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Business

2 years ago

FFAW says harvesters won’t fish after price-setting panel decision

Fish harvesters say they are unable to fish at the price chosen by the province’s price-setting panel, the FFAW said in a statement Tuesday evening. The announcement sets the stage for a repeat of last year’s standoff in the crab fishery. “The Union held a call this afternoon with over 40 crab committee chairs from […]

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2 years ago

ECHL terminates Newfoundland Growlers for failing to fulfill obligations

The Newfoundland Growlers have ceased operations with just weeks left in the regular season. The ECHL announced on Tuesday that the league’s board of governors has voted to terminate the Membership of the Newfoundland Growlers, effective immediately, for failure to fulfill its obligations under the ECHL Bylaws. “We are saddened to lose ECHL hockey in the […]

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2 years ago

Crab harvesters will lose millions after price decision, FFAW says

The FFAW says harvesters will lose almost $30 million after the Price-Setting Panel sided with the Association of Seafood Producers on crab prices last night. NTV’s Bailey Howard has the story.

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2 years ago

Price-setting panel sides with processors on snow crab pricing formula, FFAW says

The province’s price-setting panel has sided with the processors for this year’s snow crab price formula, the FFAW announced Monday evening. The Association of Seafood Producers’ formula caps harvester share at 37 per cent once the market reaches $8.02 Canadian, contrary to historic pricing that increases the harvester share as market prices increase, the FFAW […]

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