Farm income, 2021

May 25, 2022, 8:50 a.m. (EDT)

Realized net income for Canadian farmers rose 46.4% to $13.5 billion in 2021, as strong growth in receipts offset higher expenses. This increase followed a 79.7% gain in 2020 and a 5.1% rise in 2019. Excluding cannabis, realized net income in 2021 was up 46.2% to $13.7 billion.

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