We are responsible for conducting economic analysis and providing advice to support evidence-based decision making on a wide range of issues concerning Canada's Pacific fisheries and maritime sectors. Economic analysis supports both regulatory and non-regulatory processes in the region, including Integrated Fisheries Management Plans (IFMPs), Species at Risk, Marine Protected Areas, Aquatic Invasive Species, and the Fisheries Act Fish Stock Provisions. Incorporating socioeconomic perspectives in these processes ensures that actions are backed by evidence and made in the best interests of Canadians.
We provide socio-economic overviews and analyses to support the development of Pacific Integrated Fisheries Management Plans (IFMPs). This includes providing the socio-economic context of the fishery and where applicable, specifying socio-economic impacts of proposed changes in the fishery. Socio-economic aspects carry important implications for stock conservation and sustainable use, and are important for fully informing decision makers, managers, industry and the general public about fisheries.