Oceana Highlights Long Term Benefits of Rebuilt Northern Cod Fishery as DFO Readies Quota Announcement
Oceana has released a new economic study that says a rebuilt Northern Cod fishery, ie one where the stock has reached the reference limit, could support 16 times as many jobs, and 5 times the overall value of the cod fishery today in Newfoundland.
Their study says that the fishery could recover within 11 years, and grow in value from today's $36 million to $233 million.
“There is tremendous potential to rebuild northern cod to healthy levels...
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