SLIDE 4 Fog
e of
the olde
rural settle lements in n Nort North Ame Americ ica steeped in n ri rich tr tradit itio ion pass passed do down wn fr from
eneratio ion to
eneratio ion, built built on
the the cod
fishery as as was as mo most coa
l com
itie ies in n Ne Newfoundla land. Th The e Fog
Co-op
e of
the olde
fishery ry Co Co-op’s on the Planet. We have been in business since 1967 and in 2017 we will cele elebrate a a major milestone… 50 years in business. This hasn’t come easy. The reason we are still active in todays fishery is because of th the str tron
will of
the peop people le of
who refuted Go Governments de decis ision to
- re-settle Newfoundland communities in the 50’s and 60’s. They stayed, form
- rmed a
a fi fishery ry co-op
and built built the their ir own wn futu future, lear earnin ing thr through ad adversit ity and and har hardship
Throu
t al all the they lear earned no not t to
give up.
They lear earned to
endure, ad adapt and and evol
Co Combin ined app approxim imately ly 550 fi fishers and and pl plant work
and 11 communit itie ies on
depend on
the Co Co-op
A A bo boar ard of
directors oversee the the affair airs of
the Co Co-op
which cur currently ha have 500 me members We are a multi specie fishing company. We have three fish plants… A Groundfish plant in Joe Batt’s Arm that operated for 10 weeks in 2015 employing 60 people processing Turbot and Cod. A A Cr Crab Plant in n Fog
that op
erated for
eeks in n 2015 em emplo loyin ing 140 work
proc
ing g Cr Crab, Cap Capeli lin, Her Herrin ing and and Sea Sea Cuc Cucumbe ber A A Sh Shrim rimp pl plant in n Sel Seldom th that op
erated 19 weeks in n 2015 em emplo loyin ing g 90 peo people le on
two
hifts pr proc
ing Sh Shrim rimp. 30 lar arge fi fishi hing en enterpris ises 65 foo
and app approxim imately ly 75 sma mall ll bo boat fi fishers sup upply ly raw w ma materia ial l to
the Co Co-op
We e al also
buy fr from
fishers of
f the the isla land. In n 2015 ou
r pl plant pa payrol
l was as 5 Mil Milli lion an and fi fisher pa payrolls ls tot
led $27 Mil Milli lion
We e Pai aid Mu Munic icip ipal l Taxes - $300,000, Provin incia ial l an and Fed ederal l taxes – $200,000 We e ded deducted 4 Mil Milli lion
n Taxes fr from
fishers and and pl plant wor