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Year  Farm Net Income
$
Real Farm Net Income
2002 $/ha
Real Net Income Per Farm
2002 $/farm
Real Net Income Per Hectare
2002 $/ha
 
 
1979610,509,000  1,526,272,500  25,744  78.08   
1980605,164,000  1,375,372,727  23,442  71.16   
1981629,923,000  1,272,571,717  21,920  66.60   
1982302,467,000  550,941,712  9,499  28.37   
1983120,477,000  207,361,446  3,579  10.51   
1984-30,509,000  -50,344,884  -870  -2.51   
1985102,374,000  162,498,413  2,810  7.99   
1986582,956,000  888,652,439  15,381  43.02   
1987389,417,000  568,491,971  9,858  27.48   
1988772,013,000  1,084,287,921  18,836  52.34   
1989574,892,000  768,572,193  13,376  37.04   
1990346,043,000  441,381,378  7,696  21.24   
1991143,588,000  173,415,459  3,029  8.33   
1992445,800,000  530,714,286  9,214  25.45   
1993931,555,000  1,088,265,187  18,779  52.07   
1994569,956,000  665,059,510  11,407  31.76   
1995881,561,000  1,006,348,174  17,157  47.95   
1996759,225,000  854,021,372  14,473  40.61   
1997296,979,000  328,516,593  5,671  15.62   
1998304,352,000  333,353,779  5,863  15.84   
1999240,680,000  259,074,273  4,644  12.31   
2000388,803,000  407,550,314  7,449  19.35   
2001537,979,000  550,080,777  10,255  26.11   
2002-174,487,000  -174,487,000  -3,305  -8.28   
2003582,784,000  566,910,506  10,911  26.90   
20041,155,825,000  1,103,939,828  21,597  52.36   
2005454,192,000  382,313,084  7,605  18.13   
2006-507,819,000  -425,325,390  -8,604  -20.16   
2007-154,346,000  -174,375,785  -4,410  -10.33   
20081,516,038,000  1,050,806,310  35,430  83.02   
2009-473,197,000  -413,633,741         
2010129,776,000  111,395,708         
2011743,800,000  620,350,292  57,915  11.65   
2012631,200,000  518,652,424  80,622      
20131,126,400,000  917,263,844  76,554      
 

References and Related Online Materials

Farm Net Income:

2011-2013. http://www.agr.gc.ca/eng/about-us/publications/economic-publications/alphabetical-listing/canada-s-farm-income-forecast-for-2012-and-2013/?id=1361554073074#tabb9 

Government of Alberta Agriculture and Rural Development. (2009). Alberta Farm Operating Expenses and Depreciation, 1979-2008(Table 6). Farm Income and Expenses. Last updated October 26, 2009.  http://www1.agric.gov.ab.ca/$department/deptdocs.nsf/all/sdd12809 (accessed May 13, 2010).

Real Farm Net Income:NOTE: Real farm net income was calculated using consumer price index data available at http://www40.statcan.gc.ca/l01/cst01/econ46d-eng.htm
Real Net Income Per Farm:

2011-2013. http://www.agr.gc.ca/eng/about-us/publications/economic-publications/alphabetical-listing/canada-s-farm-income-forecast-for-2012-and-2013/?id=1361554073074#tabb9 

Calculated by dividing the real net income by the total number of farms (from the farm land use table). Because the total number of farms was only available on census years, on non-census years the number of farms was assumed to be a weighted average of the preceding and the following census years. For example, in 2002 the weighted average is calculated as follows: Number of farms in 2001*4/5+Number of farms in 2006*1/5. 

Real Net Income Per Hectare:

2011. Calculated from Alces Land Use Data. 

Calculated by dividing the real net income by the total occupied farmland (from the farm land use table). Because the total number of farms was only available on census years, on non-census years the number of farms was assumed to be a weighted average of the preceding and the following census years. For example, in 2002 the weighted average is calculated as follows: Occuped farmland in 2001*4/5+Occupied Farmland in 2006*1/5.