Glacier FarmMedia – Realized net farm income in Canada increased 18.3 per cent last year to $14.5 billion as growth in receipts offset a rise in expenses, according to a report from Statistics Canada. The increase followed a 4.1 per cent decline in 2022 and a 69.6 per cent increase in 2021. However, total net […] Read more
Tag Archives net farm income
New farm income record set in 2023, estimates suggest
Canadian farm income may have set a new record in 2023. That’s according to the official 2023 and 2024 estimates released February 16 by Agriculture and Agri-Food Canada. For 2023, net cash income (NCI), the main metric Agriculture and Agri-Food Canada uses to measure farm income, is forecast to have increased 13 per cent to […] Read more
