A fishing license grants permission to a person, including an Aboriginal organization, to harvest certain species of fish or marine plants subject to the conditions attached to the license. This is in no sense a permanent permission; it terminates upon expiry of the license.
The Gulf Region issued its own Licensing policies which are documented in the Commercial Fisheries Licensing Policy for Gulf Region. The policy document has been prepared to provide fishers, corporations, Aboriginal organizations, and other interested Canadians with a clear and consistent statement of the Department of Fisheries and Oceans' policy. This policy respects the registration of commercial fishing enterprises and vessels, and the issuance of fishing licences in the Gulf Fisheries Management Region.
The Licensing Policy is an integral part of a number of federal government initiatives to restructure the commercial fisheries and lay the foundation for a fishery that is environmentally sustainable and economically viable. The objectives of the policy are to reduce capacity, improve the economic viability of participants in commercial fishing operations and prevent future growth of capacity in the commercial fishery.