More than 700 fishermen and fishery employees in Newfoundland are to lose their jobs because trawlers are hauling in too many of the wrong type of fish.

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Fishery Products International explained that its trawlers have been catching too much American plaice when out fishing for yellow flounder. As a result it is to shutter operations at its largest plant in Marystown, after a decade that saw many employees lose work because of poor catches.

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