Nova Scotia Fisheries Minister Keith Colwell says it’s still too early to say how long the disruption will last.Andrew Vaughan/The Canadian Press
Nova Scotia’s fisheries minister is describing a sudden downturn in lobster exports to China because of the new coronavirus as a “temporary blip.”
Keith Colwell says it’s still too early to say how long the disruption will last, so the province is talking to people in the industry about temporary contingency plans.
Chinese authorities have not banned imports from Nova Scotia, however markets have dried up this week because of the country’s internal efforts to halt the spread of the new virus.
In the meantime, Colwell says the Nova Scotia lobster industry is better positioned to ride out the market loss because of work that has been done to target other markets in Asia and Europe.
He also notes the timing isn’t bad since many Nova Scotia lobster fishermen curtail their work during February and March because of bad and unpredictable weather.
Still, Colwell says it’s never a good time when the province stops shipping any of its export products.
Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening. Sign up today.