Seafood-Pricing System is Flawed and a New One Needs to be in Place by End of January, Says Report
A new report from the Newfoundland and Labrador government says the current seafood price-setting process is flawed, and it outlines the need for a formula-based system that would improve the industry for harvesters and plant owners.
The report was sparked by a tie-up in the spring that delayed the start of the snow crab fishery. Prices were set at just $2.20 per pound at the start of the season, and the Fish, Food & Allied Workers union...
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