In 1992, Northern cod populations fell to 1% of historic levels, in large part from decades of overfishing. The Canadian Federal Minister of Fisheries and Oceans, John Crosbie, declared a moratorium o
The Atlantic fishery abruptly collapsed in 1993 after overfishing from the late 1950s and an earlier partial collapse in the 1970s. It is possible to recover to historical, sustainable levels by 2030.