Cautious Optimism for Lobster Industry
It might seem like a tale out of time to many, but long gone are the days when the lowly lobster was used as fertilizer on vegetable gardens across Atlantic Canada.
Lobster easily remains Canada’s most valuable seafood export and an iconic Canadian species, despite its scientific name homarus americanus, exported around the world. The lobster industry is a billion-dollar business.
There are 45 lobster fisheries throughout the Atlantic provinces and Quebec, including one for the offshore ...
Cod Management Conundrum
There were very clear lessons to be learned from the Newfoundland and Labrador groundfish moratorium of the early 1990s, as well as the overfishing of cod in the North Sea during the same period.
For Atlantic cod stocks to be sustainable in the future, sensible management and harvesting practices must take place in order to avoid the need for drastic measures, such as the infamous 1992 moratorium. At the time, it seemed Newfoundland and Labrador’s harsh reality would be the only example ...
Should We Heed Iron Erna’s vision?
For more than a decade, Newfoundland and Labrador has been Atlantic Canada’s shining light in terms of economic growth and prosperity.
The provincial coffers have benefited greatly from the millions of dollars pouring in from offshore oil royalties. Times were good as offshore oil production increased on the Grand Banks and the price of crude often topped out in excess of $100/barrel (U.S.). The royalty agreements Newfoundland and Labrador had in place with the big oil producers were ...
Atlantic Canadian Seafood by the Numbers
The seafood caught and produced in Atlantic Canada is worth in excess of $2.2 billion annually and continue to grow.
According to the most recent statistics (2013) from the federal Department of Fisheries and Oceans (DFO), the landed value of all seafood produced in the four Atlantic Provinces totals an impressive $2,258,151,000. This number is quite staggering when you think about at. Few industries in this region produce products that contribute this much to the economy and gross domestic ...
The Times They Are a Changin’?
Any number of words can and have been used to describe the fishing industry in Atlantic Canada — including some highly ‘descriptive’ terms that are not exactly suitable for print.
However, one descriptor that seemed to appear on the lips of many when looking back at the year that was is the time-tested, French-borrowed phrase déjà vu.
Deja vu is the phenomenon of having the strong sensation that an event or experience currently being experienced has been experienced in the past ...