Geo

• Fishing industry: What happened?

  Had a bright future up till the 1980s
• looked forward to years of regular employment since fish in lakes, oceans, rivers were renewable
• collapsed in the 1990s, fish stocks declined East and shut down in 1992 (cod fishing)
• Few years later, industry was shocked by collapse of salmon on West coast
• Commercial fishing only makes 0.15% of economy
• parts in Atlantic Canada, Pacific coast, some inland have fishing as a foundation for economy
• commercial fishing happens in 3 parts: East, west coast + freshwater inland rivers
• production in east is higher than west and freshwater production is smaller than both
• not top 10 fishing nations, but one of the world's leading exporters of fish (canadians don't eat fish)
• 50% of canada's fish are exported
• fish exports are higher than imports, which balances trade
• • Overfishing
  • Improved Fishing Technology
  • Uncontrolled Foreign Fishing
  • Destructive Fishing Practices
  • Changes in Natural Conditions