|The Salmonier Correctional Institution's monthly news||April 2002|
Changes To The Fishing Industry
With the new proposal of a merger involving Fishery Products International, the fishery has we have known it, is about to undergo major changes. These changes involve a series of cutbacks to the general hours of work as well as the producing capabilities of raw product available.
The people of Newfoundland have witnessed, in the past, drastic wage decreases due to the lack of work available to them. What once was a year round income source is now being lessened to a seasonal based income source. The decrease in work hours thus lower incomes, have forced people working in the industry to leave Newfoundland for other parts of Canada and abroad. The Newfoundland Government and the Federal Government of Canada should, in my opinion, intervene with large corporations such as F.P.I. and null all mergers until a large scale assessment of the merger is in place. Thus, joining forces together with the people this may help reduce the outflow of our native men and women.
Also, the quota allocations given to large corporations may be reduced in various areas of the province. Thus, the people of the general area may receive less of a percentage of raw product to work with and in turn the loss of wages. The large corporation's when doing it's annual reports may decipher this in a negative way and close production facilities with the misinterpreted information. The people of the province take the loss. Again, this only in my opinion.
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