Saskatchewan Farm Income Shows Decline In 2016

May 25, 2017
 
New figures show realized net farm income dropped in Saskatchewan in 2016.
 
Statistics Canada reports realized net farm income rose 7.6 percent on a national basis last year.
 
Realized net farm income is the difference between cash receipts and operating expenses, minus depreciation, plus income in kind.
 
Realized net income grew in six provinces, including Alberta, Manitoba, Ontario and Quebec.
 
Saskatchewan was not on the list, due to the fact  farm cash receipts declined by 2.5 percent in 2016.
 
Source : CKRM
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