Can cod comeback keep a Canadian fishery afloat?

A generation after Canada declared a moratorium on northern cod fishing off the coast of Newfoundland and Labrador, the species is making a comeback. But can the province’s troubled fishery survive to take advantage of cod’s resurgence? The wharf in Petty Harbour is quiet, and Todd Chafe, a 46-year-old fisherman, is slicing up cod for a nearby family restaurant in a shack near the water. “Some fellas like to point fingers: ‘Ah, this done it, foreigners done it’,” he says. Chafe is talking about the collapse of northern cod off the coast of Newfoundland and Labrador 25 years ago. “We all done it, every single person that went fishing done it. Everybody fished for it so everybody had a hand in destroying it.”,,, Now there is a glimmer of hope. Northern cod stock has reached about 25% of the levels seen in the ’80s. But there is a fierce debate over what the return of cod fishing should look like in Newfoundland. click here to read the story 20:22