Connect with us

Canada News

Millions of dollars worth of lobster held in storage, says Cape Breton buyer

Published

on

"Lobster trays were developed to meet longer-term holding requirements faced by lobster distributors to balance seasonal harvests with market demands." Photo and caption courtesy of Aquabiota.com

Lobster trays for storage. Photo courtesy of Aquabiota.com

SYDNEY, NOVA SCOTIA — Lobster is a hard sell these days in Cape Breton.

Jimmy Kennedy of Louisbourg Seafoods says he’s sitting on about $1.7 million worth of lobster because of a glut in the market.

He says ports from Bay St. Lawrence to Gabarus are holding crustaceans they can’t sell in live storage, and he’s now running out of space.

Kennedy has been in the business of buying lobster since 1983 and says he’s never seen anything quite like this.

He says the problem isn’t the price of lobster, but the record catches in southwest Nova Scotia this season.

Kennedy says he hopes things turn around shortly, maybe by Father’s Day on June 15.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle1 week ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle2 weeks ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle2 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle2 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver3 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver4 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver4 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver5 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver5 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...

Maria in Vancouver6 months ago

7 Creative Ways to Propose!

Sometime in April 2022, my significant other gave me a heads up: he will be proposing to me on May...