The value of equity in Canada's farm sector totalled $729.9 billion as of December 31, 2022, up by $83.6 billion (+12.9%) from the same date a year earlier. This was the largest percentage increase in farm equity since the beginning of the series in 1981. Every province reported growth in farm equity, ranging from 3.4% in Newfoundland and Labrador to 16.8% in Ontario. Equity gains in Ontario accounted for more than one-third of the national increase.
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