Table 2 
Net farm income by province 

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Net farm income by province
  Canada Newfoundland and Labrador Prince Edward Island Nova Scotia New Brunswick Quebec
  millions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollars
2020r            
+ Total farm cash receipts including payments 72,091 126 576 588 869 10,274
- Total operating expenses after rebates 54,528 132 467 574 730 8,112
= Net cash income 17,563 -6 109 13 139 2,162
+ Income-in-kind 56 0 0 1 1 13
- Depreciation 8,429 15 56 79 80 1,071
= Realized net income 9,190 -20 53 -64 60 1,104
+ Value of inventory change -1,593 -0 -37 8 -26 -75
= Total net income 7,597 -21 16 -57 34 1,029
2021p            
+ Total farm cash receipts including payments 82,804 145 568 672 998 11,218
- Total operating expenses after rebates 60,205 150 508 638 806 8,816
= Net cash income 22,599 -5 60 34 192 2,402
+ Income-in-kind 63 0 0 1 1 14
- Depreciation 9,207 18 62 85 89 1,185
= Realized net income 13,454 -22 -2 -50 104 1,231
+ Value of inventory change -8,960 1 115 4 17 99
= Total net income 4,494 -21 114 -46 121 1,330
  Canada Ontario Manitoba Saskatchewan Alberta British Columbia
  millions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollars
2020r            
+ Total farm cash receipts including payments 72,091 16,781 7,024 16,466 15,438 3,949
- Total operating expenses after rebates 54,528 13,214 5,353 10,428 12,072 3,445
= Net cash income 17,563 3,567 1,671 6,038 3,365 504
+ Income-in-kind 56 12 5 7 11 6
- Depreciation 8,429 1,867 798 1,951 2,004 508
= Realized net income 9,190 1,712 878 4,093 1,373 2
+ Value of inventory change -1,593 28 -124 -1,125 -366 125
= Total net income 7,597 1,740 753 2,968 1,007 127
2021p            
+ Total farm cash receipts including payments 82,804 18,519 8,466 19,135 18,713 4,371
- Total operating expenses after rebates 60,205 14,558 5,969 11,508 13,333 3,919
= Net cash income 22,599 3,961 2,497 7,626 5,380 452
+ Income-in-kind 63 13 6 7 13 6
- Depreciation 9,207 2,067 866 2,113 2,165 558
= Realized net income 13,454 1,907 1,637 5,521 3,229 -100
+ Value of inventory change -8,960 265 -1,153 -5,557 -2,844 92
= Total net income 4,494 2,172 483 -36 385 -8
r
revised
p
preliminary
Note(s):
Figures may not add up to totals because of rounding.
Source(s):
Table 32-10-0052-01.
Date modified: