‘Our lobsters are gold plated now:’ Atlantic Canada lobster exports, prices soar | Globalnews.ca

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‘Our lobsters are gold plated now:’ Atlantic Canada lobster exports, prices soar | Globalnews.ca
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‘Our lobsters are gold plated now:’ Atlantic Canada lobster exports, prices soar

Ottawa announces boost in budget for fisheries – May 14, 2020

“It is challenging for people in Atlantic Canada if they want to buy lobster because we’re exporting so much at high prices,” Irvine says. “It may be tough for local people here to be able to afford it … but our goal is to maximize the economic value.”“We have this concept of the poor fisherman from 50 years ago but fishermen today are earning incomes that are extraordinary,” he says.

But the reality is fishers are also facing crushingly high inflation _ on top of hefty debt many take on to join the lucrative industry, experts say.

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