Tag Archives: Redfish boom

Redfish return sparks Atlantic race to cash in on reopening of commercial fishery

The centre of attention is a large section of the gulf known as Unit 1, stretching from the western coast of Newfoundland across to Quebec’s Gaspé Peninsula and down toward the northern tip of Cape Breton. A federal Fisheries Department moratorium on commercial fishing of redfish was imposed in the area in 1995 and has remained in place ever since. But from 2011 to 2013, research showed that three robust redfish cohorts had propelled growth in the overall stock. “There’s probably more redfish in the Gulf of St. Lawrence now than we’ve ever seen in our recorded history,” >click to read< 07:19

Energy conglomerate spent $14.5M to bury subsea cables as result of unexpected redfish population boom!

It’s a fish story no one saw coming, at least not Halifax-based energy conglomerate Emera. The parent company of Nova Scotia Power disclosed this week to the Utility and Review Board that it spent almost $14,492,000 this summer to bury its Maritime Link cables lying on the floor of the Cabot Strait between Newfoundland and Cape Breton. The cables were protected because an unprecedented explosion in the redfish population in the Gulf of St Lawrence is about to trigger a corresponding boom in bottom trawling in the area. >click to read< 10:09