As one of the world’s largest food producers, Canada is a major player on the global agri-food stage. Since 2011, Canada has ranked as the world’s fifth-largest exporter of agricultural commodities and the 11th largest provider of agri-food globally, supplying the world with a diverse array of products, including soy, wheat, pulses, manufactured food products and live animals and animal products.
Overall, Canadian exports continue to grow. In 2017, our agri-food exports totalled $63.9 billion. And while EDC forecast a 0.5% dip in 2018, it expects 3.8% growth in the agri-food sector in 2019.
For all of Canada’s many successes in this sector, there’s still tremendous room for growth. In its 2017 report, Unleashing the Potential of Key Sectors, the Advisory Council on Economic Growth suggests that Canada has the potential to move from fifth to second place in terms of agricultural commodities, and from 11th to fifth place for agri-food…