Foreign control in ag sector low

The percentage of foreign control, as a percentage of total assets, in the Canadian agriculture, forestry, fishing and hunting sector was 1.6 percent in 2016, according to data recently released by Statistics Canada.

While that’s up from 1.1 percent in 2012, it compares with foreign control in all industries (excluding management of companies and enterprises) of 16.2 percent. That all-industry number was down from 18.5 percent in 2012.

Foreign control of non-financial industries in Canada was 25 percent in total in 2016, and 9.5 percent in the financial and insurance sector.

After the agriculture, forestry, fishing and hunting sector, the education, healthcare and social assistance sector had the next lowest level of foreign control at 1.7 percent.

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