Snow crab quotas way up for some Cape Bretoners, way down for others
Gulf of St. Lawrence snow crab fishermen are learning who’ll be winners and losers when quotas are divided up for the 2025 season. At a meeting with Fisheries and Oceans Canada (DFO) in Moncton this week, the commercial fishermen in Area 19 (near shore in western Cape Breton) learned they’ll get a 42 per cent quota increase. That’ll offset quota cuts in the past two years that equaled about the same. The much larger Area 12 fishery, which covers the central Gulf of St. Lawrence all the way to New Brunswick, meanwhile, can expect to see an over 20 per cent cut to their quota. Demand for snow crab is high in the United States, where 85 per cent of what’s caught in the southern Gulf goes. Prices were around $4 a pound last year and it was hoped to be higher this season. But U.S. President Donald Trump’s threat of a 25 per cent tariff could hurt everyone’s bottom line. “We’re waiting on Trump, like every industry from forestry to mining,” said MacLean. more, >>CLICK TO READ<< 15:22
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