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The collapse of the northern cod fishery marked a profound change in the ecological, economic and socio-cultural structure of Atlantic Canada. The moratorium in 1992 was the largest industrial closure in Canadian history, [ 23 ] and it was expressed most acutely in Newfoundland, whose continental shelf lay under the region most heavily fished.
Newfoundland, Canada, is a prime example of the collapse of a fishery. Europeans settled and fished in Newfoundland for 500 years, after John Cabot arrived there in 1497. Estimates of the spawning stock of cod are 4.4 million tons at the time of Cabot. In 1992, the fishing industry closed because the cod was at the point of extinction.
Capture of Atlantic Cod 1950–2005. The northwest Atlantic cod has been regarded as heavily overfished throughout its range, resulting in a crash in the fishery in the United States and Canada during the early 1990s. Newfoundland's northern cod fishery can be traced back to the 16th century. "On average, about 300,000 tonnes (330,000 short ...
The Fisheries Department announced Wednesday it would reestablish a commercial cod fishery in the province, with a total allowable catch of 18,000 tons for the 2024 season.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Collapse_of_the_Northern_Cod_Fishery&oldid=490266373"
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Cod fishing on the Newfoundland Banks. Cod fishing in Newfoundland was carried out at a subsistence level for centuries, but large scale fishing began shortly after the European arrival in the North American continent in 1492, with the waters being found to be preternaturally plentiful, and ended after intense overfishing with the collapse of the fisheries in 1992.