Table 2 
Net farm income by province 

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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
2018r            
+ Total farm cash receipts including payments 62,499 139 513 575 699 8,900
- Total operating expenses after rebates 50,265 128 420 545 550 7,336
= Net cash income 12,233 11 93 31 149 1,565
+ Income-in-kind 57 0 0 1 1 13
- Depreciation 7,847 12 52 73 63 986
= Realized net income 4,443 -1 42 -41 87 592
+ Value of inventory change -671 -0 -15 1 -15 -55
= Total net income 3,772 -1 27 -40 73 537
2019p            
+ Total farm cash receipts including payments 66,052 142 561 605 865 9,652
- Total operating expenses after rebates 53,106 130 445 577 666 7,688
= Net cash income 12,945 12 116 28 199 1,963
+ Income-in-kind 56 0 0 1 1 13
- Depreciation 8,096 14 55 76 72 1,012
= Realized net income 4,905 -2 62 -46 128 965
+ Value of inventory change -1,051 -0 18 -4 -4 -162
= Total net income 3,854 -2 80 -51 124 802
  Canada Ontario Manitoba Saskatchewan Alberta British Columbia
  millions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollars
2018r            
+ Total farm cash receipts including payments 62,499 14,016 6,627 14,048 13,519 3,462
- Total operating expenses after rebates 50,265 11,801 5,159 10,231 11,076 3,022
= Net cash income 12,233 2,215 1,469 3,817 2,443 441
+ Income-in-kind 57 12 5 7 12 5
- Depreciation 7,847 1,709 753 1,830 1,911 459
= Realized net income 4,443 518 721 1,994 544 -13
+ Value of inventory change -671 -75 -84 -223 -243 37
= Total net income 3,772 443 638 1,771 301 24
2019p            
+ Total farm cash receipts including payments 66,052 14,736 6,638 14,088 14,841 3,924
- Total operating expenses after rebates 53,106 12,449 5,329 10,535 11,922 3,365
= Net cash income 12,945 2,287 1,309 3,553 2,919 560
+ Income-in-kind 56 12 5 7 12 5
- Depreciation 8,096 1,783 771 1,876 1,961 477
= Realized net income 4,905 515 542 1,683 969 89
+ Value of inventory change -1,051 -71 -185 -322 -298 -22
= Total net income 3,854 444 358 1,361 671 66
r
revised
p
preliminary
Note(s):
Figures may not add up to totals because of rounding.
Source(s):
Table 32-10-0052-01.
Date modified: