Fisheries union president Earle McCurdy started a news conference today by saying, "there has been a disaster in the cod fishery."
Earle McCurdy, president of the Fish, Food and Allied Workers' union, is hoping a pilot project for cod will increase the viability of the cod fishery in the province. — Photo by Keith Gosse/The Telegram
McCurdy, head of the Fish, Food and Allied Workers' union, said the provincial government has opened the door for the possibility of shipping fresh, whole cod out of the province in 2014.
With processed cod at such a low price in the market, it is not economical, whereas whole cod premium market prices make the fishery viable.
He said the union has been pushing for government to make the move because it will allow for higher quality fish exports, and allow cod to become a bigger part of the economic mix in Newfoundland.
McCurdy said that "cod markets are extremely challenging" but a pilot project would allow harvesters to test the market and see if they can make a go of it.