Illegal fishing, seafood fraud costing Canada millions: study

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April 13, 2021 – Canadians are unwittingly spending up to $160 million a year on seafood caught through illegal, unregulated and unreported (IUU) fishing – including seafood potentially caught by victims of modern slavery states a 2020 report by Oceana Canada. 

The report featuring new data from fisheries economists also states that Canada’s weak seafood supply chain traceability standards are resulting in annual losses of up to $93.8 million in tax revenue and up to $379 million in revenue for Canadian seafood industry workers. SeaWestNews reports. | READ MORE