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Canada reports dockside value loss of CAD 30m for Magdalen Islands fisheries

Lobster continues to be the most valuable fishery for the islands' economy, making up about 75% of the value of landings in 2022, and 87% of the value this year

By Undercurrent News | Dec. 15, 2023 16:53 GMT
North American lobster.
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Fish harvesters on the Magdalen Islands, in the Canadian province of Quebec, saw a CAD 30 million ($22.4m)  drop in the value of their landings in 2023, mainly due to decreased dock prices for snow crab. [...]

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