Fisheries ministers agree to set up panel in effort to resolve lobster dispute

AMHERST, N.S. - Fisheries ministers from the three Maritime provinces say they will set up a panel in an effort to resolve a lobster pricing dispute between processors and fishermen.

Nova Scotia Fisheries Minister Sterling Belliveau says the ministers have asked their staff to report back in two weeks with the names of people they recommend to be on the panel.

Sterling says the panel will review a number of issues including allegations of price-fixing and efforts to set future prices before fishermen set their traps.

The announcement came after the ministers met today in Amherst.

Fishermen headed back onto the water Tuesday after tying up their boats more than a week ago to draw attention to lobster prices falling to about $4 per pound in Nova Scotia and as low as $3.25 in Prince Edward Island.

Lobster fishermen have said they are seeking prices similar to what they were receiving last year, at around $4.50 to $5 per pound.