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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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|
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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