An age-structured population dynamics model, incorporating interactions between Atlantic cod (Gadus morhua), the fishery, and the grey seal (Halichoerus grypus) population, was applied to the cod stock off eastern Nova Scotia (Northwest Atlantic Fisheries Organization Divisions 4Vs and 4W, commonly abbreviated to 4VsW), a stock that has dramatically declined since the late 1980s. Mortality was modeled as having three components: fishing mortality (F), seal predation (Mp), and all other sources of natural mortality (M). Specifically, Mwas assumed to be distinct for immature cod (ages 1-4; Mi) and mature cod (age 5 and older; Mm), and respective annual variations were estimated. Parameters estimated also included recruitment (cod abundance at age 1; R), F, and Mp. Based on our estimates of F, Mp, and M, it is unlikely that the collapse of the 4VsW cod stock can be attributed to a sudden increase inM; fishing appears to have been the primary cause for the stock's decline. However, after the moratorium on commercial fishing in 1993, increasing Mp and Mm and low R may have contributed to the failure of the 4VsW cod stock to recover. [ABSTRACT FROM AUTHOR]