De Clark/Cortes Currents - In 1949, Newfoundland joined Canada as a new Province. Its fisheries then fell under the authority of the central government in Ottawa — the infamous DFO (Department of Fisheries and Oceans, or as some call it, the Dead Fish Organisation).
DFO’s mismanagement of the Newfoundland fishery — the immensely productive shoal banks of the northern Atlantic seaboard — is now a classic cautionary tale. DFO’s bureaucrats ignored repeated warnings — from marine biologists, environmentalists, and fishermen themselves — and allowed brutal overfishing of Canadian waters.
The high-value fish in those waters were the prolific Atlantic cod, the basis for centuries of both subsistence and prosperity for fishing communities. Larger industrialised boats, more entrants each season, and ruthless exploitation of the stocks ensured that prosperity was short-lived. To be fair, other nations hammered even harder on the cod stocks of the North Atlantic; but Canada could have done something to protect the fish in its territorial waters — and did far too little, far too late.
“In 1968 the cod catch peaked at 810,000 tons, approximately three times more than the maximum yearly catch achieved before the super-trawlers. Around eight million tons of cod were caught between 1647 and 1750 (103 years), encompassing 25 to 40 cod generations. The factory trawlers took the same amount in 15 years. […]
“In 1986, scientists reviewed calculations and data, after which they determined, to conserve cod fishing, the total allowable catch rate had to be cut in half. However, even with these new statistics brought to light, no changes were made in the allotted yearly catch of cod.[12] With only a limited knowledge of cod biology, scientists predicted that the population of the species would rebound from its low point in 1975.
“Many local fishers noticed the drastic decrease of cod and tried to inform local government officials […]
“In the early-1990s, the industry collapsed entirely.”
The Northwest Atlantic cod fishery has never recovered.