Share this article Share this article VANCOUVER, BC, June 8, 2021 /CNW/ - Pacific salmon have social and cultural significance for many Canadians and they are economically vital to many local communities. These iconic species are experiencing drastic population declines due to a combination of climate, habitat and harvesting pressures. Bold, transformative action is needed now to stabilize, protect and rebuild West Coast salmon stocks for the ecosystems and communities that depend on them, before it is too late. Today, the Minister of Fisheries, Oceans and the Canadian Coast Guard, the Honourable Bernadette Jordan, announced the guiding principles of the federal government's $647.1 million Pacific Salmon Strategy Initiative (PSSI) announced in Budget 2021, and a full commitment to work in partnership with local organizations and groups in its development and delivery. The strategy will represent the largest-ever Government investment in efforts to save Pacific salmon, and aims to stop the declines now while helping rebuild populations over the longer term.