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- Articles and reports: 21-004-X20030036478Geography: CanadaDescription:
Total income of farm families is derived from 1999 personal income tax returns of family members. The estimates refer to the income of families involved in a single unincorporated farm, showing a gross operating revenue of $10,000 and over. Families are defined as husband and wife, legal or common-law, with or without children at home; or lone parent, of any marital status, with at least one child living at home. There is no restriction on the age of the children. Children must report a marital status other than "married" or "living common-law" and have no child living in the household. In 1999, these families operated 150,500 farms, accounting for 76.5% of the total number of unincorporated farms (single operations) reporting a gross revenue of $10,000 and over.
Net farm operating income refers to the profit (or loss) from performance of farm operations based on total operating revenues, including all program payments, less total operating expenses, before deducting depreciation.
In 1998, Agriculture and Agri-Food Canada (AAFC) developed a farm typology, which categorizes farms into more homogeneous groups than classification based on size, contribution to total agricultural production, or national net farm operating income. Factors such as age, income, business intentions and revenue class have been used to categorize farm operators and farm families into distinct groups. A description of the farm types is presented at the end of this article.
Release date: 2003-03-31
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- Articles and reports: 21-004-X20030036478Geography: CanadaDescription:
Total income of farm families is derived from 1999 personal income tax returns of family members. The estimates refer to the income of families involved in a single unincorporated farm, showing a gross operating revenue of $10,000 and over. Families are defined as husband and wife, legal or common-law, with or without children at home; or lone parent, of any marital status, with at least one child living at home. There is no restriction on the age of the children. Children must report a marital status other than "married" or "living common-law" and have no child living in the household. In 1999, these families operated 150,500 farms, accounting for 76.5% of the total number of unincorporated farms (single operations) reporting a gross revenue of $10,000 and over.
Net farm operating income refers to the profit (or loss) from performance of farm operations based on total operating revenues, including all program payments, less total operating expenses, before deducting depreciation.
In 1998, Agriculture and Agri-Food Canada (AAFC) developed a farm typology, which categorizes farms into more homogeneous groups than classification based on size, contribution to total agricultural production, or national net farm operating income. Factors such as age, income, business intentions and revenue class have been used to categorize farm operators and farm families into distinct groups. A description of the farm types is presented at the end of this article.
Release date: 2003-03-31
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