Table 2 
Net farm income by province 

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
2018r            
+ Total farm cash receipts including payments 62,486 139 513 576 701 8,892
- Total operating expenses after rebates 49,939 128 416 531 543 7,317
= Net cash income 12,547 11 98 45 158 1,575
+ Income-in-kind 57 0 0 1 1 13
- Depreciation 7,847 12 52 73 63 986
= Realized net income 4,757 -1 46 -27 96 602
+ Value of inventory change -112 -0 -15 1 -16 -60
= Total net income 4,645 -1 31 -26 80 542
2019r            
+ Total farm cash receipts including payments 66,366 142 565 609 872 9,664
- Total operating expenses after rebates 52,860 130 443 563 667 7,693
= Net cash income 13,506 12 123 45 205 1,971
+ Income-in-kind 56 0 0 1 1 13
- Depreciation 8,096 14 55 76 72 1,012
= Realized net income 5,466 -2 68 -30 134 972
+ Value of inventory change -282 -0 18 -5 -7 -110
= Total net income 5,184 -2 86 -35 127 862
  Canada Ontario Manitoba Saskatchewan Alberta British Columbia
  millions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollarsmillions of dollars
2018r            
+ Total farm cash receipts including payments 62,486 14,015 6,633 14,046 13,520 3,451
- Total operating expenses after rebates 49,939 11,642 5,132 10,086 11,106 3,037
= Net cash income 12,547 2,373 1,501 3,960 2,414 414
+ Income-in-kind 57 12 5 7 12 5
- Depreciation 7,847 1,709 753 1,830 1,911 459
= Realized net income 4,757 676 753 2,136 515 -40
+ Value of inventory change -112 -72 -46 166 -107 37
= Total net income 4,645 604 707 2,302 408 -3
2019r            
+ Total farm cash receipts including payments 66,366 14,859 6,635 14,085 15,008 3,927
- Total operating expenses after rebates 52,860 12,327 5,296 10,386 11,968 3,387
= Net cash income 13,506 2,532 1,339 3,699 3,040 540
+ Income-in-kind 56 12 5 7 12 5
- Depreciation 8,096 1,783 771 1,876 1,961 477
= Realized net income 5,466 761 573 1,829 1,091 69
+ Value of inventory change -282 -101 -153 416 -322 -16
= Total net income 5,184 659 420 2,245 769 52
r
revised
Note(s):
Figures may not add up to totals because of rounding.
Source(s):
Date modified: