The Economic Impact of Alberta’s Sugar Beet Industry study shows the industry contributes almost $250 million to Alberta’s economy annually.
‘Sugar beet is a high value crop grown on irrigated land in southern Alberta,’ says Emmanuel Anum Laate, senior crop economist with Alberta Agriculture and Forestry. ‘Although on average, sugar beet share of Alberta’s total harvested crop acres is small, it contributes significantly to Alberta’s crop production and agri-food Gross Domestic Product (GDP).’
Annually, the total economic impact of Alberta’s sugar beet industry (direct, indirect and induced) was estimated at approximately $248.61 million. This includes a GDP impact of over $198 million and a wage or labour income impact of approximately $50 million. The total employment impact generated by the industry is approximately 2,150 jobs annually.
By sector, the annual economic impact from sugar beet farming was estimated at $103.96 million, comprising of a GDP impact of $85.78 million and a wage or labour income impact of $18.19 million. In total, sugar beet farming generates 1,824 jobs annually, 793 direct jobs (335 full-time and 458 temporary) and 1,031 secondary jobs.