Large-scale fisheries receive about four times more subsidies than their small-scale counterparts, with up to 60 per cent of those subsidies promoting overfishing.
A recent study by the University of British Columbia found that while small-scale fisheries employ over 22 million people globally and directly support food security, of the estimated global fisheries subsidies of $35 billion (U.S.) in 2009, only 16 per cent was allocated to the small-scale fishing sector. Equivalent numbers for Canada are $1.1 billion (U.S.) and 5.8 per cent, respectively.
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