top of page

UA News and the Unconventional Ag event series are no longer being offered. You can continue to stay updated on the global ag, agtech, food, and food tech sectors through our other publications and events: Global AgInvesting conference series, AgInvesting Weekly, Agtech Intel NewsWomen in Agribusiness Summit, and Women in Agribusiness Today.  We are grateful for your past support, and look forward to staying connected with you through our range of media platforms.


Canola Worth $26.7 Billion to Canada’s Economy

Over the last 10 years, canola’s value to the Canadian economy has nearly tripled to reach $26.7 billion, according to the Canola Council of Canada.

A report compiled by LMC International concludes that the economic impact of Canada’s canola industry has grown by 250 percent since 2005/06. Additionally, over this time period, its total wage impact has doubled, the number of jobs the industry has generated has increased by 41 percent, and the economic impact of Canada’s domestic canola processing sector has quadrupled.

Furthermore, the report states that the jobs associated with the industry bring higher wages than average, at $62,000 per year compared to $50,000.

Behind this growth is record yields leading to more R&D, and more handling, processing, and distributing – all creating more jobs and generating salaries that are spent among other industries. This economic benefit is most notable in the Prairies, however, canola has been found to have an impact of $1.48 billion in Ontario, $1.06 billion in Quebec, $554 million in British Columbia, and $120 million in the Maritime Provinces.

NeverStop - 650x85.jpg
CPM Logo Image
LECO Ad Image
MOSOY-NovDecJan-1000 x825-02.png
UA News Subscribe Image


Contact Lynda Kiernan-Stone,

editor of Unconventional Ag News, to submit a story for consideration:

bottom of page