Those who work in the seafood processing and shipping industry in Nova Scotia say they were surprised by Clearwater Seafoods' decision to exit the live lobster business.

But they also say it's a sign from a giant that those remaining in the industry need to figure out how to stabilize the economics of it.

"It's a bit of a wake-up call for arguably the leading company to exit lobster, but it will also mean we can individually look at things and tweak many aspects of our business model," said Stewa…