Today, only a few years after the collapse of the Atlantic cod stocks, the evidence that the Pacific salmon fishery is facing a similar crisis is overwhelming. Conservation and the fleet's economic viability are now at stake. The federal government's solution is to implement yet another program of fleet reduction and license restriction in an effort to reduce the total number of fish caught by Pacific fishermen. There is no evidence, however, that this plan will solve the long-term problems plaguing the industry. If the Pacific salmon is not to suffer the fate of the Atlantic cod, an alternative to the government's solution must be found.