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What is the economic value of the harvesting of seals?

April 26, 2017Economic harvesting seals value

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What is the economic value of the harvesting of seals?

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The harvesting of seals is a significant source of income for over 6,000 individuals and their families in remote coastal communities in Newfoundland and Labrador, at a time of year when employment opportunities are extremely limited. In 2006 the harvest generated approximately $30 million in landed value and contributed approximately $55 million to the provincial economy. Sealers have stated that their income from Sealing Industry can represent from 25-35% of their total income.