Yeah there was another big round of lay offs in Newfoundland...... Fortune and Harbour Breton I think.
Quote:
Fish processing magnate Bill Barry says he wants to buy most of Fishery Products International's assets in order to save local communities and a way of life in rural Newfoundland.
"Somebody's got to do it," Barry said Thursday, as FPI confirmed that it has opened what it called "preliminary discussions" with the Barry Group of Companies to sell some of its plants and trawlers.
Bill Barry said he is interested in FPI's plants because he fears rural communities may soon collapse. (CBC)
FPI offered little comment on the talks, but Barry said he wants a "made in Newfoundland" approach to not only save FPI, but the dozens of communities where it employs fishermen and plant workers.
"If we stay in limbo the next two or three years, this will be the end of the fishery in Newfoundland as we know it," Barry told CBC News.
"If we lose the rural communities in Newfoundland one at a time – or a dozen at a time – we're going to lose this whole fishing industry," he said.
"We'll have no fishermen and no plant workers, and ultimately, 10 or 12 years down the road, or 15 years down the road, the industry will disintegrate."
FPI currently has about 2,500 direct employees, less than 30 per cent of its peak employment in the late 1980s. However, its economic reach remains substantial, as thousands of fishermen in scores of outports rely on FPI to buy their catch.
link
I worked for him, he's not a bad fellow imo....doesn't like unions much.
