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NR-M-98-01E

SUCCESFUL PROPOSALS FOR THE 1998 SILVER HAKE DEVELOPMENTAL PROGRAM

January 30, 1998


Halifax - The Department of Fisheries and Oceans (DFO), Maritimes Region, today announced that a decision has been made on proposals for the 1998 Silver Hake Developmental Program.

"The decision is based on careful consideration of information supplied to DFO by the five companies submitting proposals, and followed the eligibility criteria" stated Neil Bellefontaine, Regional Director-General of DFO´s Maritimes Region.

An allocation of 8,000 t of silver hake will be offered to Han Beck Seafoods for the 1998 fishery.

The remaining 1,625 t silver hake allocation will be offered to Yarmouth Sea Products, subject to the provision of additional project details.

The criteria established for the initial review of proposals stipulated that the application must come from a registered Canadian company, the applicant must own or lease and manage a Canadian fish processing plant and have (or proposed) significant investment in the processing of silver hake.

On December 8, 1997, DFO´s Minister Anderson announced the allocation shares for the 55,000 t 1998 silver hake fishery.

  • 42.5 per cent allocated to the established developmental participants,
  • 30 per cent allocated to the competitive pool for the domestic fleet,
  • 17.5 per cent allocated to encourage new developmental fisheries under the Silver Hake Developmental Program (9,625t).
  • 10 per cent would be reserved for the foreign fishery (down from 25 per cent in 1997).

On December 24, 1997, DFO´s Maritimes Region issued a call for new proposals for the silver hake developmental fishery. The release stated that detailed criteria and operating guidelines for this fishery are available from DFO. The release stated that to be considered applications must be submitted to DFO by January 2, 1998, and that a decision on the successful applicants would be made by January 31, 1998.

- 30 -

For information:

Carl Myers
Communications
Maritimes Region
Fisheries and Oceans
Halifax, Nova Scotia
(902) 426-3550

Spokesperson:

Neil Bellefontaine
Regional Director-General
Maritimes Region
Fisheries and Oceans
Halifax, N.S.
(902) 426-2581

Year of the Ocean



Last Modified : 2002-12-04