Impact of The Collapse On Newfoundland
The moratorium in 1992 marked the largest industrial closure in Canadian history. In Newfoundland over 35,000 fishers and plant workers from over 400 coastal communities became unemployed. In response to dire warnings of social and economic consequences, the federal government intervened, initially providing income assistance through the Northern Cod Adjustment and Recovery Program, and later through the Atlantic Groundfish Strategy, which included money specifically for the retraining of those workers displaced by the closing of the fishery. Newfoundland has since experienced a dramatic environmental, industrial, economic, and social restructuring, including considerable outmigration, but also increased economic diversification, an increased emphasis on education, and the emergence of a thriving invertebrates fishing industry (as the predatory groundfish population declined, snow crab and northern shrimp proliferated, providing the basis for a new industry that is roughly equivalent in economic value as the cod fishery it replaced).
Read more about this topic: Collapse Of The Northern Cod Fishery
Famous quotes containing the words impact of the, impact of, impact and/or collapse:
“The question confronting the Church today is not any longer whether the man in the street can grasp a religious message, but how to employ the communications media so as to let him have the full impact of the Gospel message.”
—Pope John Paul II (b. 1920)
“Conquest is the missionary of valour, and the hard impact of military virtues beats meanness out of the world.”
—Walter Bagehot (1826–1877)
“As in political revolutions, so in paradigm choice—there is no standard higher than the assent of the relevant community. To discover how scientific revolutions are effected, we shall therefore have to examine not only the impact of nature and of logic, but also the techniques of persuasive argumentation effective within the quite special groups that constitute the community of scientists.”
—Thomas S. Kuhn (b. 1922)
“The world was a huge ball then, the universe a might harmony of ellipses, everything moved mysteriously, incalculable distances through the ether.
We used to feel the awe of the distant stars upon us. All that led to was the eighty-eight naval guns, ersatz, and the night air-raids over cities. A magnificent spectacle.
After the collapse of the socialist dream, I came to America.”
—John Dos Passos (1896–1970)