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Farm revenue in Canada increased 7.7 percent

Staff writer ▼ | April 4, 2016
Average operating revenues per farm in Canada amounted to $418,080 in 2014, up 7.7% from 2013, according to taxation records.
Canada farm
Canada   All 11 major farm types posted higher average operating revenues
All 11 major farm types posted higher average operating revenues. Hog farms had the largest increase (+25.5%), followed by beef cattle farms (+20.8%), and greenhouse, nursery and floriculture operations (+15.1%).

Average operating expenses rose 8.9% to $347,084, with the largest increases coming from hog farms (+17.2%), beef cattle farms (+16.7%), and greenhouse, nursery and floriculture operations (+16.2%).

Average operating revenues increased in every provine in 2014 except Prince Edward Island, Nova Scotia and New Brunswick.

Newfoundland and Labrador (+22.5%), Saskatchewan (+14.4%) and Alberta (+10.3%) recorded gains above the national average.


 

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