Canada is one of the biggest countries in trade, and has many resource industries. This brochure is all about Canada’s natural resource industry, fishing.
~Canada exported approximately $4.9 billion in fish and seafood in 2014.
~Approximately 85% of all fish and seafood landed by Canadian harvesters is exported.
~Canada’s five most valuable exports by species in 2014 were lobster, snow/queen crab, shrimp, Atlantic salmon and scallop.
~Commercial fishermen fish a variety of animals, ranging from tuna, cod, and salmon to shrimp, lobster, clams, and crab. Canada has many large trade partners. The trade partners listed below are who we mainly export our fish and seafood to currently
~Commercial fishing uses many different methods to effectively catch a large variety of species including the use of pole and line, trolling with multiple lines, trawling with large nets, and traps
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~This map below shows the three main fishing regions in Canada. The three circled spots are the location of these fisheries. The one on the far right circling the maritime provinces is the Atlantic fishery. The one on the far left circling the coast of British Columbia is the Pacific fishery. The one in the middle circling the great lakes represents the freshwater / inland lakes fishery. Although the freshwater fishery includes other inland lakes the highest amount of freshwater fish come from the great lakes.
~About 100 communities on the Pacific coast and more than 1,000 in Atlantic Canada depend on the commercial fishery. Inland, fishing communities range from small lakeside settlements on the northern Prairies to substantial centres on the Great Lakes.
~The aquaculture industry generates over $1 billion in GDP and 14,000 job opportunities in direct and indirect
The economy of the province of Ontario is the largest in Canada and is rich and diversified. Ontario’s main international export is from the automotive sector with more than 30 % of all its exports. Even though we rarely hear about it in the news; Ontario, of all Canadian provinces, also has the largest base of Office Furniture Manufacturers. Ontario also hosts many generic pharmaceutical companies and defense related industries.
The consumer market for freshwater ornamental fish and related products in the US exceeds $700 million annually and is growing at a rate of nearly 9% per year
Canada holds productivity through its natural beauty. As a result, the economy of Canada is a major producer in a variety of items exported to the world. This couldn’t be done without its resources that expand throughout the country. Some global economy advantages aided by Canada include its staple exports of tree-related products such as paper and timber from abundant forests. The immense bodies of water adjacent with Canada provide for a prominent commercial fishing industry that catches popular and plentiful fish such as salmon and cod exported to the world. The hydroelectricity produced by its rivers help collect substantial amounts of energy to provide for the world supply. Along with hydroelectricity, Canada’s natural coasts and waterways aid for shipping ports to major
The factors that affect the economic diversity of Halifax include, natural resources, industries, exports, and jobs and employments. Natural resource such as fish are very abundant in the Grand Banks where the Continental Shelf provides ideal conditions and food for marine species. Atlantic salmon, herring and cod are the most abundant. Another resource is fossil fuels such as coal, oil and gas which are used to generate electricity (Andrew, 2004, p.18). Industries depend on these resources. For example, non-fuel-minerals support mining industries and abundance of fish support fishing industries (Halifax, 2015).
As mentioned above we will have to incorporate Canadian traditional and comfort foods in to our menu. We will have to conduct market testing in order to determine which American comfort foods the new Canadian market will purchase and which should be eliminated from our Canadian menu. We are at an advantage already; it has been reported that 88 percent of Canadians have recently eaten seafood. Fish and seafood is also one of the largest food sectors that are exported by Canada. We will be able to use the abundance of that food to our financial advantage. We will be able to see slightly lower raw products cost, since seafood is known to fluctuate wildly throughout the year, as well as being reassured that Canadians will want to eat the food that we are selling in our restaurant. The fact that one of canada’s most valued exports includes: lobster, snow queen crab, farmed Atlantic salmon and shrimp, is a happy bonus to our bottom line. We should be able to buy directly from local fisheries. That will not only give us a more positive image with our new Canadian market, but we will be able to advertise that we use fresh locally sourced
The availability of seafood in Canadian and Argentinean waters is also dependent on the total allowable catch allocated to Clearwater in a given area. Although the totals allowable catch in these areas and Clearwater 's enterprise allocations have been largely stable, fishery regulators have the right to make changes in the total allowable catch based on their assessment of the resource from time to time. Any reduction of total allowable catches in the areas from which Clearwater sources seafood, or the reduction of stocks due to changes in the environment or the health of certain species, may have a material adverse effect on Clearwater 's financial condition and results of operations.
