Tag Archives: Lynn Albert

A seafood processor from the Îles-de-la-Madeleine in serious financial difficulty

With an estimated debt of between $3.5 million and $4 million to its lobster fishermen, the Madelinan seafood processing company LA Renaissance des Îles (LRDI) has decided to place itself under the protection of the Act respecting the ‘insolvency. This is what the president and CEO and sole shareholder, Lynn Albert, announced to the fishermen who supply her with lobster, during an information meeting held on Friday morning, learned the QMI Agency. LRDI is in default of payment for its dockside purchases from 66 fishermen for the last two weeks of the 2022 fishing season, totaling $3.7 million. Added to this are, among other things, deductions for government rebates and other operating expenses of fishing businesses. >click to read< 07:34

Bearfoot Bistro cutting out the middle man this lobster season

Lynn Albert still remembers when lobster didn’t have quite the same cache as it does today. “I remember when I was in school and very young, (some underprivileged students) would bring lobster in their lunchbox and we would eat bologna,” said Albert, 50, president of La Renaissance des Iles de la Madeleine, a seafood supplier based on the small Quebecois archipelago in the Gulf of St. Lawrence. It’s safe to say lobster has enjoyed a renaissance since those days, and especially the lobster of the Magdalen Islands, known for its high quality and distinct flavour. >click to read<19:26