The Department of Fisheries and Oceans has decided to increase the annual Atlantic cod quota despite stocks remaining critically low for three decades, a move Oceana Canada is calling “a recipe for disaster.”
A slow and steady approach to rebuilding the northern cod stock could see employment in the crucial fishery skyrocket in just over a decade, according to a new study.
Northern cod stocks off Newfoundland suffered a steep decline over the last year, with Fisheries official finding the species has a lower survival rate and will likely continue to decease in the coming year.