Canada ends cod moratorium in Newfoundland after over 30 years

Transcript

00:00The decision by Canada to allow some commercial fishing of COD to restart off its northeastern

00:05Atlantic coast after more than 30 years marks a significant development for the region,

00:11particularly for the province of Newfoundland and Labrador. The reinstatement of COD fishing

00:16could bring economic opportunities and hope to the local communities that have been impacted

00:21by the moratorium imposed in 1992. It is important to note that the decision to lift the moratorium

00:27comes with a cautious approach to ensure the sustainability of the fishery. The fishery's

00:32minister's commitment to closely monitor and manage the fishery is crucial to prevent the

00:37over-exploitation of COD stocks and to promote long-term viability.