Table 2 
Net farm income by province 

Net farm income by province
  Canada Newfoundland and Labrador Prince Edward Island Nova Scotia New Brunswick Quebec
  millions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollars
2017r            
+ Total farm cash receipts including payments 62,195 139 506 565 614 8,782
- Total operating expenses after rebates 47,549 123 398 517 486 6,817
= Net cash income 14,646 16 108 48 128 1,965
+ Income-in-kind 56 0 0 1 1 13
- Depreciation 7,603 10 50 70 59 964
= Realized net income 7,099 6 59 -21 70 1,013
+ Value of inventory change 1,101 1 -12 3 7 125
= Total net income 8,200 7 47 -19 77 1,139
2018p            
+ Total farm cash receipts including payments 62,238 139 496 564 695 8,887
- Total operating expenses after rebates 50,624 128 419 543 562 7,339
= Net cash income 11,614 11 77 20 133 1,547
+ Income-in-kind 56 0 0 1 1 13
- Depreciation 7,772 10 51 71 59 981
= Realized net income 3,898 1 26 -49 75 579
+ Value of inventory change -865 -0 -6 3 -13 -73
= Total net income 3,033 0 20 -46 61 507
  Canada Ontario Manitoba Saskatchewan Alberta British Columbia
  millions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollars
2017r            
+ Total farm cash receipts including payments 62,195 13,382 6,688 14,133 14,134 3,253
- Total operating expenses after rebates 47,549 10,999 4,892 9,853 10,609 2,854
= Net cash income 14,646 2,383 1,796 4,279 3,525 399
+ Income-in-kind 56 12 5 7 12 5
- Depreciation 7,603 1,642 733 1,783 1,861 433
= Realized net income 7,099 753 1,068 2,504 1,676 -29
+ Value of inventory change 1,101 370 124 111 335 36
= Total net income 8,200 1,124 1,192 2,614 2,011 8
2018p            
+ Total farm cash receipts including payments 62,238 13,879 6,612 13,947 13,571 3,449
- Total operating expenses after rebates 50,624 11,947 5,149 10,338 11,148 3,050
= Net cash income 11,614 1,932 1,463 3,609 2,423 399
+ Income-in-kind 56 12 5 7 12 5
- Depreciation 7,772 1,671 752 1,830 1,899 447
= Realized net income 3,898 272 715 1,787 535 -42
+ Value of inventory change -865 -93 -161 -269 -285 31
= Total net income 3,033 179 554 1,518 251 -11
r
revised
p
preliminary
Note(s):
Figures may not add up to totals because of rounding.
Source(s):
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