Balance sheet of the agricultural sector, December 31, 2020 (revised)

February 17, 2022, 8:38 a.m. (EST)

Equity in Canada's farm sector totalled $571.5 billion as of December 31, 2020, up $28.8 billion (+5.3%) compared with the same date a year earlier. This was the third consecutive year where total liabilities (+5.5%) rose at a faster pace than total assets (+5.3%). Farm equity rose in every province, with Ontario (+5.5%) and Alberta (+4.9%) accounting for over one half of the national increase.

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