Systematically integrating the efforts of various working groups, using informal governance regimes, can result in ecosystem based management, industry stability and an overall increase in both environmental and economic well being for those involved. An informal yet transparent governance regime featuring effective working groups, open communication, rigorous science, and collaboration amongst scientists, resource managers and industry representative from both Canada and USA has been key to the success of this highly effective relationship. The paper analyzes the challenges faced by resource managers and outlines recent advancements.