The families of the five fishermen believed to have perished after their boat overturned off the coast of Nova Scotia in a storm are waiting to hear whether officials will launch a salvage operation on the boat.

The formal search for the five-member crew of the Miss Ally was called off Tuesday night after officials concluded there was little hope any of the men would have survived the rough seas and cold water. RCMP are now handling it as a missing persons case.

Cpl. Scott MacRae said several agencies are looking to see whether a salvage operation of the Miss Ally is safe.

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