Tag: cod fishery collapse

This article examines how political extremes have become the “new normal” in Newfoundland and Labrador, tracing their roots to fiscal bailout politics, the cod fishery collapse, and decades of boom–bust resource cycles. Economist Xinli Guo shows how soft budget constraints normalize fiscal brinkmanship, while Jessica Hogan’s comprehensive research links memories of the cod collapse, hydro megaproject overruns, mining bankruptcies, and offshore oil volatility to a cultural mindset of “sceptical optimism.” Combined with entrenched patronage politics and weak local institutions, these forces recast consensus as compliance and dissent as disloyalty, leaving communities trapped in cycles of hope and betrayal. The article argues that extremes are not random outbursts but systemic outcomes of Newfoundland’s political economy, and that naming this “unhinged” playbook is the first step toward restoring trust in moderation. Read More...

World Energy GH2 was promoted as Newfoundland’s leap into a clean-energy future, but it follows a well-worn cycle. From the cod collapse to Churchill Falls, Muskrat Falls, and offshore oil, megaprojects have been sold as salvation only to leave behind dependency, debt, and distrust. This article shows how WEGH2 repeated the pattern: weak municipal councils, shaped by soft budget constraints, lacked the power to push back; critics were sidelined as silence was branded “acceptance”; and Crown land was locked up before markets cooled. With the hydrogen boom faltering, communities now face the harm stage — stranded land and fading promises. Breaking this cycle will require stronger governance, transparent land use, and space for dissent, or Newfoundland risks adding hydrogen to its long list of hype-to-harm legacies. Read More...