Aquaculture for all

Lobster Fishermen Concerned Over Upcoming Season's Prices

Crustaceans Sustainability Economics +5 more

CANADA - With little more than a week before Prince Edward Island's lobster season opens, fishermen are wondering what they will earn for their catch.

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Captain Norman Peters has been fishing lobster out of North Rustico for more than 50 years. He says fishermen have to get at least four-dollars a pound to turn a profit, reports NewsAtlantic.

Last month, fisheries ministers from the Maritimes said they hope to introduce a levy to market the industry by the end of the year.

The levy would see fishermen and the onshore side of the industry each pay one cent per pound of lobster caught to help market their product.

It was proposed last November by a three-member panel that reviewed the lobster industry. It is estimated about C$2.5 million a year could be collected through the levy.

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