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
2019r            
+ Total farm cash receipts including payments 66,635 142 555 609 858 9,674
- Total operating expenses after rebates 53,347 130 437 545 658 7,754
= Net cash income 13,288 12 118 64 200 1,920
+ Income-in-kind 56 0 0 1 1 13
- Depreciation 7,966 14 54 74 70 1,003
= Realized net income 5,378 -1 65 -9 131 930
+ Value of inventory change 115 -0 17 -1 5 -59
= Total net income 5,493 -1 82 -11 136 871
2020p            
+ Total farm cash receipts including payments 72,174 124 606 601 863 10,345
- Total operating expenses after rebates 54,032 131 476 570 702 8,010
= Net cash income 18,142 -7 130 31 161 2,335
+ Income-in-kind 56 0 0 1 1 13
- Depreciation 8,289 15 57 78 79 1,049
= Realized net income 9,909 -22 73 -46 83 1,299
+ Value of inventory change -1,833 -0 -21 10 -24 -87
= Total net income 8,076 -22 52 -36 59 1,212
  Canada Ontario Manitoba Saskatchewan Alberta British Columbia
  millions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollars
2019r            
+ Total farm cash receipts including payments 66,635 15,118 6,652 14,093 14,993 3,942
- Total operating expenses after rebates 53,347 12,516 5,321 10,520 12,054 3,412
= Net cash income 13,288 2,602 1,331 3,573 2,939 529
+ Income-in-kind 56 12 5 7 12 6
- Depreciation 7,966 1,746 760 1,853 1,922 470
= Realized net income 5,378 868 576 1,726 1,029 65
+ Value of inventory change 115 52 -159 521 -308 48
= Total net income 5,493 920 416 2,247 721 113
2020p            
+ Total farm cash receipts including payments 72,174 16,593 7,021 16,563 15,433 4,026
- Total operating expenses after rebates 54,032 13,127 5,275 10,191 12,047 3,504
= Net cash income 18,142 3,466 1,746 6,372 3,386 522
+ Income-in-kind 56 12 5 7 11 6
- Depreciation 8,289 1,838 786 1,924 1,973 491
= Realized net income 9,909 1,641 965 4,455 1,425 37
+ Value of inventory change -1,833 167 -113 -1,508 -371 114
= Total net income 8,076 1,808 852 2,947 1,054 151
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: