NL Cod fishery is back!

[blueblood]

That is what ended the British Military siege on Iceland. Like it or not they made the right decision one our own government should have made.

The right decision Iceland made was diversifying its economy so it wouldn't get into a gong show like that again. If Iceland didn't have that base there, the brits would have locked that country down. Interesting to note is that the Brits still got concessions in that fishing arrangement. The brits were still able to go fishing.

[punked]

The right decision Iceland made was diversifying its economy so it wouldn't get into a gong show like that again. If Iceland didn't have that base there, the brits would have locked that country down. Interesting to note is that the Brits still got concessions in that fishing arrangement. The brits were still able to go fishing.

If you call paying Iceland top dollar and low quotas a concession Canada should have been so lucky with those stealing out fish. Yes I am not saying they didn`t diversify their economy I am saying they never lost their cod stocks and fished just as much we did. However they made sure other countries did not steal their fish. Something our government fail at.

[blueblood]

If you call paying Iceland top dollar and low quotas a concession Canada should have been so lucky with those stealing out fish. Yes I am not saying they didn`t diversify their economy I am saying they never lost their cod stocks and fished just as much we did. However they made sure other countries did not steal their fish. Something our government fail at.

Canada doesn't have to care when it comes to fishing as fishing is a dead horse. Saying the newfoundlanders are blameless for the demise of the cod stocks is flat out ridiculous. They had just as big as boats as the Europeans and did their share.

If England wanted iceland's fish bad enough they would have just went and took them end of story.

[punked]

Canada doesn't have to care when it comes to fishing as fishing is a dead horse. Saying the newfoundlanders are blameless for the demise of the cod stocks is flat out ridiculous. They had just as big as boats as the Europeans and did their share.

If England wanted iceland's fish bad enough they would have just went and took them end of story.

But they didn't.

For anyone interested in the history of Cod and how it built North America I suggest this book. Great read.

http://www.amazon.com/Cod-Biography-Fish-C...d/dp/0140275010

Edited October 5, 2009 by punked

[blueblood]

But they didn't.

For anyone interested in the history of Cod and how it built North America I suggest this book. Great read.

http://www.amazon.com/Cod-Biography-Fish-C...d/dp/0140275010

The Nato base was more important than some fish.

[punked]

The Nato base was more important than some fish.

In the long run that wasn't even close to true.

[blueblood]

In the long run that wasn't even close to true.

At that time it was worth it. The use of that base was worth more than the couple of million dollars the brits got from fishing off of iceland.

Settling disputes like that isn't a way to preserve your countries economy, it is a way of keeping that country poor. Thankfully the people of Iceland realized that and diversified their economy. They realized that being poor fishermen is not the way to go.

[punked]

At that time it was worth it. The use of that base was worth more than the couple of million dollars the brits got from fishing off of iceland.

Settling disputes like that isn't a way to preserve your countries economy, it is a way of keeping that country poor. Thankfully the people of Iceland realized that and diversified their economy. They realized that being poor fishermen is not the way to go.

Accept they got rich off that fish. They would have had never had an economy with out that fish. You seem to forget that. It was Billions for the Brits and in the end that base ment nothing.

[blueblood]

Accept they got rich off that fish. They would have had never had an economy with out that fish. You seem to forget that. It was Billions for the Brits and in the end that base ment nothing.

They did not get rich off that fish, they got rich from very competitive tax rates and foreign investment (massive). Had they stuck with fishing they would be on par with Newfoundland before the oil boom, which would have been a disaster.

Iceland only exports a billion dollars of fish, so it couldn't have been for billions of dollars. It didn't matter if that base meant nothing, the brits got the usefullness out of it they wanted even if it was only for 10 years.

The fishing industry is peanuts, the brits realized this and let the Icelanders have their little joke industry (even though the brits still were allowed to fish), heck even the icelanders realized that and diversified their economy, heck they did such a good job of diversifying their economy they were one of the richest people in the world.

[Mr.Canada]

At that time it was worth it. The use of that base was worth more than the couple of million dollars the brits got from fishing off of iceland.

Settling disputes like that isn't a way to preserve your countries economy, it is a way of keeping that country poor. Thankfully the people of Iceland realized that and diversified their economy. They realized that being poor fishermen is not the way to go.

It's hard working people and families that build nations and make it possible for bureaucrats to have jobs. It's hard working families that are responsible for a booming economy. How do you expect to have an economy with the hard working people on the ground building it up and sustaining it?

Without the "poor fishermen" working for weeks at a time on the boats there wouldn't be as great a base to build upon as Iceland currently enjoys.

