The Newfoundland cod stocks. What has happened to cod fishing off the Grand Banks of Newfoundland?

Several centuries ago, John Cabot, sailing under the English flag, found the richest fishing area the world would come to know. Cod stocks in the Grand Banks region off the coast of Newfoundland were so bountiful and endless that the wheels starting to turn. England saw the potential wealth that cod fishing could bring their country.

Cod fish, once caught, could be dried and salted and sailed back to Europe. Cod was light and easily transported and furthermore, less expensive that other meats such as beef, pork, or lamb. At that point in time, the wealth that cod could bring to the European market was thought to surpass that of South American gold or Caribbean sugar.

The English fisherman saw large cod fish, sturgeon and salmon and very much plentiful. Huge oysters, herring, and squid were also found in endless amounts.

Today, sorry to say, that Newfoundland