The commercial cod fishery, once the backbone of the province’s fishing industry, collapsed and was placed under a moratorium in 1992, throwing thousands out …
The area, once renowned as the world’s most productive fishing grounds, was devastated by years of overfishing and incompetent fisheries management. For more than 500 years the Atlantic cod was the king of the global fish market, helping build empires, spark wars and found Britain's first colonies in North America. By 7.30am all the cod at Peterhead fish market had been sold, snapped up by competing buyers wearing thick fleeces, woolly hats and rubber boots against the chill of … The environmental, social and economic damages are still being paid for today. In 1992, the collapse of the Newfoundland Grand Banks cod fishery in Canada put 40,000 people out of work.
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The area, once renowned as the world’s most productive fishing grounds, was devastated by years of overfishing and incompetent fisheries management. For more than 500 years the Atlantic cod was the king of the global fish market, helping build empires, spark wars and found Britain's first colonies in North America. By 7.30am all the cod at Peterhead fish market had been sold, snapped up by competing buyers wearing thick fleeces, woolly hats and rubber boots against the chill of … The environmental, social and economic damages are still being paid for today. In 1992, the collapse of the Newfoundland Grand Banks cod fishery in Canada put 40,000 people out of work.
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