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No net loss of productive capacity (PC) of fish habitat has been the central concept guiding Canadian fish habitat management policy since 1986. The purpose of this paper is to describe the concept of PC, to review the history and application of the fish habitat management policy in Canada, and to provide a critical review of the range of potential approaches to estimating PC. The approaches were grouped by their central focus: habitat, individual, population, and community-ecosystem. A set of case studies is used to illustrate the use of some approaches drawn from freshwater and marine contexts. Ten components to assessing no net loss of PC were developed and used in the review of approaches for evaluating potential limitations. The review also highlighted the likely future direction of method development, with increasing emphasis on dynamic models integrating population responses to habitat supply characteristics. More work needs to be done to turn research-based metrics of PC into practical operational management assessment tools and to better quantify the link between habitat structure and function and fisheries productivity. The evolving approaches to measure PC reinforce the ties that fish habitat management has to the emerging practices in ecosystem-based management. [ABSTRACT FROM AUTHOR]