‘Our lobsters are gold plated now:’ Atlantic Canada lobster exports, prices soar
“Our lobsters are gold-plated now. Prices have been the highest in commercial history,” says Stewart Lamont, managing director of Tangier Lobster Co. Ltd, a live lobster exporter on Nova Scotia’s eastern shore. When the pandemic hit, export and restaurant industry demand plummeted. The shore price of lobster, the amount fishers get at the wharf from buyers, sunk as low as $4 a pound. “There was an initial glut of lobsters on the market at the start of the lockdown but then it spun back the other way,” says Colin Sproul, president of the Bay of Fundy Inshore Fishermen’s Association. >click to read< 16:47
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