The Business of Agriculture

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Release date: June 14, 2017
Infographic: The Business of Agriculture
Description: The Business of Agriculture

Farm sales in Canada totalled $69.4 billion in 2015.

The size of farm operations and the sales they earned increased.

  • The number of farms reporting sales of $1 million or more increased by 8.2% from 2011, to 14,741 farms in 2016.
  • Nationally, 7.6% of farm operations reported sales of $1 million or more; these farms generated 60.3% of total sales.
  • There were 280,315 farm employees in Canada in 2015.
Average operating expenses per dollar of sales, by province
Province Average operating expenses per dollar of sales
British Columbia 85¢
Alberta 84¢
Saskatchewan 78¢
Manitoba 81¢
Ontario 85¢
Quebec 84¢
New Brunswick 85¢
Nova Scotia 89¢
Prince Edward Island 85¢
Newfoundland and Labrador 88¢
  • Farm had an average of $0.83 in operating expenses for every dollar in sales.
  • Crop farms earned 53.0% of sales; livestock farms earned 47.0% of sales.

Value of farm capital in 2016

  • Value of agricultural land and buildings: $427.9 billion
    • Increased by 37.5% from 2011 to 2016.
  • Value of farm machinery and equipment: $53.9 billion
    • Increased by 15.4% from 2011 to 2016.
  • Value of livestock: $27.9 billion
    • Increased by 89.4% from 2011 to 2016.
Tractors in Canada, by size, number and value.
Tractor size Total number Share of total number of tractors (%) Value (in million $)
Small (less than 60 p.t.o. hp.)Footnote 1 290,016 44.5% $2.1
Medium (60 to 149 p.t.o. hp.)Footnote 1 256,260 39.3% $7.1
Large (more than 149 p.t.o. hp.)Footnote 1 104,990 16.1% $9.4
Footnote 1

P.T.O. is the measure of the power available from a tractor engine to drive the implements.

Return to first footnote 1 referrer

Source: Census of Agriculture, 2011 and 2016.

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