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Analysis

Newfoundland processors agree to buy lobster, end price-related holdout

'The move is a positive signal for harvesters who have remained steadfast in their determination to stand up for a fair market share of their fisheries' -- Fish Food and Allied Workers

By Jason Huffman | May 1, 2023 19:38 BST
Lobster traps stacked up in Petty Harbor, Newfoundland and Labrador. Photograph by Jason Huffman.
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Multiple seafood processors in Newfoundland and Labrador (NL) have now agreed to end their holdout and buy lobster at the rates established by the Canadian province's Standing Fish Price Setting Panel [...]

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