Ressources of Newfoundland: Difference between revisions

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===Recent collapse===
===Recent collapse===
 
[[File:Overexploitation-codfishing-Newfoundland-wikipedia.jpg|thumb|Diagram illustrating the sudden collapse of the Atlantic northwest cod fishery in the 90’s.]]
New technologies paired with modernist belief in infinite growth starting in the 50’s led to the sudden collapse of the Atlantic northwest cod fishery in the 90’s. It had tremendous effects at the socioeconomic scale on people of the Canada’s eastern coast: many lost their jobs, wether in fishery or processing industry. Following the scientific study of this ecological crisis, a moratorium on cod fishing was decided by the government in 1993. Since then, mixed evaluation of the stocks recovery got the cod quotas to up and down, but catch is now growing back (>1200M tons/year since 2016).<ref>Species Quotas reports from Newfoundland and Labrador, Government of Canada website. https://www.nfl.dfo-mpo.gc.ca/NL/Species-Quota-Reports </ref>
New technologies paired with modernist belief in infinite growth starting in the 50’s led to the sudden collapse of the Atlantic northwest cod fishery in the 90’s. It had tremendous effects at the socioeconomic scale on people of the Canada’s eastern coast: many lost their jobs, wether in fishery or processing industry. Following the scientific study of this ecological crisis, a moratorium on cod fishing was decided by the government in 1993. Since then, mixed evaluation of the stocks recovery got the cod quotas to up and down, but catch is now growing back (>1200M tons/year since 2016).<ref>Species Quotas reports from Newfoundland and Labrador, Government of Canada website. https://www.nfl.dfo-mpo.gc.ca/NL/Species-Quota-Reports </ref>