OTTAWA, ONTARIO--(Marketwired - Apr 13, 2015) - Agriculture and Agri-Food Canada
The latest data shows that the agriculture and agri-food sector continues to generate significant economic benefits for Canada. Agriculture and Agri-Food Canada (AAFC) today released the annual Overview of the Canadian Agriculture and Agri-Food System. The report provides historical data up to 2013, and demonstrates the sector's continued strong contribution to the Canadian economy.
- The agriculture and agri-food sector generated $106.9 billion in 2013, accounting for 6.7% of Canada's GDP.
- In 2013, the agriculture and agri-food sector provided one in eight jobs in Canada, employing over 2.2 million people.
- Canadian export sales grew by 5.5% in 2013 to $46.0 billion, maintaining its 3.5% share of the total value of world agriculture and agri-food exports. Canada remained the world's fifth-largest exporter of agriculture and agri-food products in 2013.
- Exports to the U.S. increased by 10.8% in 2013 to $23.4 billion, while exports to non-U.S. markets grew by 6.0% to $22.7 billion.
- Public investments in research and development (R&D) are estimated to rise by 5.3% to $643 million in 2013-2014.
- A record harvest and strong prices in the first half of 2013, contributed to the growth in farm receipts. Cattle receipts have increased for four consecutive years due to strong cattle prices.
- The food and beverage processing industry is the largest of all manufacturing industries in Canada, accounting for the largest share (16.0%) of the total manufacturing sector's GDP in 2013. It also accounted for the largest share (16.7%) of jobs in the manufacturing sector.
Following the study of the House of Commons Standing Committee on Agriculture and Agri-Food, this year's report also features a special section on Food Loss and Waste at all stages of the agri-food system.
"More than ever, the world is looking to Canada for its high-quality agricultural products. By continuing to support innovation and science-based trade while opening doors to new markets, we will ensure that the agriculture and food industry is well-placed to take full advantage of new economic opportunities."
- Agriculture Minister Gerry Ritz
The Canadian agriculture and agri-food system is a complex and integrated supply chain that includes input and service suppliers, primary producers, food and beverage processors, food retailers and wholesalers and foodservice providers.
An Overview of the Canadian Agriculture and Agri-Food System 2015 is a multi-purpose reference document that presents the agriculture and agri-food system in the context of the Canadian economy and international markets. It provides a snapshot of the composition and performance of the agriculture and agri-food system as it evolves in response to challenges, opportunities and market developments.
AAFC also recently released the 2015 Canadian Agricultural Outlook, which is now supported by two additional documents. The Farm Income, Financial Conditions and Government Assistance Data Book, 2014, released today, provide easy access to key economic and financial indicators for the farm sector and information on government assistance to the agriculture and agri-food industry. And the Technical Addendum: Medium Term Data Tables for the Canadian Agricultural Outlook provides additional data in relation to the Canadian Agricultural Outlook, covering 2014 - 2024.
Together, these reports provide a comprehensive historical profile of the sector, as well as a financial and market outlook for producers, industry and stakeholders, and governments as they plan for the years ahead.