Table 2 
Net farm income by province 

 Back to main article CSV (3 KB)
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
2023r            
+ Total farm cash receipts including payments 99,489 172 806 742 1,144 13,022
- Total operating expenses after rebates 76,405 160 627 702 1,012 11,087
= Net cash income 23,084 12 180 40 132 1,936
+ Income-in-kind 72 1 0 1 1 16
- Depreciation 10,470 18 76 92 97 1,475
= Realized net income 12,686 -5 104 -51 36 477
+ Value of inventory change 267 -1 -29 -4 -49 -69
= Total net income 12,952 -6 75 -55 -13 408
2024p            
+ Total farm cash receipts including payments 97,906 168 829 764 1,173 12,977
- Total operating expenses after rebates 78,252 157 648 718 1,066 11,533
= Net cash income 19,654 11 181 46 107 1,444
+ Income-in-kind 77 1 0 1 1 17
- Depreciation 10,334 18 76 92 97 1,448
= Realized net income 9,397 -6 106 -44 12 12
+ Value of inventory change -1,694 0 5 2 51 17
= Total net income 7,703 -5 111 -42 63 29
  Canada Ontario Manitoba Saskatchewan Alberta British Columbia
  millions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollars
2023r            
+ Total farm cash receipts including payments 99,489 22,484 10,235 22,704 23,329 4,852
- Total operating expenses after rebates 76,405 17,672 7,731 15,218 17,688 4,509
= Net cash income 23,084 4,812 2,504 7,487 5,640 342
+ Income-in-kind 72 16 7 9 13 7
- Depreciation 10,470 2,518 920 2,193 2,473 609
= Realized net income 12,686 2,309 1,591 5,303 3,181 -260
+ Value of inventory change 267 49 276 309 -161 -54
= Total net income 12,952 2,359 1,867 5,612 3,020 -314
2024p            
+ Total farm cash receipts including payments 97,906 22,663 9,801 21,394 23,117 5,019
- Total operating expenses after rebates 78,252 18,300 7,682 15,303 17,995 4,850
= Net cash income 19,654 4,363 2,119 6,091 5,122 169
+ Income-in-kind 77 17 8 10 14 8
- Depreciation 10,334 2,516 902 2,142 2,449 596
= Realized net income 9,397 1,864 1,225 3,960 2,687 -420
+ Value of inventory change -1,694 -156 -309 -375 -894 -37
= Total net income 7,703 1,708 917 3,585 1,793 -457
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: