96 percent of the snow crab landed here is shipped to U.S markets, FFAW and ASP express concerns over tariffs

    Monday, 3 February 2025 12:29

    By Tonya Organ

    FFAW President Dwan Street discussions have been underway with government about support but says the fishery will be the most heavily impacted in NL affected by these tariffs.

    The Fish Food and Allied Workers Union and the Association of Seafood Producers held a news conference this morning to talk about the effect of US Tariffs on the fishery. FFAW President Dwan Street discussions have been underway with government about support but says the fishery will be the most heavily impacted in NL affected by these tariffs. She last year, 96 percent of the crab fished here was sent to the U.S. There are upwards of 15,000 fish plant jobs affected.

    ASP President Jeff Loder says crab is stored in cold storage when it gets to the U.S. and processors have to pay duty until it is bought by larger entities. He says the risk equation of trying to determine the proper price, how to account for tariffs, how crab is sold, the importer would assume some of the tariff, but because of the way it is sold, we are the importer.

    Loder and Street have called for a meeting this week with both the provincial and federal governments to determine what support will be available. The snow crab fishery is due to start next month.

     

    To report an error, submit a news tip, or provide feedback, please e-mail news@bayfm.ca or call (709) 637-0183.

    More from Local News

    • New Corner Brook hospital

      Opposition leader Tony Wakeham is wondering why, after ten years, there is no commitment or timeline regarding the opening of the cancer unit at the new hospital in Corner Brook.

    • Greater Corner Brook Board of Trade

      Although President Trump has paused the tariffs, the Greater Corner Brook Board of Trade is concerned about this tough economic time that lies ahead. President Ray Brake says the board is there to support business members

    • The Royal Newfoundland Constabulary (RNC) is now recruiting candidates

      Post-secondary requirements have also been removed from application qualifications for those with other life experiences.

    • Roundtable discussions

      The first chartered meeting of the Fisheries seafood Roundtable yesterday morning was directly focused on U.S imposed tariffs. Byrne says the meeting went very well, given the tensions related to consequences of the tariffs.

    • Atlas Salt Inc

      Atlas Salt Inc. in St.George’s is getting a financial boost from ACOA. Minister Gudie Hutchings made the announcement yesterday.

     

     

     

    BayFM recognizes support from the following agencies:

                        

    Today's Weather

    • Corner Brook

      Heavy snow

      High: -6°C | Low: -15°C

    Recently Played

    Podcasts

    • The Plain Truth

      The Plain Truth, February 5, 2025

      Febuary in this province is considered Violence Prevention Month. This week's guest is Allison Caines, Violence Prevention Coordinator with the Corner Brook Status of Women's Council.

    • BayFM On-Demand

      Freeze Brain Experimental Music & Art Festival is back

      This year's event will take place at Retro on West Street

    • Sunday Night Geek

      Sunday Night Geek, February 2, 2025

      Sunday Night Geek, February 2, 2025