Canada currently has a highly developed economy in which the different regions contribute to it in different ways. However, if the regions were to separate, their economies may be difficult to develop and sustain. For example in Atlantic Canada, their distinct region is located beside the Atlantic Ocean, which makes their economy heavily reliant on the fishery
Canada is also known as world’s 2nd largest country with over 2million lakes which are covering 7% of the land mass.
I believe that fishing in Canada is much better than fishing in the United States. Through personal experience, I have had better luck fishing in Canada than in the United States. Every year, my family and I go on vacation to Senneterre in Quebec, Canada. It is about an eighteen hour drive to go fishing at Parent Lake Lodge. We stay for about two weeks in a small cabin. It’s made of wood and a tile roof. We rent it from a married couple about sixty years old, Lisette and Rolan. It doesn’t cost a lot of money, about two thousand dollars, to stay there two and a half weeks. It is a very small, white, run down cabin overlooking the lake. The view is gorgeous out of a cracked window. You see the deep, blue, glass-like water with the sunset reflection
Examples of by-catches include marine animals such as sea turtles and sharks. Longline fishing has one of the highest by-catch rates of any gear used to fish for tunas and that the average rate is 28%, more than a quarter of the total catch (World Wildlife Fund). There is a possibility for longline fishing to catch more than 80 species of non-target wild marine life per harvest, and many of the creatures are discarded or left for dead (Gulf of Mexico Ocean Conservation
With seafood companies crewing large trawlers with new offshore fishermen, who allegedly took up a majority of cod, catches of the fish for inshore fisherman significantly dropped as limited amounts of cod were able migrate inshore to spawn. Such an effect on inshore fishermen was further exacerbated by the Canadian government’s nonchalant dismissal of the fishermen’s concerns since the government’s investments and interests in offshore fishing.
Canada has got many bodies of water to get their resources from, unlike many other countries. First of all, over seventy percent of Canada’s population lives in the Southern Part of Ontario. This means that they live very close to The Great Lakes which provides a lot of water resources. In addition to that, Canada is surrounded by the Pacific, Atlantic, and the Arctic Oceans and has over 243,000 km of coastline. There are hundreds and thousands of different bodies of water around Canada. According to Statistics Canada, all the lakes and rivers put together cover over twelve percent of Canada’s surface area. The Great Lakes have a volume of 22,684 km3 and cover a surface area of 244,160 km2.
A fishery by definition, is “the occupation, industry, or season of taking fish or other sea animals (shrimp, squid, clams) and selling them for profit” (Webster Dictionary). Atlantic Cod used to be considered as one of the richest fisheries in the world. Atlantic Cod, scientifically known as,Gadus morhua, are heavily bodied, blunt snouted fish that are typically brown or grayish in color with a series of spots located on their bodies along with a pale lateral line. This species of fish have a schooling behavior when feeding but remain isolated when traveling. The Atlantic Cod once densely populated the waters of the Atlantic ocean, from Greenland to North Carolina. Despite the wide range in location, Atlantic Cod are a nonmigratory species
Many breeds of fish are being captured at a faster rate than they can reproduce. Some species such as orange roughy fishing became popular in New Zealand in the 1970’s. Over time, it spread to many countries around the world. In the last 20 years, there has been a decline in catch up to 75%. It is no longer common to see in grocery stores as well as restaurants. The amounts of fish that are captured and distributed around the world are alarming opposed to the rate the fish can multiply.
Much like the Energy sector in Canada, the tuna fishing industry is a massive employer in the Pacific Islands. With a lack of formal jobs in the region, the importance of tuna-related employment drastically increases. The areas of employment that tuna fishing generates includes: direct employment on a fishing vessel, which is extremely labor-intensive, and employment connected to the tuna industry, including indirect spinoff