DFO minister Shea sees P.E.I.'s lobster industry "on the right track"
SEAFOODNEWS.COM [Journal Pioneer] By Eric McCarthy - December 22, 2014 -
TIGNISH -- Prince Edward Island’s lobster fishery has a bright future, predicts Egmont MP and Minister of Fisheries and Oceans Gail Shea.
She bases her optimism on the way the industry has responded to the 2008-09 recession and slumping lobster prices, seeking out markets around the globe. Fall lobster prices in 2014 were a buck a pound higher that the previous year.
Shea also highlighted enhanced funding for small craft harbours. The additional $288 million, recently announced, she said, “is going to allow us to accelerate a lot of projects that have been waiting for funding.”
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