Fisheries and the Canadian Economy

Gross Domestic Product (GDP)

Between 2013 and 2014, total Canadian GDP increased by 2% and then by an additional 1% in 2015. Agriculture, forestry, fishing and hunting GDP fell by -7% between 2013 and 2014, rebounding by 3% in 2015. Fish harvesting GDP rose by 6% between 2013 and 2014, and by 5% in 2015. Meanwhile, fish processing GDP increased by 13% in 2014, though posting a slower annual growth rate of 7% in 2015.

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Gross Domestic Product (GDP) at basic prices, selected industries, Canada, 2013 - 2015
 

2013

2014

2015

Industry

Millions of chained 2007 Dollars 1

Agriculture, forestry, fishing and hunting $27,286 $25,322 $26,147
Fishing, hunting and trapping $1,177 $1,244 $1,302
Seafood Product Preparation and Packaging $998 $1,129 $1,206
All industries $1,595,060 $1,634,178 $1,648,807

Source: Statistics Canada. Table 379-0031 - Gross domestic product (GDP) at basic prices, by North American Industry Classification System (NAICS), annual (dollars), CANSIM (database)
1 Note 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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