The President of Icewater Seafoods wants to see a resumption of the northern cod fishery.
Alberto Wareham says DFO science confirms that the stock is in the cautious zone, based on a change to the limit reference point.
Wareham told VOCM Open Line with Paddy Daly that management of stocks in the cautious zone should allow for commercial harvesting of up to 7.5 per cent.
“A lot of the other north Atlantic cod stocks—Iceland, Norway, Russia—manage between 20 and 30 per cent.” He believes 7.5 per cent is still conservative and now is the time “to start building the business back up.”