Record farm income in Saskatchewan
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The latest farm income numbers from Statistics Canada show that 2008 and 2009 were record high years for farm income in Saskatchewan. In both years, realized net income on Saskatchewan farms topped $1.6 billion, the highest levels ever.
For 2009, the realized net income from Saskatchewan represents half of the realized net income for the entire country. The next highest after Saskatchewan’s $1.6 billion is Quebec at about $874 million, followed by Manitoba at $553 million. Realized net farm income in Alberta was less than $264 million, while Ontario was a paltry $13 million.
Statistics Canada also provides information on the total value of farm capital in each province. This is the total value of livestock, land, buildings and machinery. For 2009, Alberta leads the nation with a total value of farm capital that exceeds $89 billion. Next is Ontario at $72 billion.
