Agri-Food Sector Report: Canadian Market Focus

Published: November 12 2024

To read the complete 2024 Agri-Food Sector Report:

We analyze risk across economic sectors to provide with you valuable insights and inform your decisions, helping you to trade with peace of mind. Read our latest sector report highlighting the Agri-Food industry within the context of the Canadian market. Key points include:

In 2023, the whole agrifood system (i.e. agriculture, food, related industries and services) accounted for approximately CAD 150bn, or about 7%, of GDP when including a wide range of activities beyond farming, from food manufacturing to food services and retail/ wholesale.

Collectively these industries provide about 11% of total Canadian employment, representing 2.3mn jobs. Almost half of those jobs are related to food service providers (about 971,000 jobs) while primary agriculture and food and beverage manufacturing account together for about 570,000 jobs.

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