Challenges and Opportunities

In previous recent columns, I suggested Canada’s capture fishing industry is facing a very serious crisis, due to decreasing landings and a shrinking workforce and we need to be thinking about how to deal with it. The industry in Newfoundland and Labrador is also likely to see a big increase in the cost of electricity, due to the behind-schedule and over-budget Muskrat Falls hydro-electric power development. Faced with this situation, there are four directions we need to pursue, ...