British Columbia salmon farm ban could cost Canadians $9 billion

Published 2024년 11월 29일

Tridge summary

An economic impact report by RIAS, commissioned by the BC Salmon Farmers Association, outlines the substantial financial and social repercussions of the Canadian government's proposed ban on marine net-pen salmon farms in British Columbia. The report predicts at least $9 billion in taxpayer costs and potential social challenges for First Nations communities, including increased suicides and poverty. The BC Salmon Farmers Association and the Coalition of First Nations for Finfish Stewardship argue that the ban disregards scientific evidence and economic realities, urging the government to explore alternative solutions that respect First Nations' rights and minimize taxpayer expenses. They assert that salmon farms pose minimal risk to wild Pacific salmon and support a transition plan that aligns with First Nations' goals and incorporates innovative technologies suited to coastal environments.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Compiled by RIAS and commissioned by the BC Salmon Farmers Association (BCSFA), the economic impact report found that the ban, which was announced in June, and the current proposed draft transition plan will result in at least $9 billion in unnecessary costs to Canadian taxpayers to compensate for the sector’s closure, and to subsidise unproven closed containment technology companies. The report has calculated annual losses of: “The proposed ban is a reckless decision by the Trudeau government that ignores both science and economic reality,” said Brian Kingzett, executive director of the BC Salmon Farmers Association, in a press release. “BC salmon farming companies, suppliers and First Nations within whose territories we operate have communicated to the federal government that transition cannot be a ban on marine net-pen salmon farms in less than five years and maintain a viable farmed salmon sector,” he added. "Suicides, overdoses, poverty, and the loss of our rights" The report ...
Source: Thefishsite

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