November 22, 2024
Oceana Canada’s 2024 Fishery Audit Reveals Critical Need to Protect and Rebuild Canada’s Ocean Ecosystems #CanadaFinance

Oceana Canada’s 2024 Fishery Audit Reveals Critical Need to Protect and Rebuild Canada’s Ocean Ecosystems #CanadaFinance

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Oceana Canada
Oceana Canada

Five Years After New Legal Requirements to Sustainably Manage and Rebuild Fisheries, Most Wild Fish Populations Remain Unprotected, with Many Still Depleted

VANCOUVER, British Columbia, unceded and traditional homelands of the xʷməθkʷəy̓əm (Musqueam), sḵwx̱wú7mesh (Squamish), and sel̓íl̓witulh (Tsleil Waututh) nations, Nov. 19, 2024 (GLOBE NEWSWIRE) — Oceana Canada’s 2024 Fishery Audit issues a stark warning about the state of Canada’s fisheries. Despite the promise of the modernized Fisheries Actonly 35% of wild fish stocks are considered healthy, 17% are critically depleted, and numerous key species are on the brink of further decline.1 These findings signal an urgent need for the Canadian government to fully enforce its own laws and policies to protect vital fish populations and restore marine biodiversity.

“Canada’s fisheries are at a tipping point,” said Rebecca Schijns, Fishery Scientist, Oceana Canada. “Overfishing and inconsistent, short-sighted management are jeopardizing marine life and coastal livelihoods. The federal government must consistently implement and follow its own policies for science-based decision-making to restore abundant fisheries and the communities that depend on them.”

A Vision for 80% Healthy Fish Stocks
With consistent, targeted efforts, Canada could see up to 80% of fish stocks return to healthy levels within a decade,2 boosting biodiversity and strengthening coastal and Indigenous communities. A fully recovered northern cod fishery, for example, could generate 16 times more jobs and quintuple its current value.

Key Findings from the 2024 Fishery Audit:

  1. Limited legal protections: Five years after amending the Fisheries Act, only 30 of Canada’s nearly 200 fish stocks are protected by rebuilding requirements. A proposed second batch of 65 stocks is now under consideration. At this pace, it would take 16 years to protect all stocks, leaving many critical fish populations unprotected and at risk of further decline.

  2. Poor health and data gaps: One-third of Canada’s marine fish populations are critically or cautiously depleted, and 35% lack adequate data for assessment, resulting in “management in the dark.” Of the 33 stocks in critical condition, only four (12%) have publicly available rebuilding plans. Although rebuilding plans for eight additional stocks were approved by the Fisheries Minister in April and July 2024, none had been made public by the July 1, 2024, cut-off for this Audit, and most remain unpublished as of November.

  3. Climate resilience gaps: Canada’s oceans are warming at a disproportionately high rate, presenting significant challenges for fisheries resilience. Yet over half of Canadian fish stocks lack climate-informed assessments and adaptive management plans. This shortfall leaves Canada’s fisheries doubly vulnerable to climate change and overfishing, posing severe risks to biodiversity and community resilience.

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