April 15, 2014 – Ottawa, Ontario – Agriculture and Agri-Food Canada
An Overview of the Canadian Agriculture and Agri-Food System 2014, a report released today by Agriculture and Agri-Food Canada (AAFC), shows the strength of the agriculture and agri-food sector's contribution to Canada's economy.
Using historical data up to 2012, the Overview shows that the farm and food sector displayed robust performance in 2012, enjoying high farm income levels, strong market receipts, stable profit margins, and increased export sales.
The 2014 annual Overview provides basic information about the agriculture and agri-food sector, tracks how the sector performs over time, and reflects the challenges and changes that have occurred in recent years. It reviews in detail the whole value chain, covering not only primary agriculture and input suppliers but also food and beverage processing, food distribution, consumer trends, and government investment.
AAFC also recently released the Farm Income Forecast and the Medium Term Outlook. Together, these three 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.
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Jeff English
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