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 66,362 142 545 599 857 9,670
- Total operating expenses after rebates 53,175 130 437 537 657 7,752
= Net cash income 13,187 12 108 62 200 1,918
+ Income-in-kind 56 0 0 1 1 13
- Depreciation 8,128 14 55 76 72 1,031
= Realized net income 5,115 -1 54 -12 129 900
+ Value of inventory change 253 -0 17 -1 5 -58
= Total net income 5,368 -1 71 -14 134 842
2020r            
+ Total farm cash receipts including payments 72,024 124 576 590 869 10,265
- Total operating expenses after rebates 54,187 132 464 572 732 8,073
= Net cash income 17,837 -7 112 18 137 2,192
+ Income-in-kind 56 0 0 1 1 13
- Depreciation 8,463 16 58 79 81 1,078
= Realized net income 9,430 -23 54 -60 57 1,127
+ Value of inventory change -1,613 -0 -22 8 -26 -80
= Total net income 7,817 -23 32 -53 31 1,046
  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 66,362 15,007 6,662 14,086 14,864 3,930
- Total operating expenses after rebates 53,175 12,522 5,321 10,478 11,934 3,408
= Net cash income 13,187 2,485 1,341 3,609 2,930 521
+ Income-in-kind 56 12 5 7 12 6
- Depreciation 8,128 1,791 773 1,881 1,953 483
= Realized net income 5,115 706 572 1,734 989 44
+ Value of inventory change 253 52 -164 658 -308 52
= Total net income 5,368 758 408 2,392 681 96
2020r            
+ Total farm cash receipts including payments 72,024 16,759 7,026 16,462 15,429 3,922
- Total operating expenses after rebates 54,187 13,134 5,323 10,373 11,984 3,400
= Net cash income 17,837 3,625 1,704 6,089 3,445 523
+ Income-in-kind 56 12 5 7 11 6
- Depreciation 8,463 1,885 799 1,952 2,003 514
= Realized net income 9,430 1,752 910 4,144 1,454 15
+ Value of inventory change -1,613 14 -120 -1,119 -382 114
= Total net income 7,817 1,766 791 3,025 1,072 129
r
revised
Note(s):
Figures may not add up to totals because of rounding.
Source(s):
Table 32-10-0052-01.
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