The following objectives, stated below in order of priority, should guide Atlantic fisheries policy: 1)The Atlantic fishing industry should be economically viable on an ongoing basis, where to be viable implies an ability to survive downturns with only a normal business failure rate and without government assistance. 2)Employment in the Atlantic fishing industry should be maximized subject to the constraints that those employed receive a reasonable income as a result of fishery-related activities, including fishery-related income transfer payments. 3)Fish within the 200-mile Canadian zone should be harvested and processed by Canadians in firms owned by Canadians wherever this is consistant with Objectives 1 and 2 and with Canada's international treaty obligations.