Shrimp production ceases
Eleven shrimp companies in Newfoundland and Labrador have shut their doors, putting 2000 people out of work. This comes one week after shrimp plants stopped buying from fisherman. A spokesperson from the Association of Seafood producers blames the high Canadian dollar and a collapse of the market due to the economic crisis. The layoffs are devastating to rural communities in Newfoundland, and industry officials are saying government support will be crucial for short-term survival and long-term restructuring. Union and Association of Seafood Producers are meeting Thursday to try and find a solution.
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