Lobster buyout extension welcomed by fishermen
More licences need to be retired to keep industry sustainable, says Senate committee report
The president of the P.E.I. Fishermen's Association says he welcomes a Senate committee report that recommends a program to buy out lobster fishermen continue past 2014.
The Standing Committee on Fisheries and Oceans released a report Tuesday that stated more lobster licenses need to be retired to keep the lobster industry sustainable.
PEIFA has been calling for the same thing, said Mike McGeoghegan.
"It is an excellent idea, especially considering the circumstances that we are in right now," he said.
"Anytime you take more gear off the water, more fleets off the water, you give the fishermen that are left more access to the grounds and they are more able to bring in more product."
More money needs to be put into the program to ensure more fishermen can opt out of the industry, McGeoghegan said.