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Three decades after the federal government imposed a Northern cod moratorium, Ottawa approves its return with small increase – NTV News

June 26, 2024

The federal government has announced the historic return of the commercial Northern cod fishery in Newfoundland and Labrador.

This morning, federal fisheries minister Diane Lebouthillier confirmed the end of the Northern cod moratorium off the north and east coasts of Newfoundland and Labrador. This historic decision re-establishes a commercial Northern cod fishery in NAFO Divisions 2J3KL with a Canadian Total Allowable Catch (TAC) of 18,000 tonnes for the 2024 season.

The inshore fleet sector will receive approximately eighty-four percent of the TAC, with 20 per cent of this inshore sector allocation provided to 2J-based harvesters and six percent of the TAC is allocated to the Canadian offshore fleet.

“Ending the Northern cod moratorium is a historic milestone for Newfoundlanders and Labradorians. It’s through working together that we have reached this moment. We will cautiously but optimistically build back this fishery with the prime beneficiaries being coastal and Indigenous communities throughout Newfoundland and Labrador,” says Lebouthillier. “As a government, we remain steadfast in our commitment to fostering sustainable and economically prosperous fisheries that honour our shared resources for generations to come.”

Read More: https://ntv.ca/three-decades-after-the-federal-government-imposed-a-northern-cod-moratorium-ottawa-approves-its-return-with-small-increase/

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