Atlantic Canada’s lobster industry stung by low prices and global economic turmoil

News Snapshot:

Open this photo in gallery: The price of live lobsters has dropped to $8 a pound along Nova Scotia’s Atlantic shore, and as low as $6.50 a pound in the Gulf of St. Lawrence and Newfoundland, which has left many fishers fuming.Andrew Vaughan/The Canadian Press Lobster harvesters in Atlantic Canada aren’t thrilled with the prices they’re getting for their catches, but experts say the recent downturn comes as no surprise due to uncertainty looming over the industry. Prices typically dip in May as the spring lobster season swings into high gear and buyers anticipate a boost in supply. But this...