Tag Archives: 29 years
29 years of northern cod moratorium have cost NL at least $26 billion
In his 1992 book, No Fish and Our Lives, Some Survival Notes for Newfoundland, Cabot Martin wrote that a rebuilt northern cod stock could support annual harvesters of 400,000 tonnes (881 million/lbs).The moratorium remains the biggest layoff in Canadian history, and while there’s a small-scale inshore stewardship fishery, Fisheries and Oceans does not set a total-allowable catch (TAC), and it’s not considered a full-fledged commercial fishery. Where are we today? All three commercial cod stocks adjacent to Newfoundland and Labrador are categorized by DFO scientists as in the critical zone, meaning removals are to be kept to a minimum. >click to read< – 25 Years ago Today – The Northern Cod Moratorium – Sunday, July 2, 
marks a quarter of a century since then federal fisheries minster John Crosbie announced what was planned to be a two-year moratorium on the northern cod fishery. It continues on today, though it has often seemed lost in the wake of a lucrative crab and shrimp fishery that remarkably saved the industry and many communities. But back in 1992, a province settled and built on the back of the mighty cod fishery, >click to read< 11:20
