Recreational Fishery Loan Program $6.7 million, program concluded
The Recreational Fishery Loan Program concluded in May, 1999. 144
loans were approved and $6.7 million invested. These funds leveraged an
additional $3.1 million in investments. More than 800 jobs were created or
maintained as a result. Projects included eco-tourism initiatives, charter
boat upgrades, whale watching operations, marketing and
upgrades to properties.

Vessel Tie-Up $9.1 million, program concluded

In 1998, the vessel tie-up program made one-time
payments of $9.1 million to 1,266 salmon vessel owners,
roughly 38% of the salmon fleet at that time. Commercial
salmon license fees were suspended for 1998, and
payments for pre-season costs incurred were made to
vessel owners who chose not to

fish in 1998.

Rebuilding the Resource
$100 million over five years

$100M provided for habitat restoration, salmon enhancement and
habitat/watershed stewardship initiatives.

The main elements of the Resource Rebuilding program are to:

@ Foster community-based watershed stewardship by hiring individuals
such as stewardship coordinators and habitat auxiliaries to assist
community groups, industry, local governments and volunteers to
effectively protect habitat;

@ Repair damaged fish habitat and rebuild weak salmon stocks by
extending the Habitat Restoration and Salmon Enhancement Program
(HRSEP) to 2002;

@ Establish a long-term funding mechanism for community habitat
restoration and watershed stewardship;

@ Rebuild threatened salmon stocks, such as coho, through strategic stock
enhancement.

Habitat Restoration and Salmon Enhancement Program (HRSEP):
$7.6 million in 99/00 — $17.6 million to date

HRSEP provided $7.6 million in 1999/00 for more than 100 community
projects aiming to conserve salmon and their habitat in B.C. and the

Yukon. A further $6.7 million has been committed for 2000/01. Many of
the projects are designed to improve weak coho salmon stocks. Among

the recipients of the funding are community, fishing and First Nations
groups that are working in partnership with Fisheries and Oceans Canada.

Some of these projects are:

@ North Coast streams (Prince Rupert): $137,000 — The North Coast
Fisheries Renewal Council is completing a third year of training for
displaced fishery workers from seven North Coast communities to map
the physical characteristics of streams and document abundance of the
juvenile and adult coho salmon. The group will work with Fisheries and
Oceans Canada to develop mapping procedures.