Entrepreneurship & Small Business

Investing in commercial fishery license?

  • Last Updated:
  • Sep 2nd, 2021 10:53 am
[OP]
Deal Addict
Oct 28, 2015
1190 posts
493 upvotes
Nobleton, ON

Investing in commercial fishery license?

I have an Inc. and wonder if anyone knew anything about how to invest in fishery license?

https://www.pac.dfo-mpo.gc.ca/fm-gp/lic ... e-eng.html

for example for above link for BC sea cucumber comm license, do I need to have a registered fishery vessel or I can purchase the license only and later *lease* it to other fishman who has a fishing boat?

Is there any restriction on the type of sea cucumber that the license is restricted to?

Is a crab/lobster license more financially profitable?

Complete newbie and never set my foot in fishery business at all (nope, don't even know how to sport fishing either....)

Thank you
2 replies
Deal Addict
User avatar
Jan 1, 2007
2014 posts
234 upvotes
My cumpare has a prawn and shrimp license and he's making money hand over fist
"I've been tearing money since my first Holy Communion."
[OP]
Deal Addict
Oct 28, 2015
1190 posts
493 upvotes
Nobleton, ON
pupazzo wrote: My cumpare has a prawn and shrimp license and he's making money hand over fist
Does he have a fishing vessel or only owns the license? for me it's not feasible to own a vessel as I am no fishman and don't want the tangling.

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