This translation has been automatically generated and has not been verified for accuracy.Dave Mercer spent the early 1990s roaming around Newfoundland and Labrador, trying to get enough hours to qualify for unemployment insurance in an economy levelled by the collapse of the cod fishery.
The floundering oil economy and the cod moratorium are worthy of comparison, said Rob Greenwood, director of the Leslie Harris Centre, a think tank at Memorial University. One of Newfoundland and Labrador’s four oil fields has suspended operations, and plans to develop a fifth are on hold. The refinery in Come By Chance, N.L., which normally employs about 500 workers, is operating with a few dozen staff, according to the province’s oil and gas industry association.
“Communities were basically so depressed,” McConnell, who is based in British Columbia, said in a recent interview. “I remember people just talking about how everyone had to move away and they just felt like, ‘well, what do we do now?”’ Comments on social media about the need to transition off oil, or about rich oil workers who haven’t saved for a rainy day, have only added to her distress, she said.
The cod moratorium is not a cause ! It is a consequence of greed!
When the Stupid People of NL vote for Trudeau they get what they Deserve. NL will be on Welfare Forever
I never met a poor fisherman that didn't drive a 70,000 dollar truck
My heart goes out to the people in despair.
It's simple, you need to diversify. Just diversify and you will be saved. Diversify to what? Not sure yet, the greens think it's solar panels and fans. I have my doubts.
Shameless to the rescue?
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CTVNews - 🏆 1. / 99 Read more »