Nova Scotia’s lobster sector is feeling the pinch from Chinese tariffs this year, but officials say exporters are starting to crack other international markets.
The Lobster Council of Canada says new data shows exports outside the U.S. and China, the sector’s two biggest markets, increased about 43 per cent in October.
Get breaking National news
That’s helping to cushion the blow from the 25 per cent tariff China has placed on Canada’s lobster exports.
Some exporters say sales to China are off about 40 per cent this year.
- Guilty plea in connection with Kelowna teen’s death
- Transit troubles a key issue for Winnipeg voters as civic election looms
- ‘This little bit of perfection’: Canadian astronaut Joshua Kutryk on seeing Earth from space
- ‘Catastrophic’ brake failure led to Columbia Icefield rollover that killed 3 people
Prime Minister Mark Carney is scheduled to travel to China later this month for trade meetings with the country’s president.
Chinese tariffs on lobster and canola, along with Canada’s tariffs on Chinese-made electric vehicles are all expected to be on the agenda.
Comments
Want to discuss? Please read our Commenting Policy first.