Report | May, 2019
Oceans of Opportunity: The Economic Case for Rebuilding Northern Cod
Oceans of Opportunity: The economic case for rebuilding northern cod highlights that a rebuilt northern cod fishery could provide 16 times more jobs and have a net present value worth up to five times more than today. With low fishing pressure and favourable environmental conditions, the fishery could recover in as few as 11 years, supporting economic activities worth $233 million in today’s dollars.
Based on conclusions from the Economic and Social Benefits of Fisheries Rebuilding study commissioned by Oceana Canada.