Barb Dean-Simmons

A lobster co-op has withdrawn its injunction, but an appeal is still pending with a state board and town planners are pondering a permit request

OTTAWA, Ontario, Canada — Undercurrent News is reporting live from the Fisheries Council of Canada (FCC) annual general meeting, Oct. 7-8, in the nation’s capital city.

‘Buyers are purchasing only what they need and have little reason to speculate or accumulate inventory while prices are declining’ — US crab market analyst Les Hodges

A New Brunswick-based property management group that assumed Seafood 2000’s debt has set the minimum bid in the sales process through a stalking horse agreement

‘For Canada’s fisheries and seafood sectors, the Chinese market is not only an important market of today, but a long-term choice of the future’ — Wang DI, China’s ambassador to Canada

In a working paper submitted ahead of the NAFO meeting, Canada and France warned that recent harvests by member countries in the regulatory area had exceeded the level of fishing recommended by scientists, raising serious conservation concerns

Under Nova Scotia’s new rules, the minimum fine for buying or processing illegally caught shellfish is CAD 25,000 ($18,260) for a first offense and CAD 50,000 for a subsequent offense. The maximum fines are CAD 1.0m and CAD 2.0m respectively

A New Brunswick court has now given Island Fisherman’s Cooperative Association until mid-January 2027 to find a merger partner or investor

‘Their net profit just isn’t enough to make up the difference for the bait and the fuel costs’ — Sheila Dassatt, executive director of the Downeast Lobstermen’s Association

Harvesters from Canada’s Bay of Fundy to Nova Scotia’s southeastern shore face falling prices, weak demand and rising fuel costs ahead of key winter seasons