Newfoundland Cod Collapse: Factory Trawlers Put 30,000 Fishermen Out of Work in 1992

On July 2, 1992, Canada ordered the outright shutdown of North Atlantic cod fishing off Newfoundland, in the Northwest Atlantic Fisheries Organization zones 2J3KL. Within hours, about 30,000 people found themselves without work or income, in what historians still describe today as the most severe case of mass layoff in Canada’s history, affecting roughly 12% ... Read more The post Newfoundland Cod Collapse: Factory Trawlers Put 30,000 Fishermen Out of Work in 1992 appeared first on Space Group.