Beef and the Canadian Economy
The Canadian Beef industry is an important contributor to our country’s sustainable economic growth.
The Canadian beef industry contributes $41 billion to our GDP annually (CRSB 2016).
The industry generates an estimated 228,000 jobs in Canada, with every job yielding another 3.56 jobs elsewhere in the economy.
For every $1 of income received by workers and farm owners, another $2.08 is created in Canadian economy.
Canada’s meat industry is the largest component of the food processing sector, with annual sales surpassing $28 billion (excluding exports exceeding $6 billion).
The industry is vitally important for the economic future of our rural communities, by supporting other businesses in smaller centres that depend on the industry.