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

Barn Building Code Changes Coming

Thursday, 29 June 2017 06:00
Barn Building Code Changes Coming

Barn Building code changes are coming to the province.

Telehealth Expanding Within Prairie Mountain Health

Wednesday, 28 June 2017 14:21
Telehealth Expanding Within Prairie Mountain Health
4 new Prairie Mountain Health sites have received approval to join Manitoba Telehealth.

Strengthening Bio Securities for PED is the Key

Tuesday, 27 June 2017 10:55
Strengthening Bio Securities for PED is the Key
34 farms have tested positive so far in the current outbreak of Porcine Epidemic Diarrhea Virus in Manitoba.

Grandview RM Residents Are Asked to Conserve Water

Monday, 19 June 2017 15:52
Grandview RM Residents Are Asked to Conserve Water

"Due to an unscheduled repair, some areas of the Rural Municipality are without water and those that have are asked to conserve water for the time being. This does NOT affect the water of the Town residents."