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Canadian lobster, crab harvesters form coop to acquire bankrupt processor

No less than 52 lobster and crab harvesters have expressed interest in joining the Cooperative of Fishermen of the Madeleine Islands as part of a plan to buy LA Renaissance

By Undercurrent News | Feb. 28, 2023 18:19 GMT
Canadian lobster. Credit: LA Renaissance des Iles' Facebook page
A Canadian lobster. Credit: LA Renaissance des Iles' Facebook page.
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A group of fishermen from Canada's Madeleine Islands that wish to acquire the assets of the bankrupt processor LA Renaissance des Iles are now officially registered as a cooperative, reports CBC's Radio-Canada.  [...]

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