FFAW Says Price Setting Review is Step in Right Direction

The FFAW says the government’s review of the fish price setting process is a step in the right direction.

The review identified several recommendations including a market-based price formula.

“Formula-driven, market-based pricing is what this industry needs for long term sustainability and stability, and we’re certainly pleased to see that same sentiment reflected throughout this report,” says Greg Pretty, FFAW-Unifor President. “The report is clear that the current pricing system is flawed, and harvesters are at a disadvantage when it comes to the negotiations process,” Pretty says.

In the coming days, the FFAW's Executive Board and Inshore Council will review the report in detail.