The Canadian AG Market
Power of Numbers
- Second-largest landmass in the world, three times the size of Great Britain
- large market of more than 30 million consumers, giving access to a larger North American market of 400 million
- The agri-food sector generates about 8% of Canada’s GDP
- The 2006 Census of Agriculture reported over 229,383 farms, with over 327,055 farm operators
Farming Takes Place Here in Ontario
- In 2006, 82,410 farm operators were on 57,211 farms in Ontario
- Farming is Ontario's second largest economic sector, employing 97,565 people to grow, harvest, process and market the produce
- Ontario is Canada’s most productive province, generating 35.6% of the country’s GDP
- Ontario’s Agriculture Production; 50% raise Livestock, 37% grow crops, 7% grow fruits and vegetables, 6% other, specialty or combination
Canadian Farm Operations
- Nationally Agricultural Production can be broken down to the following; 51% livestock, 39% crops, 7% fruits and vegetables, 4% other, specialty or combination
Environmentally Responsible Production
- Ranked first by the UN for its quality of life (standard of living)
- Canada has the crucial ingredients for successful agricultural trade: a clean environment, temperate climate and plentiful natural resources
Leading Edge Science and Innovation
- Budget of over $252 million for research initiatives led by Agriculture and Agri-Food Canada, with over 19 major research centers
- Delivers safe and high quality products to leading edge farmers and producers
- As one of the worlds leading food producers, Canada is best known for its excellent grains, oilseeds, vegetables, meats and dairy products
- The search for more diverse products and new markets continued to boost the number of less traditional livestock
- Practices such as conservation tillage minimize the number of passes farmers make over their fields, which in turn decreases fuel costs and lowers carbon dioxide emissions
Attractive Business Costs
- Low, competitive production expenses
- Canada’s agriculture, food and beverage sector has a reliable, cost-effective and flexible business environment
- High-tech, high-value, knowledge-based sector with significant potential for high growth
- Farmers are expanding their crop area and are switching to different crops for economic reasons
A Gateway to the Rest of the World
- A doorway to the US market with North American Free Trade Agreement (NAFTA)
- Canada holds a 9% agri-food cost advantage over the US
- One of the most open countries to foreign development
- In 2004, agriculture and agri-food exports surpassed CDN$26.5 billion, a 3.51% share of the worlds agri-food trade, making Canada the 3rd largest exporter of agri-food (Ranks 2nd place in food processing)
- An internationally recognized food inspection system
- Canada offers the lowest costs across all countries studied for labour, land and construction, electricity, and possesses one of the lowest corporate income tax rates