The Newfoundland Fishery and Economy Twenty Years after the Northern Cod Moratorium

摘要

On July 2, 1992, Newfoundlanders received a terrible shock. The federal Minister of Fisheries and Oceans, Newfoundland's own John C. Crosbie, banned the commercial directed fishing of the northern cod stock, historically one of the great fisheries ofthe world. According to the initial estimates, which proved conservative, 9,000 fishermen and 10,000 plant workers would be displaced and eligible for emergency assistance payments of $225 per week.