Yes. If we don't learn from the past, we may be at risk of being doomed to repeat it. We don't see the likelihood of a repeat of the incredible negative impacts of the collapse of the cod, because there's no single fishery of that size and importance anymore in Canada, but if you look at all of the fisheries together, they're still extremely important, as I mentioned in my opening remarks. We can learn from that unfortunate story that came to a head back in 1992.
It's quite striking that now, in 2024, we still don't have a recovery. That's why I concluded my opening remarks by talking about the fact that it's much better to maintain healthy stocks than to allow them to deplete and then hope to recover them, because it may take decades if it's at all possible. We can learn from those mistakes in the past.
If we just go back seven years to the last time our Office of the Auditor General looked at this issue, it is troubling that some of the same problems continue. We just heard from Mr. Williams about inconsistencies. That was something we pointed out in previous work in this area. From my last product, we also had the introduction of the fisheries monitoring policy, which was promised in 2017. It came in 2019. However, as you see from exhibit 9.2, no fish, not even one species of the 156, have gone through the six steps of the policy.
We would like to see an acceleration of the efforts to learn from the mistakes of the past and to implement not only our recommendations from this past November but also our recommendations from 2016.