[punked]

They did not get rich off that fish, they got rich from very competitive tax rates and foreign investment (massive). Had they stuck with fishing they would be on par with Newfoundland before the oil boom, which would have been a disaster.

Iceland only exports a billion dollars of fish, so it couldn't have been for billions of dollars. It didn't matter if that base meant nothing, the brits got the usefullness out of it they wanted even if it was only for 10 years.

The fishing industry is peanuts, the brits realized this and let the Icelanders have their little joke industry (even though the brits still were allowed to fish), heck even the icelanders realized that and diversified their economy, heck they did such a good job of diversifying their economy they were one of the richest people in the world.

It is like you ignore that the new world got rich on the back of fishing. It was a huge part of dragging Iceland out of the dark ages, it paid for instructor it give them means to become truly independent you claims are just false. Yah fishing is a smaller part of Iceland now but the fact is it made their country there was a reason they were willing to go to war with a superpower over it.

Lets put it this way from the time Iceland made fishing its main industry until 1960 its GDP grew as fast as when they diversified their economy to make other things important. However it was fishing that gave them the money to do those things.

Edited October 5, 2009 by punked

[Sir Bandelot]

how absurd...the fishery is closed down in 1992 to save the cod and Harper gets credit for it??? he never formed a government until 2006....why don't you give him credit for inventing medicare and saving Canada in WW2 as well...

Haven't you heard? These are conservative cod. "Neo Cods"

Edited October 5, 2009 by Sir Bandelot

[Mr.Canada]

Haven't you heard? These are conservative cod. "Neo Cods"

Another Tory Brian Mulroney shut it down and paid the price. Now that Tory PM Harper has restarted it he should also pay the price. A Tory majority government for saving the cod fishery. Pm Harper is doing a great job. He's a real leader. We're better off with Harper by a long shot.

[blueblood]

Another Tory Brian Mulroney shut it down and paid the price. Now that Tory PM Harper has restarted it he should also pay the price. A Tory majority government for saving the cod fishery. Pm Harper is doing a great job. He's a real leader. We're better off with Harper by a long shot.

Oh stop the madness!!!

The Canadian Cod fishery is a joke. Yah those newfoundlanders are sure gonna be living high on the hog with that 440 dollars per capita by opening up the cod fishery.

I am not a Liberal fan, but I try and look at things objectively, I think that helps in building credibility. A post like that is just crazy. Its posts like that which hurt the Tory's credibility. Please stop the craziness. We already know that your not taken seriously, don't ruin it for the rest of us...

[Mr.Canada]

Blueblood, if you think that people are running multi million dollar boats to catch Cod that will only net them $440 I think you are seriously misinformed.

The Spanish are steaming across the Atlantic fishing Cod for $440?

Is this your position?

[blueblood]

Blueblood, if you think that people are running multi million dollar boats to catch Cod that will only net them $440 I think you are seriously misinformed.

The Spanish are steaming across the Atlantic fishing Cod for $440?

Is this your position?

your article said that there is a limit of a total catch of 4000 tonnes of cod caught every year. That works out to

4 million killograms. The guy in the article said that cod was going for 50 cents a pound. Given that there are 2.2 pounds in a kiliogram that works out to 4.4 million dollars to be doled out for the whole cod industry. WOW!!! Given that there are 40,000 jobs lost, we can assume that 10 grand can easily be employed with modern tech and all. Works out to 440 dollars a head. Nowhere did your article say that there was a 4000 tonne of cod per capita.

Bad Idea.

There are not enough fish/returns to justify multi million dollar boats in the grand banks.

Your making it sound like the fishery was saved. It obviously is not.

[Mr.Canada]

your article said that there is a limit of a total catch of 4000 tonnes of cod caught every year. That works out to

4 million killograms. The guy in the article said that cod was going for 50 cents a pound. Given that there are 2.2 pounds in a kiliogram that works out to 4.4 million dollars to be doled out for the whole cod industry. WOW!!! Given that there are 40,000 jobs lost, we can assume that 10 grand can easily be employed with modern tech and all. Works out to 440 dollars a head. Nowhere did your article say that there was a 4000 tonne of cod per capita.

Bad Idea.

There are not enough fish/returns to justify multi million dollar boats in the grand banks.

Your making it sound like the fishery was saved. It obviously is not.

A normal fishing vessel is 60-75 feet long which alone costs a lot more than 1 million dollars, then you have crew and supplies after that.

Who said that there will be 40,00 jobs returned right away?

The industry is just returning and obviously hiring 40,000 people right away wouldn't work.

