Analysis of Commercial Fishing License, Quota, and Vessel Values 2023-2024

Title: Analysis of Commercial Fishing License, Quota, and Vessel Values 2023 -2024. For approximately 22 years, on an annual bases (with a few exceptions), the Indigenous Programs Division at Fisheries and Oceans Canada has undertaken, by contract, a license, quota, and vessel valuation study to determine valuations for commercial fishing licenses, quota and vessels, operating in the Pacific commercial fishery. In addition the most recent reports have contained information on the economic outlook for each license type and details that provide context to the valuations. Information gathered in this series of studies is used for a wide variety of purposes, including: ? Informing license retirement and reallocation programs as they arise ? Gauging and tracking the economic health of the fishing industry ? Developing policies around license redistribution and First Nation participation ? Estimating the impacts of policy decisions on the Pacific Fishery ? Estimation of potential treaty impacts on the commercial fishery Part of the value of the study is also derived from the continuation of the time series so that changes in values can be viewed in relation to changes in the fishery in general. Continuity in methodology is therefore important. The Contractor must complete the work from contract award to March 31, 2025. Option to extend the contract up to two (2) additional one (1) year option(s) periods.