Tag Archives: Victoria Co-operative Fisheries

Atlantic Canada snow crab fishery hopes for another banner year

But concern over high fuel prices, fear of U.S. recession dampens hopes for one Nova Scotia processor. The snow crab fishery in Atlantic Canada is gearing up in hopes of another banner season in 2022, buoyed by expectations of more quota, high prices and less competition from rival nations. But will rising inflation, especially in the United States, and uncertainty over the war in Ukraine dampen the spectacular returns in 2021 when the fishery was valued at nearly a billion dollars? >click to read< 10:04

Bernadette Jordan says harvesters have requested delays, and resists calls to shut down lobster fishery

The federal fisheries minister is resisting calls to close the Atlantic Canadian lobster fishery down completely this year in response to COVID-19. The pandemic shut down the market for luxury food on cruise ships and in restaurants, leading to the collapse of sales in Asian markets and leaving a glut of inventory that has increased with the lobster fishery ongoing in southwestern Nova Scotia.,, “There have been a handful of delays that have been asked for, but at this point the plan still is to open all fisheries.” >click to read< 15:18