Sockeye salmon prices to ‘skyrocket,’ report says

VANCOUVER — Sockeye salmon prices are forecasted to "skyrocket" thanks in part to climate change, a new report indicates.

The report, Out of Stock, was commissioned by Vancity Credit Union and authored by University of British Columbia professor Dr. Rashid Sumaila and postdoctoral fellow Vicky Lam.

"Without action, climate change will have massive and mostly irreversible impacts on ocean ecosystems and the fish they provide," Sumaila said.

They found that by 2050 the price of sockeye salmon per pound will have increased by more than 70 per cent of what it sells for today.

Their study found that by 2050 seven of B.C.’s 10 staple species will decline, with sockeye having the "highest potential decrease in catch" at 21 per cent, because of global warming.

According to the report, the province could see a 10 per cent decline in chum salmon and 15 per cent fewer sablefish caught. Moreover, it indicates the net increase in the cost of sockeye, chum, halibut, tuna and sablefish to the B.C. consumer could reach as high as $110 million per year, in 2015 dollars.

Statistics Canada reports that fish retail prices have increased more that 38 per cent over the past five years and that’s not taking into account the impact of climate change.

tom.zytaruk@thenownewspaper.com

Just Posted

Proudly Surrey modifies child-care policy

Slate wants to use school board property for child-care spaces

Surrey school board wants to expand French Immersion program

District had to close program at Cougar Creek Elementary due to low enrolment

VIDEO: Scarecrow festival kicks off in Port Kells

Fourth-annual event will be on until Halloween

Delta to craft whistle-blower policy

The policy is meant to increase public trust and create support for staff in questionable situations

VIDEO: North Delta Studio Stomp back for sixth year

The annual art event has local artists opening their studios to the public this weekend

Lions earn stunning 35-32 OT win over Ticats

Epic comeback lifts B.C. past Hamilton in CFL thriller

Czarnik nets 3 as Flames dump Canucks 5-2

Calgary picks up exhibition win over Vancouver

Ottawa to name new ambassador for women, peace and security, Freeland says

Chrystia Freeland also confirmed Canada would spend about $25 million to fund number of initiatives

‘A little bright spot:’ Ottawa residents rescue dog trapped beneath rubble

Freelance journalist says rescue of a dog trapped under rubble was happy ending amid chaos in Ottawa

B.C. deaf community wants different sign languages on federal accessibility act

Advocates also want Indigenous Sign Language to be recognized on the Indigenous Language Act

Remainder of Vancouver Whitecaps season filled with ‘must-win’ games: coach

With Vancouver currently sitting four points out of a post-season spot, each contest is crucial

VIDEO: B.C.-born firefighter remembered by MP in emotional speech

Family asks first responders to look after one another in wake of suicide, growing concerns of PTSD

Airline has ‘close call’ with drone while en route to B.C. airport

Jazz Aviation reported the drone sighting near Vancouver to the RCMP and Transport Canada

Most Read