The Cod industry is going to go from employing zero people to employing at least a couple thousand. I look at this as a good thing. Job creation is a good thing especially in the Maritimes. I don't think anyone could find many Newfoundlanders complaining about this.

Edited October 5, 2009 by Mr.Canada

[madmax]

And a great amount of bread as well, from what I hear. Multitudes were fed.

-k

[Sir Bandelot]

Unfortunately for NL the Cod are not recovering well and any serious fishing will only result in another collapse. Man just can't leave nature alone long enough for it to heal, and thenmanage it responsibly for the future.

In a sense, the re-opening of this industry is bad for NL... like given heroin to drug addicts who've gone "clean' for a long while.

[blueblood]

A normal fishing vessel is 60-75 feet long which alone costs a lot more than 1 million dollars, then you have crew and supplies after that.

Who said that there will be 40,00 jobs returned right away?

The industry is just returning and obviously hiring 40,000 people right away wouldn't work.

The Cod industry is going to go from employing zero people to employing at least a couple thousand. I look at this as a good thing. Job creation is a good thing especially in the Maritimes. I don't think anyone could find many Newfoundlanders complaining about this.

You are proving my point. There is only 4-5 million dollars of fish out there tops. If a vessel costs a lot more than 1 million dollars, why is the fishery saved.

I'll go by "Most Dangerous Catch" stats if we're assuming these fishermen are using state of the art boats. Those boats get about a million or more dollars a season. So that means there would only be 4-5 boats going out from newfoundland to fish for cod every year. Hardly an industry. And it would be the lucky 4 or 5.

Then the boat captains have to pay wages and fuel. When its all said and done, that boat isn't making too too much money. For the amount of cod caught and for how volatile the season is, its not even worth it to go out and buy a cod boat.

Obviously you have never had any experience in the economics of machinery management.

[eyeball]

Impossible. The socialists have pretty much neutered us by brainwashing us that we must be nice to everyone and everyone from far away lands are better than ourselves. The left wingers have taught us long ago that patriotism is wrong and something that is Un-Canadian and should be reserved for hockey only. With socialists breeding it into our kids that patriotism is evil how do you expect us to be able to protect ourselves in a fistfight let alone our fishing waters. We're a society of wimps, the same thing will happen to us in the Arctic, every nation will rape Canada while the left wing is to concerned about what Europe will think of us if defend ourselves.

Meanwhile out here on the left coast...Ottawa under Harper's watch, has agreed it will accept $30 million from the US to pretty much completely shut down our salmon fishery off the coast of Vancouver Island for the next ten years. This is so American fishermen can keep fishing.

I have no idea what Ottawa will do with the $30 million...perhaps it'll be used to top up east coast EI weeks or something.

[madmax]

Meanwhile out here on the left coast...Ottawa under Harper's watch, has agreed it will accept $30 million from the US to pretty much completely shut down our salmon fishery off the coast of Vancouver Island for the next ten years. This is so American fishermen can keep fishing.

I like Harper. Always willing to put the US economy first. Besides, I don't like Salmon.

[Guest Gregory Thompson]

It just took 16 years for it to happen. I guess all you had to do was wait. Maybe this time the area will not be over-fished like before. The people in Newfoundland need to understand that since the cod fishery way of life is not a good way to sustain them, they need to find other things to do and eventually one day there will be more fish; even more than now. All I want to say is that it's good that they came back, but don't think it's a good idea to return to that way of life. There's a lot less fish than people know; that is how I feel.

[punked]

It just took 16 years for it to happen. I guess all you had to do was wait. Maybe this time the area will not be over-fished like before. The people in Newfoundland need to understand that since the cod fishery way of life is not a good way to sustain them, they need to find other things to do and eventually one day there will be more fish; even more than now. All I want to say is that it's good that they came back, but don't think it's a good idea to return to that way of life. There's a lot less fish than people know; that is how I feel.

Considering it wasn't the people of Newfoundland but large Corporations based outside Newfoundland that bought up all the quotas maybe you can Blame the Feds like they should be blamed.

[Guest TrueMetis]

It just took 16 years for it to happen. I guess all you had to do was wait. Maybe this time the area will not be over-fished like before. The people in Newfoundland need to understand that since the cod fishery way of life is not a good way to sustain them, they need to find other things to do and eventually one day there will be more fish; even more than now. All I want to say is that it's good that they came back, but don't think it's a good idea to return to that way of life. There's a lot less fish than people know; that is how I feel.

It was not the people of NL it was large foriegn fishing trawlers. If we were to get rid of foriegn trawlers I'm sure that there would be a dramatic increase in the fish population (although we might not notice because it's very hard to gauge fish population numbers).

Edited October 5, 2009 by TrueMetis