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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.
The WWF issued a report stating that the global cod catch had dropped by 70% over the last 30 years and that if this trend continued, the world's cod stocks would disappear in 15 years. [ 42 ] Åsmund Bjordal, director of the Norwegian Institute of Marine Research , disputed the WWF's claim, noting the healthy Barents Sea cod population. [ 43 ]
After the publication of his book The Fur Trade in Canada (1930) Innis turned to a study of an earlier staple — the cod fished for centuries off the eastern coasts of North America. Cod on a 1932 Newfoundland postage stamp. The result was The Cod Fisheries: The History of an International Economy, published 10 years after the fur trade study ...
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. Now, shrimp and snow crabs have settled in the waters.
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 tons) of cod was landed annually until ...
ST. JOHN'S, Newfoundland (AP) — The Canadian government has ended the Newfoundland and Labrador cod moratorium, which gutted the Atlantic coast province’s economy and transformed its small ...
Following is a sortable table of the world fisheries' harvest of aquatic plants for 2005. The tonnage from capture and aquaculture is listed by country. Countries whose total harvest was less than 100,000 tons are not included.
In 1992, the cod fishery was shut down by the Canadian government; cod fishing as a way of life came to an end for 19,000 workers after a 500-year history as a main industry. [ 65 ] [ 66 ] Capture of Atlantic cod in million tonnes, with Canadian data presented separately.