Rising Canadian Dollar and Inventory Concerning For N.S. Lobster Fishermen
Above photo: The Lower Woods Harbour wharf is piled high with lobster traps as fishermen prepared for dumping day last fall. A rising Canadian dollar, low shore prices where commercial fishing seasons are currently open, and ample inventory for processors as well as the live market are adding up to an uncertainty for the opening marketing conditions for the LFA 33 and 34 lobster fishery. Photo by Kathy Johnson
Uncertainty would probably be the best way to describe any forecast for the ...
Stronger Canadian Dollar Creating Issues For Lobster Industry
The strengthening Canadian dollar is pressuring the lobster industry.
In Nova Scotia, the season is currently closed. This means that dealers are selling off live inventory purchased at higher prices.
With the Canadian dollar dropping from $1.35 to $1.25 in late July, this is the equivalent of a seven per cent drop in money returned back to Canada, squeezing margins.
This caused the Canadian Lobster Council to warn that the country’s lobster processors were under pressure.
In New ...
Traffic, Sun Blindness and Now Eclipse Dump 305,000 Farmed Atlantic Salmon
A Cooke Aquaculture open-net pen holding 305,000 farmed salmon recently imploded near Cypress Island, near Seattle, Washington, releasing all these diseased fish into Pacific waters.
High tides from the solar eclipse played a role in this catastrophe.
Over here on the east coast, a similar disaster will very likely also happen. If tides can cause a metal reinforced open net pen site to collapse, what will the sea ice and icebergs that frequent Placentia Bay do to the even less rigorously ...
Commercial Capelin Fishery Must Stop
On August 5, 2017, Derek Butler, Association of Seafood Producers had a letter published defending the commercial capelin fishery.
He said “this year’s capelin fishery is underway and all reports there is abundant capelin being found and capelin landed to date have been smaller, and the current management of the fishery is based on precaution.”
Go back in time to 1990, fishermen were saying cod were getting smaller and scarcer and managers were saying the fishery is based on science ...
More Questions Than Answers
The problem with aspects of our fishery has more to do with what we don’t know.
What we do know is that both the crab and shrimp populations in some areas are in serious decline and salmon returns this past year on Newfoundland’s east coast were the worst on record. As well, the seal population on Canada’s east coast numbers some eight million in total, no doubt the highest on record and that there are a whole lot of anomalies and changes taking place in the water column.
We also ...
On the Waterfront – October 2017
Marine Institute Receives Funding for Eelgrass Restoration
Dominic LeBlanc, Minister of Fisheries, Oceans and the Canadian Coast Guard recently announced that the Fisheries and Marine Institute of Memorial University of Newfoundland and Labrador will receive $4.7 million over five years for a project to help restore eelgrass ecosystems in Placentia Bay, Newfoundland.
The Marine Institute is the first group in Newfoundland and Labrador to receive project funding through the fund.
Successful 2017 Yarmouth Shark Scramble
After a brief hiatus, the 2017 Yarmouth Shark Scramble was labeled an overwhelming success by all involved.
A total of 40 blue sharks and two mako sharks were caught by the more than 20 fishing crews. The landed fish were dissected on shore by DFO scientists as part of their shark research efforts. As well, approximately 70 sharks were tagged and released for further study.
313-pound blue shark caught by Ian McNicol on board the vessel Classy Lady.