NAFO said that scientists are working hard to develop a rebuilding strategy in line with the precautionary approach and international commitments. The 2010 assessment data of Atlantic cod on the southern Grand Banks indicated a significant increase in the number of spawning fish; however, this fragile recovery is completely dependent on reducing excessive bycatch.
In this effort of NAFO Canada took the lead at NAFO by developing a plan to create a robust rebuilding strategy for depleted stocks, including essential elements such as rebuilding targets, timelines, and harvest control rules. A precautionary approach compliant with the rebuilding strategy will also be developed for American plaice, another stock currently under moratorium.
Dr. Bettina Saier, Director Oceans, WWF-Canada, said that they are optimistic about the plan as when it implemented, the plan will yield considerable long-term economic and ecological benefits. She also told that WWF applauds NAFO’s leadership, a positive sign for advancing recovery of domestic cod stocks in Canada’s own waters.