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 per cent 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.
“Our Government recognizes the importance of rebuilding cod stocks for Atlantic Canada and is committed to supporting individuals involved in the fishery. This plan helps to ensure a long-term sustainable fishery for future generations, while promoting economic opportunity,” said Gail Shea, Minister of Fisheries and Oceans.
“This rebuilding plan will improve the management of cod stocks, which will become increasingly important to the provincial fishery in the coming years. The Government of Newfoundland and Labrador was pleased to have contributed to the development of this plan, and will continue to work with partners to strengthen our fisheries, and our economy,” said Vaughn Granter, Minister of Fisheries and Aquaculture.
“The rebuilding strategy for this stock was developed as a result of a collaborative approach taken by industry, science and managers. Our approach was founded on the need to ensure the stock continued to rebuild while continuing to contribute to the well-being of fish harvesters and the coastal communities in which they live,” said Keith Sullivan, President, FFAW-Union (FFAW).
“WWF is proud of the role our Fishery Improvement Project has played in rebuilding this important Atlantic Canadian cod fishery. With the support of government, industry, and local communities, we can contribute to the future success of cod fisheries in Newfoundland,” said David Miller, President and CEO, WWF-Canada.
