In June 2024, the Canadian government lifted the moratorium on northern cod fishing in Newfoundland and Labrador after 32 years. The decision was controversial because cod numbers had not recovered since they collapsed in the early 1990s.
The collapse of Atlantic cod stocks in Newfoundland and Labrador had a huge impact on the economic and social fabric of the province. The subsequent fishing moratorium in 1992 put nearly 30,000 people in the province out of work.
Several explanations have been put forward for the stalled cod recovery, including environmental conditions, historical overfishing and prey availability.