Snow Crab Price Dispute Continues As Rebate Calculation Divides Newfoundland Industry

The end‑of‑season settlement payment for the Newfoundland and Labrador snow crab season was announced yesterday, and harvesters reacted with disappointment.
FFAW‑Unifor, the union representing the province's harvesters, said auditors from Deloitte completed their analysis and set a final rebate of $0.28, yielding a total price of $5.25/lb.
“Based on the available market information, the calculated rebate amount is far below what the Negotiating Committee expected,” FFAW said in a news release. “Today's rebate results are the final straw for fish harvesters who are...
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