meeting
David Boyes
Fisheries committee Well, I don't know. That would depend on what the rule was or what the regulations were. I think for halibut, Prince Rupert is still a pretty big port. Port Hardy is probably just as big or bigger, and then a fair amount of fish goes into Ladner, and not too much to anywhere els
June 7th, 2016Committee meeting
David Boyes
Fisheries committee In effect, it's a willing seller-willing buyer process. In fact, no fisherman can sell his licence to another fisherman. He actually has to petition the minister to retire that licence in his name and reinstate it in another fisherman's name. That's the theory. The practice is
June 7th, 2016Committee meeting
David Boyes
Fisheries committee Thank you, Mr. Chairman, and members of the committee. I was made aware of this hearing just late last week. I had my boat in the shipyard, and we were pulling 12-hour and 15-hour days trying to get the propulsion machinery out and inspected by Transport Canada and back in again
June 7th, 2016Committee meeting
David Boyes