What was the main purpose of the Halibut Treaty signed in 1923?

The main purpose of the Halibut Treaty, signed in 1923, was to negotiate fishing rights, specifically concerning the harvesting of halibut, a significant fish species in the waters of the North Pacific. This treaty was notable as it marked one of the first international agreements that Canada negotiated independently without British involvement, highlighting Canada's growing autonomy in foreign policy matters. The agreement aimed to manage and conserve halibut stocks to ensure sustainable fishing practices, balancing economic interests with environmental conservation. The treaty represented a significant step forward in the management of fishery resources and showcased the importance of bilateral agreements in international relations at that time.