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The Eastern Canada offshore sea scallop fishery is an important component of Canadian commercial fishing. Extending from Georges Bank to the Eastern Scotian Shelf and St. Pierre, the wild-capture fishery utilizes New Bedford scallop rake fishing gear.  Established in 1945, the fishery has averaged a catch of 6,645 metric tons annually over the past six years.  By value, sea scallop is the third-ranked seafood species in Nova Scotia and had a worldwide export market in 2005/06 worth CAD$121,510,883.