The Department of Fisheries and Oceans Canada has reported that the value of snow crab landings in Newfoundland and Labrador for the 2011 fishing season surpassed $250 million, the highest recorded landed value for snow crab in the province since 2004. This represents an increase of 61 per cent over the last season. “It is tremendous to see the snow crab fishery in Newfoundland and Labrador so successful this year,” said Keith Ashfield, Minister of Fisheries and Oceans. Approximately 95 per cent of the entire quota for the 2011 snow crab fishery was landed.

Source: FIS Canada