Rebuilding the Atlantic cod stock

21 Nov 2014

Canada has announced the development of a rebuilding plan for the southern Newfoundland Atlantic cod stock in NAFO Sub-Division 3Ps.

The rebuilding plan is designed to ensure the long-term sustainability of the stock and maximise economic opportunities for harvesters and processors, and it supported a 15% increase in the total allowable catch for this year’s fishery.

The plan was developed in conjunction with and is supported by the inshore and offshore fishing sectors, the processing industry, the Government of Newfoundland and Labrador and other key stakeholders, including the World Wildlife Fund (WWF).

The plan includes harvest control rules that uses the latest scientific assessment of the stock to calculate the proposed annual total allowable catch for the fishery.

For the current fishing season, which concludes in March 2015, the total allowable catch for Atlantic cod in 3Ps is 13,225 metric tonnes. The 2014-2015 catch limit provided for a 1,725 metric tonnes increase over the previous year.

France (St. Pierre and Miquelon) is allocated 15.6% of the total allowable catch for 3Ps cod in accordance with the 1994 Canada-France Procès-verbal.

“Our Government recognises the importance of rebuilding cod stocks for Atlantic Canada and is committed to supporting individuals involved in the fishery,” said Gail Shea, Minister of Fisheries and Oceans. “This plan helps to ensure a long-term sustainable fishery for future generations, while promoting economic opportunity.”

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