730 CKDM - The Parklands Best

Monday, 20 March 2017 16:12

Report: Value of Canola Up in Canadian Economy

Report: Value of Canola Up in Canadian Economy Courtesy: Pixabay.com

According to a recent study, the value of canola to the Canadian economy has tripled in the past decade.

The value of canola to the Canadian Economy is now coming in at $26.7 billion a year.

That value is an increase of almost $6 billion, from a three-year period of 2009-11.
A large part of the value jumping is from the 250,000 jobs and the $11.2 billion in wages the industry now generates.

 

According to Vice President of Government Relations for the Canola Council of Canada Brian Innes, this rise in value has been a gradual one, but significant.

"When you look at how the economic impact has grown, it's increased by more than two hundred and fifty per cent in the past ten years. So, over the last ten years, we've seen a significant amount of growth, and that's affected wages, that's affected jobs, and that's affected the impact it has on the economy."

 

The independent analysis was prepared by agribusiness research firm LMC International, calculating the benefits between 2012 and 2015 from canola developed, grown, processed and marketed in Canada.

Read 406 times Last modified on Tuesday, 21 March 2017 13:17

RM of Dauphin Phase 1 Water Break Update

Wednesday, 20 September 2017 15:25
RM of Dauphin Phase 1 Water Break  Update

The water break the RM of Dauphin has have working on is much more significant than anticipated. 

First Planning Meeting for Manitoba Maple Syrup Festival Tomorrow

Wednesday, 20 September 2017 12:50
First Planning Meeting for Manitoba Maple Syrup Festival Tomorrow

Tomorrow is the first planning meeting of the Manitoba Maple Syrup Festival.

Grandview Fire Department's First Ever Awards Banquet

Wednesday, 20 September 2017 12:33
Grandview Fire Department's First Ever Awards Banquet

The Grandview Fire Department is hosting their first ever awards banquet.

R.M. of Dauphin Working On A Water Break

Wednesday, 20 September 2017 09:51
R.M. of Dauphin Working On A Water Break

The RM of Dauphin Rural water distribution line experienced a break last night and two crews are out and have isolated the area.