Fish harvesters are choosing to tie up despite the weekend start of the crab season due to continued concerns over price and getting their “fair share.”
The FFAW says harvesters refuse to fish for any formula that it says undersells their slice of the pie.
Harvesters are asking for a formula based on historical sharing arrangements and the union says if the formula brought forward by the ASP and chosen by the fish price setting panel was in effect between 2016 and 2023, harvesters would have ended up with roughly $450 million less.
The union says harvesters also want to see shares increased as the market grows. The FFAW says historically as the market value of crab increased, the portion going to harvesters increased as well. Under the current system, the formula caps the percentage of market share at 37 percent at market values greater than $8 dollars Canadian. That, says the union, is historically unprecedented.
The union also wants harvesters to have the ability to recoup value with market changes. That means if the market increases after landing, a mechanism must be in place to guarantee harvesters also benefit from the upturn.
The FFAW says it is prepared to engage in what it calls meaningful discussion to find a fair resolution.
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2024-04-09 09:33:00Z
CBMiLWh0dHBzOi8vdm9jbS5jb20vMjAyNC8wNC8wOS9jcmFiLXRpZS11cC0yMDI0L9IBAA
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