The Canadian Federation of Agriculture (CFA) is welcoming a new report by RBC, entitled Farmer 4.0
The report notes the sector's potential to increase its GDP contribution from $112 billion in 2016 to $131 billion by 2030.
CFA's national campaign, Producing Prosperity in Canada, outlines three key benefits that agriculture provides all of Canada including economic growth, environmental stewardship and food security.
"In a year of unprecedented challenges for Canadian farmers it's exciting to see a banking institution, whose business is the Canadian economy, pro-actively recognize and promote the massive potential of Canada's agriculture sector," says Mary Robinson, President of CFA. "Now more than ever our farmers need government support to move forward to build a robust, innovative Agri-Foods sector, for the benefit of all Canadians."
The CFA, along with Dairy Farmers of Canada (DFC), urges support for all commodities negatively affected by trade and strained foreign relations.
"Dairy Farmers of Canada is pleased the federal government announced compensation funding promised to Canadian dairy farmers for the market access they gave up, and that there will be no more trade concessions on the part of dairy," said Pierre Lampron, President of Dairy Farmers of Canada. "DFC strongly encourages the Canadian government to support our agriculture colleagues in other sectors who have been so dramatically and negatively impacted due to disruptions in international trade, through no fault of their own."
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