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The Big Story

The rise, fall and (maybe) rise again of the Newfoundland cod fisheries

Jul 15, 2024
Award-winning investigative journalist Jenn Thornhill Verma discusses the impact of the 1992 cod moratorium in Newfoundland, the recent reopening of the northern cod fishery, concerns about sustainability, and the economic implications for the province. The decision to lift the ban and its potential effects on indigenous communities and the fishing industry are also explored, highlighting the challenges and opportunities for the future of Newfoundland's fisheries.
22:41

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Quick takeaways

  • The 1992 cod moratorium in Newfoundland caused a collapse in the cod fishery, affecting the economy.
  • Reopening a small commercial northern cod fishery raised concerns about the sustainability of the cod population.

Deep dives

The Impact of the 1992 Cod Moratorium on Newfoundland's Economy

The 1992 cod moratorium in Newfoundland resulted in the collapse of the cod fishery, leading to significant economic repercussions. The closure of the fishery had a profound effect on Newfoundland's economy, causing a decline in fishers, fishing boats, and processing plants. This shift from groundfish to shellfish, like lobster, snow crab, and shrimp, marked a significant change in the region's fishing industry.

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