Studies by independent researchers have concluded that the hunt is not economically viable.
Published in 2001 by the Canadian Institute for Business and the Environment (CIBE), this report analyzes subsidies, expenditures, and incomes associated with Atlantic Canada's sealing industry.
Even with "minimum estimates", the report reveals significant "soft" loans to processing plants that defaulted. The chief finding: high subsidies have failed to create a viable, self-sustaining industry.
Over the years, the Canadian government has subsidized the seal hunt with millions of dollars through various means.
Despite fewer subsidies and active sealers in recent years, some continue to resist the end of this controversial industry.