Tag Archives: Cheap dollar paying off
Cheap dollar paying off for lobster fishermen in southwestern Nova Scotia
Yarmouth – After being trapped by low shore prices in past years, this is a good season for lobster fishermen in southwestern Nova Scotia. What’s the catch? Many people are attributing the turnaround to the low Canadian dollar. Fishermen were paid around $6 a pound for their catches at the start of the season, compared to prices of $4 and even closer to $3 in recent years. Last week the price had climbed to around $10 a pound – not so great for the consumer, perhaps, but good for the fishermen. Read the story here 09:39
