CBC is reporting that the Prince Edward Island cabinet has approved new regulations that will see a one-cent-per-pound lobster levy collected from buyers next spring.
P.E.I. Agriculture and Fisheries Minister Alan McIsaac said this is the final step for the province, since the regulations for a one-cent-per-pound levy for lobster fishermen were passed in the summer.
P.E.I. will be the first province in Atlantic Canada to have the levy, which will be used to help market and promote local lobster.
The New Brunswick lobster industry is working on bringing in similar legislation in 2016, while similar efforts in Nova Scotia stalled earlier this year.