The value added of the agriculture, forestry, and seafood sectors in Canada is projected to increase steadily from 2024 to 2028. The projected values demonstrate consistent growth, showcasing a compounded average growth rate (CAGR) from 2024 onwards. In 2023, this sector stood at approximately 46 billion Canadian Dollars.
Future trends to watch for include:
- Technological advancements in sustainable farming practices.
- Increasing demand for organic and locally sourced products.
- Climate change impacts on crop yields and forestry management.
- Trade policies affecting seafood exports.
