After more than 30 years, the federal government has announced it’s lifting the moratorium that shut down commercial cod fishing in Newfoundland and Labrador in the 1990s.
The end of the moratorium includes a 46 per cent increase in total allowable catch from 13,000 tonnes in 2023 to 18,000 tonnes. Just before the collapse in the late 1980s, the total allowable catch was about 240,000 tonnes.
Additionally, international offshore fisheries were allocated a quota of 1,000 tonnes, accounting for about five per cent of the total allowable catch.
