Statistics Canada
Symbol of the Government of Canada

Farm business cash flows

Warning View the most recent version.

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please "contact us" to request a format other than those available.

The Daily


Wednesday, June 20, 2007

Cash income for Canadian farm businesses decreased 9.4% in 2006. Although stronger crop revenue helped to offset declines in livestock receipts and program payments, producers faced higher interest charges, labour costs and fuel prices, which drove farm operating expenses higher.

Cash income for the year amounted to $7.3 billion, the second consecutive annual decline.

The level of cash income was 13.1% below the previous five-year average (2001 to 2005).

The amount of cash available for investment or withdrawal decreased 2.0% to $9.0 billion in 2006. It remained 11.7% below the previous five-year average, which was weighted down by difficult years in 2002 and 2003.

Cash available to producers increased through borrowing, resulting in a $1.7 billion net change in loans outstanding in 2006.

All provinces recorded decreases in cash income, except Newfoundland and Labrador, New Brunswick and Saskatchewan. For these three provinces, the increase in the sales of primary agricultural products explained the rise recorded between 2005 and 2006.

As a result of the release of data from the 2006 Census of Agriculture on May 16, 2007, estimates of the farm business cash flows and other data contained in the Agriculture Economic Statistics series will be revised, where necessary. These revisions will be announced in a future release of the series in The Daily.

Available on CANSIM: table 002-0023.

Definitions, data sources and methods: survey number 5031.

Please note that this series does not include data on depreciation, which are available in the publication Farm Operating Expenses and Depreciation Charges - Agriculture Economic Statistics (21-012-XWE, free).

The publication Farm Business Cash Flows - Agriculture Economic Statistics, June 2007, Vol. 6, no. 1 (21-018-XWE, free) is now available online. From the Publications module of our website, under Free Internet publications, choose Agriculture.

For more information, or to enquire about the concepts, methods or data quality of this release, contact Marco Morin (613-951-2074; marco.morin@statcan.gc.ca), Agriculture Division.