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Analysis

Canada’s largest lobster fishery gets green light with wharf prices past CAD 10.00/lb

'With extra capacity on the water we expect shore price to adjust downward Sunday or Monday. Nothing [is] cast in stone yet, unfortunately' -- Stewart Lamont, Tangier Lobster

By Jason Huffman | Dec. 1, 2023 13:31 GMT
Lobster traps stacked on a vessel in preparation of setting day in Canada's largest lobster fishery, LFA 34. Photograph courtesy of Coldwater Lobster Association.
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Lobster harvesters are getting more than CAD 10.00 ($7.40) per pound at the wharf this week in Canada's Lobster Fishing Area (LFA) 33 with the much larger adjacent LFA 34 now scheduled to open in just one more day, Undercurrent News has learned. [...]

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