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Cereal crops have estimated $68.8B impact on economy

On behalf of Cereals Canada, LMC International undertook a study to assess the impact of domestically grown common wheat, durum wheat, barley, and oats on the Canadian economy. The study shows Canadian-grown cereals had an estimated total impact of $68.8 billion, including more than 370,000 Canadian jobs, and $27 billion in wages.

For the average of the past three years:

• The estimated total impact on the Canadian economy from wheat, barley, durum, and oats averaged $68.8 billion per year.

• Over 370,000 paid full time equivalent jobs are supported by the four crops, with supported family members bringing the total close to 400,000.

• The total wage impact of the four crops averaged $27.0 billion.

Visit cerealscanada.ca/economic-impact for the full report.