Tag Archives: fear of U.S. recession
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