Seafood producers in Atlantic Canada are enjoying an extended period of high prices driven by the low Canadian dollar, problems at salmon farms in Europe and Chile, and an increasing demand from consumers in Asia.
"I say the demand is only going to increase," said Andrew Lively, marketing director at Cooke Aquaculture Inc.
"The median income is going up in Asia — 35 million people move into the middle class every year. They are looking for and are able to pay for higher-priced seafood items."
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