Companies Break from ASP to Sign Capelin Pricing Agreement

Several processing companies have agreed to pay above and beyond the minimum price selected by the Standing Fish Price Setting Panel, allowing the important fishery to get underway as early as today.

“This agreement is historic for several reasons,” explains FFAW-Unifor President Greg Pretty. “Harvesters stood strong and demanded that without a fair price for all, no fishery would take place this season. They’ve once again shown the province that their united resolve can and does achieve significant gains,” he says.

The pricing agreement is significant for the province and coastal communities, as harvesters will now be getting a fair price for the fishery and plant workers will receive much needed additional hours and weeks of work, made especially critical this season as a result of the EI system.

Companies signed onto the agreement are Barry Group, Golden Shell Fisheries, Labrador Fishermen's Union Shrimp Company, Bay Roberts Seafood, and Beothic Fish Processors.