Atlantic Canada's Lobster Industry Stung By Low Prices and Global Economic Turmoil
Lobster harvesters in Atlantic Canada aren't thrilled with the prices they're getting for their catches, but experts say the recent downturn comes as no surprise due to uncertainty looming over the industry.
Prices typically dip in May as the spring lobster season swings into high gear and buyers anticipate a boost in supply. But this season is different, says Bernie Berry, senior fisheries adviser for the Nova Scotia-based Coldwater Lobster Association.
"The big thing right now is the confusion around tariffs, whether they're on or off..."
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