09/20/2026
DFO reviewing inshore fishing licence rules
Fisheries and Oceans Canada is reviewing the rules governing inshore fishing licences across Atlantic Canada and Quebec, with a focus on licence ownership, third-party control, financing arrangements and intergenerational transfers.
The review could have major implications for how independent fishing enterprises are financed, structured and eventually passed on to the next generation.
With the region’s inshore fishery worth more than $3 billion annually, any changes or stronger enforcement could have significant consequences for harvesters, lenders, processors and coastal communities.