Efforts underway for formation of a co-operative to represent enterprise owners

Ryan Cleary, Executive Director of SEA-NL says efforts are underway toward the formation of a co-operative to represent independent inshore enterprise owners in the province.

Incorporation is expected by January.

Cleary says, “The timing and opportunity is now for a fishery co-op with increased processing capacity expected to be announced in the coming days, and more competition for independent owner-operators to free themselves from the company cartel."

The co-op is meant to protect the inshore from foreign and domestic processing companies that directly or indirectly control most enterprises.

Discussions have already been taking place between representatives of the future co-op and new and existing processing companies.