Nova Scotia lobster fishery braces for a downturn as inflation hits

November 10, 2022 Canada

Fishermen are seeing the downside of a cyclical industry at a time when inflation has sent their input costs skyrocketing. Geordy Bennett, a lobster boat captain in Riverport on Nova Scotia’s south shore, said he just spent $2,900 to fill his boat, Ava Brianne, with diesel at $2.03 per litre. “And it will probably be more next time,” Bennett said. Interest rates and the cost of bait and traps are also up. “It’s phenomenal. It’s doubled and we haven’t left the wharf,” Bennett said on a blustery day preparing traps for the upcoming season. >click to read< 18:10

braces for a downturn, Brad Murphy, Diesel fuel, fisherman Chad Parks, fisherman Geordy Bennett, inflation hits lobster industry, input costs skyrocketing, lobster fishery, Lobster Fishing Areas 33 and 34, Nova Scotia

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The New England groundfish debacle (Part III): who or what is at fault? Nils E. Stolpe/FishNet

It took me a while to decide how to most accurately describe the situation that has been visited upon the New England fishing communities that are and since colonial times have been dependent on the groundfish fisheries.

NILS STOLPE: The New England groundfish debacle (Part IV): Is cutting back harvest really the answer?

While it’s a fact that’s hardly ever acknowledged, the assumption in fisheries management is that if the population of a stock of fish isn’t at some arbitrary level, it’s because of too much fishing. Hence the term “overfished.” Hence the mandated knee jerk reaction of the fisheries managers to not enough fish; cut back on fishing. What of other factors? They don’t count. It’s all about fishing, because fishing is all that the managers can control; it’s their Maslow’s Hammer. When it comes to the oceans it seems as if it’s about all that the industry connected mega-foundations that support the anti-fishing ENGOs with hundreds of millions of dollars a year in “donations” are interested in controlling. Read the article here

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