Especially in the eastern provinces of Nova Scotia, Prince Edward Island, and New Brunswick, lobster fishing is a rich industry in Canada. The lobster season lasts from late November to the beginning of May, and during this period, lobster fishermen put in endless effort to collect as much lobster as they can. But how much money do Canadian lobstermen make?
Industry studies indicate that Canadian lobster fishermen make an average annual salary of $50,000 to $80,000. The size of the boat, the fisherman’s location, and the quantity of catch they bring in are just examples of the variables that can affect this. Some lobster fishermen can make more than $100,000 annually.
The cost of selling lobsters can also change based on consumer demand and the caliber of the catch. Lobsters are normally sold in Canada by the pound, and they can cost anywhere from $6 and $15 per pound. At auction, some lobsters of superior quality can bring even higher prices.
Another well-known industry in Canada is tuna fishing, notably in the Atlantic coast. Although the income from tuna fishing can be more erratic than that from lobstering. Some tuna fishermen make upwards of $100,000 year, whereas others may only make a small portion of that.
A important sector in Canada is crab fishing, notably in the Pacific. Crab fishermen might earn anywhere between $30,000 and $60,000 annually, depending on things like the size of the boat and the quantity of capture.
In Australia, particularly in Western Australia, lobster fishing is a sizable industry. The price per pound and the amount of catch are two variables that can affect the income of lobster fishermen in Australia. However, the average annual salary for lobster fishermen in Australia is between $50,000 and $70,000.
In Canada and Australia, lobster fishing can be a successful industry, with fishers earning an average of $50,000 to $80,000 a year. The volume of catch, location, and boat size are all variables that can affect a lobster fisherman’s income. The revenue of fishermen who catch tuna and crab might also differ depending on a number of variables.