In Canada, the Crown has maintained ownership of important natural resources while allocating rights to exploit those resources to the private sector. Satisfying public demands for parks and wilderness areas, settling Aboriginal land claims and addressing resource depletion have led to the...

Between 1996 and 2001 the Government of Canada implemented a multi-million dollar program to restructure and revitalize the British Columbia wild salmon fishery in order to avoid an economic and ecological collapse. This paper provides a brief history of BC salmon fishery policy with emphasis on...

This article applies cost-benefit analysis to the Canadian Pacific commercial salmon fishery. It demonstrates that government policies to preserve the fishery have resulted in higher net social costs than would have resulted from a "do nothing" policy, notwithstanding the rent dissipation...