A parliamentary committee is criticizing Fisheries and Oceans Canada for unfair fishing regulations and calls for equalization of fishing policy on the coasts, specifically in regards to foreign and corporate ownership of licenses and quotas. The committee is recommending that the department should prioritize measures to benefit Canadian coastal communities and limit corporate control while also addressing concerns about transparency and potential criminal elements infiltrating the industry. The report also called for the creation of a specific fisheries finance agency within five years and highlighted the disappointing lack of progress over the past five years in addressing these issues.