Fisheries and the Canadian Economy

Gross Domestic Product (GDP)

Total Canadian GDP increased 0.9% in 2015, gaining slightly over 1% in 2016. Agriculture, forestry, fishing and hunting GDP rose 4% in 2015, and continued to grow in 2016 (5%). Fish harvesting GDP was up 5% in 2015, followed by a similar decline in 2016 that offset earlier gains. Fish processing GDP edged down in 2015, rebounding by 5% in 2016.

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Gross Domestic Product (GDP) at basic prices, selected industries, Canada, 2014 - 2016
 

2014

2015

2016

Industry

Millions of chained 2007 Dollars 1

Agriculture, forestry, fishing and hunting 26,437 27,389 28,660
Fishing, hunting and trapping 1,274 1,332 1,265
Seafood Product Preparation and Packaging 1,122 1,118 1,176
All industries 1,641,305 1,656,117 1,678,247

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

 

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