Good morning! Welcome back to Queen Street Analytics' weekly roundup of regulatory developments, legislative discussions, political announcements and other government-related news concerning fisheries, aquaculture, molluscan shellfish, and marine conservation.

Every Monday, we break down the most important updates in this space in under five minutes.

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Start Date: 2025-04-20
End Date: 2025-04-26

Top Headlines

Main Stories

Low prices and international tariffs weigh on Maritime lobster industry

Export tariffs and declining prices are presenting challenges for Maritime lobster producers. Companies across the region are facing increased pressure as international trade barriers combine with market downturns, affecting both revenues and operational plans. The industry is monitoring the situation as stakeholders seek to navigate shifting export conditions.

Sources: Canadian News Outlet: www.ctvnews.ca

New rules alter lobster boat operations to balance fishery access and whale protections

A revised set of regulations has been introduced to provide lobster boats with greater operational flexibility while maintaining protections for endangered whale populations. The regulatory changes aim to reduce the frequency of fishery closures by offering alternative compliance measures, impacting deployment schedules and fishing practices for lobster harvesters.

Sources: Canadian News Outlet: www.cbc.ca