Fishermen in Cape Tormentine, Murray Corner and nearby Little Cape upset at loss of lobster buyer

They were at the wharf last year and actually, they drove the price up. We wouldn’t have got as much for our lobsters last year if it weren’t for them coming in. It’s nice to have competition,” Allen says. North Lake Fisheries 2013 Inc. is currently owned by Chinese-backed owners based in California. The company was purchased in 2013 after a former fish processing facility closed in 2012, leaving more than 100 area individuals out of work. Although it’s not known exactly why the company pulled its lobster buyers off the New Brunswick wharves, Allen speculates the recent downturn in world financial markets may have played a part in it all. Read the rest here 10:57

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