Private equity-backed lobster processors consolidate Canadian operations

The decision is in response to volatile supply and demand factors of the last two lobster fishing seasons.

Lobster processor Raymond O’Neill & Son Fisheries said on its website it has about 220 employees working seasonally.
Lobster processor Raymond O’Neill & Son Fisheries said on its website it has about 220 employees working seasonally.Photo: Raymond O'Neill & Son Fisheries
Published 18 January 2024, 14:32Updated 18 January 2024, 14:32