Canada's Food and Beverage Processing Sector Performing Well

  From the May 15, 2017 Issue of Agri-News
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 Canada’s food and beverage exports have nearly doubled over the past decade and the sector continues to stand out from the rest of the country’s manufacturing industry, according to J.P. Gervais, chief agricultural economist for Farm Credit Canada (FCC).

Canada’s food and beverage manufacturing sector – which includes activities, such as meat and dairy processing, grain and oilseed milling, and fruit and vegetable preserving – has been growing at an average of 3.2 per cent over the past three years, a full two per cent stronger than Canada’s overall manufacturing sector (average 1.2 per cent) over the same period.

“The performance of this sector speaks to its resilience, as well as its ability to innovate and adapt to the changing consumer markets,” says Gervais. “Food is a global industry and Canada’s reputation as a consistent producer of high-quality, safe agriculture commodities and manufactured food products plays a significant role in our success.”

Trevor Sutter
Corporate Communication
Farm Credit Canada

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For more information about the content of this document, contact Ken Blackley.
This information published to the web on May 4, 2017.