This spring Statistics Canada reported gains in realized net farm income and Alberta was in the headlines for leading the country in growth. As significant contributors to Alberta’s FCR, Team Alberta is concerned that reporting cannabis data in this manner is misleading. Cannabis is grown by a handful of licensed producers, who do not grow field crops generally associated with farms. As the cannabis sector grows, we are concerned that the distortion will persist, and it will be increasingly difficult to credibly assess the true health of Canadian farms. When cannabis is excluded, then we note a downturn in crop revenues across the prairies largely driven by lower canola and soy prices, and stagnant crop receipts in 2019 for Alberta.
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