Key Market Indicators
Canadian agricultural GDP is projected to reach $24.2 billion by 2026, up from approximately $23.2 billion in 2021. This growth rate of 0.7% year-on-year has been consistent since 2012. Over the past 24 years, the yearly growth rate of the Canadian agricultural market has averaged 1.4%. Similarly, agricultural production in Canada is set to reach $49.9 billion in 2026, up from $46.8 billion in 2021. This growth rate of 1% year-on-year has been consistent since 1996. Over the past 24 years, the yearly growth rate of Canadian agricultural production has averaged 1.9%.