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Rick Perkins

  • Member of Parliament
  • Member of Parliament
  • Conservative
  • South Shore—St. Margarets
  • Nova Scotia
  • Voting Attendance: 67%
  • Expenses Last Quarter: $136,927.65

  • Government Page
  • Jun/20/23 9:53:55 p.m.
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  • Re: Bill C-42 
Madam Speaker, the leader of the Green Party is bang on. This is why a beneficial registry goes beyond just the money laundering issue. It could be of great benefit to other things. I do not know how one would enforce, as DFO policy, that there cannot be a monopoly or monopolistic tendencies if one does not know which companies own the licences. One does not even know whether or not a particular company has a monopolistic tendency. There is owner-operator fleet separation on the east coast, which has helped. That is good policy. It was enshrined in law. There are still some issues in making sure those companies are what they say they are and who the beneficial owner is. On the west coast, there is no ability to do that. A survey was done by DFO on the licence-holders. As the hon. member noted, most of those licences are actually leased out to employees. The person who is holding a licence does not actually own it. Licences are owned by large corporations. In lots of instances, there are companies from foreign countries, not necessarily all of which are open and democratic, which have acquired control of some of those resources too. They are now acquiring the resources of the fisheries and corporations on the provincial side. It is provincial. They are trying to get a whole of supply chain control of particular fish species. This is a major problem on both coasts, but particularly so in British Columbia. It does not have the benefit of owner-operator fleet separation. It is something fishing groups are asking for. I believe it should be implemented on the west coast as well.
283 words
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