To place a value, both monetary and societal, on the importance of the lobster fishery in Nova Scotia, particularly, Southwestern, Nova Scotia is difficult to measure in the absence of a comprehensive socio-economic impact assessment. The lobster fishery in Southwest Nova (as it is often referred to) employs thousands of people both on and off the water (not including spin-off jobs) and represents the heart of our coastal communities. The lobster landings in LFA 34 alone account for 40% of the Maritime Region landings and 25% of Canadian landings. Add to the equation, the value of lobster exports to the Canadian economy and one will quickly appreciate that lobster, as a resource, must be protected and managed by employing a sustainable, scientific approach.
Over the past 10 years, Nova Scotia has witnessed an exponential growth in our live lobster exports as more and more countries get a taste of the luxury seafood product that our province has to offer. We take great pride in harvesting the best quality, hardshell lobster, the world has to offer. LFA 34 is considered one of the largest and most lucrative lobster fishing areas in Canada with landings in the last 5 years averaging approximately 50,000,000 mlbs per season – Now that’s a lot of lobster!
In 2015, Nova Scotia’s commercial lobster fishery achieved International accreditation through Marine Stewardship Council (MSC) certification. Lobsters sourced from our fishery are eligible to bear the blue MSC eco-label which demonstrates that our fishery is well-managed and that our lobsters are harvested in a responsible, environmentally sustainable manner. The MSC ‘stamp of approval’ is the world’s leading certification body for sustainably caught seafood and the MSC label has garnered ever-increasing recognition among consumers worldwide, greatly influencing the export market value of our lobsters (live and processed) and other commercial fisheries.
Southwest Atlantic Squid Index: Illex Squid (Illex Argentinus) China
In order to continuously enhance the ability to control squid resources and price influence, and conduct more accurate resource assessment and forecasting, the China Ocean Fisheries Association&n...
Fishing Exports Increased by 10.4% in Q1 Argentina
This increase can be largely explained by the significant increase in squid sales compared to the same period last year, something that could change starting in April due to high competition from the ...