Thursday, January 23, 2014

Lobster Industry Future To Be Discussed

Maritime fisheries ministers will meet in March to discuss the future of the lobster industry. The meeting will focus on recommendations made by an independent panel the provinces created to combat slumping lobster prices. Among other things, it called for a levy on each pound of lobster caught to pay for a marketing campaign aimed at boosting the fishery's profile. The panel estimated the levy would raise about $2.5 million a year. The meeting in March is being organized by the Lobster Council of Canada and will also include representatives from Newfoundland and Labrador and Quebec.