For a crustacean often considered synonymous with fine dining, the lobster has become cheaper than veal and lamb in some parts of eastern Canada.
Grocery shoppers have likely seen specials on lobsters in recent, especially at Loblaws stores. In certain regions, lobsters are less expensive than cold cuts. Right now at Loblaws, lobster is selling for $9.99 a pound, which is less than the price for veal, sockeye salmon, lamb and specialty varieties of chicken.
McDonald’s has also added lobster to its meaning, selling the crustacean on a roll for $6.29 while its still in season.
The drop in price is attributed to an oversupply this season, which means many more Canadians can afford to chow down on lobster this summer season.