Written by Jen Finn
December 19, 2012
A glut of lobsters has driven down the price of the prized crustacean in the Maritimes, leaving fishermen scrambling for ways to prop up their earnings.
The lobster industry — worth about $580 million in the region — has been battered in recent years, with prices dropping by a third within the last three years.
Prices are hovering around $3 per pound, down from $4.50 per pound in 2009, according to the Lobster Council of Canada.
Read the full story at Chronicle Herald>>
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