Fisheries and the Canadian Economy

Gross Domestic Product (GDP)

Total Canadian GDP rose slightly in 2016 and increased 3% in 2017. Agriculture, forestry, fishing and hunting GDP was up 4% in 2016, followed by marginal growth in 2017. Fish harvesting GDP fell -5% in 2016, and continued to decline in 2017 (-6%). In contrast, fish processing GDP increased 8% in 2016, and by another 4% in 2017.

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Gross Domestic Product (GDP) at basic prices, selected industries, Canada, 2015 - 2017
 

2015

2016

2017

Industry

Millions of chained 2007 Dollars 1

Agriculture, forestry, fishing and hunting 26,788 27,831 27,941
Fishing, hunting and trapping 1,184 1,123 1,051
Seafood Product Preparation and Packaging 1,101 1,184 1,225
All industries 1,661,529 1,684,239 1,740,375

Statistics Canada. Table 36-10-0434-03 Gross domestic product (GDP) at basic prices, by industry, annual average (x 1,000,000)
1Note that chained dollars allow for the calculation of growth rates, but not the contribution of each industry to the total Canadian GDP, as aggregates are not equal to the sum of their components

 

Download Table cfstab3-eng

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