Tag Archives: price formula

Crab harvesters’ union calls for price formula set out in past provincial report

With their boats tied up and crab pots still on dry land, fish harvesters and union officials are calling on the Newfoundland and Labrador government to revisit a 2023 report that sets out what they say is a fair way forward for the snow crab fishery. At a news conference in St. John’s on Wednesday, Fish, Food & Allied Workers union president Greg Pretty pointed to a report last year from the province’s fish price-setting strategic review team, chaired by Glenn Blackwood. Pretty says the pricing formula set out in that report, which followed a six-week tie-up last season, would give harvesters a fair market share. Glen Winslow, a St. John’s harvester who was part of the bargaining committee, says the formula set out in Blackwood’s report would have allowed for a larger share for harvesters if the markets had performed better. “The Blackwood formula would have fixed all our problems, but it was thrown out at the last minute.” Video, more, >>click to read<< 18:24