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Agri-Food & Agriculture

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Industries · Agri-Food

Agri-Food & Agriculture

From Prairie grain to Atlantic lobster to what's coming off the lab bench next.

Overview

Canada's food economy, at a glance

Annual exports
$100.3B
Agriculture, agri-food and seafood combined, 2024. AAFC, 2024-25 Departmental Results Report.
Global export rank
7th
Down from 5th in 2000. RBC Climate Action Institute, 2025 — could fall to 9th by 2035 without corrective investment.
India lentil supply
65%
Canada supplies 65% of India's lentil imports. Saskatchewan farmers are directly exposed to Delhi policy decisions.
Seafood exports
$4B+
Atlantic and Pacific fisheries. Lobster is the single most valuable product. ~85% exported.

What we grow, what we catch →

Click any province or fishing zone for this week's intelligence signal.

Interactive · live layer
Trade & global markets · 2024–2025

Where Canadian agri-food goes, and who's buying

Top export commodities

Commodity2024 value
Wheat (non-durum)$8.1B
Canola (seed & oil)$6–11B
Pork & beef$7B
Pulses & special crops$6B
Seafood$5B
Processed foods$4B

Canola is Canada's most valuable agricultural export and its most geopolitically exposed — China accounts for roughly 40% of canola seed exports.

Export destinations

United States
54%
China
16%
Japan
8%
European Union
7%
India
5%
Mexico
4%

China's active canola restrictions put that 16% at real risk. India and Southeast Asia are the primary diversification targets.

Bison on the Canadian prairie in winter Photo: Weston M / Unsplash

Where the food demand is growing

🇮🇳
India
1.4B people · pulses deficit · CEPA
The world's largest pulse importer, buying from the world's largest exporter. Lentils, peas, and chickpeas are a natural match; CEPA now includes an agriculture chapter.
PulsesCanolaWheat
🇮🇩
Indonesia
280M people · fastest-growing SE Asia food market
Indonesia's expanding middle class is driving demand for wheat, canola oil, and processed foods. Canadian exporters are largely absent here — a genuine first-mover opportunity under CPTPP.
WheatCanola oil
🇭🇳
Vietnam
CPTPP · aquaculture & feed grain demand
The world's third-largest aquaculture industry needs Canadian feed grains and canola meal. CPTPP gives duty-free access.
Feed grainsCanola meal
🇺🇳
Japan
CPTPP · $8B in Canadian exports · premium buyer
Canada's third-largest agricultural export market. Premium Canadian beef, pork, and seafood command top prices, with an ageing population driving convenience-food demand.
BeefPorkSeafood
🇵🇵
Philippines
115M people · wheat import dependency
Among the world's top wheat importers, dependent on imports for nearly all domestic supply. Canadian hard red spring wheat is a premium fit, with CPTPP membership creating preferential access.
WheatPulses
🇲🇽
Mexico
CUSMA · $7B Canadian agri-food market
Canada's third-largest agri-food export market. CUSMA provides duty-free access for most products, with strong demand for pork, beef, canola, and processed foods.
PorkCanolaBeef

Canadian agri-food companies operating internationally

Farm & food processing

CompanyInternational presence
McCain FoodsWorld's largest frozen potato processor — 57 countries, 50+ factories
SaputoLargest Canadian dairy company globally — US, Australia, UK, Argentina
Maple Leaf FoodsUS and UK operations — prepared meats and plant-based protein
Richardson InternationalGlobal grain trading — Japan, Middle East, Southeast Asia
OlymelPork and poultry processing, exports to 65+ countries

International fishing & aquaculture

CompanyInternational presence
Cooke AquacultureNB-based, one of the world's largest independent salmon farmers — operations in Scotland, Chile, Spain, and the US
Clearwater SeafoodsMajority-owned by a Mi'kmaq coalition since 2021 — scallop, lobster, and clam harvesting exported to over 25 countries
High Liner FoodsNS-based, major North American frozen seafood processor with sourcing operations across the North Atlantic and Pacific

McCain Foods (Florenceville-Bristol, New Brunswick) makes roughly 1 in 3 of the world's french fries — a rural New Brunswick company most Canadians have never connected to a truly global brand. Cooke Aquaculture is a similar story on the water: a Blacks Harbour, NB family business that's now one of the largest salmon farmers on Earth.

Named state buyers — the geopolitical angle

These aren't ordinary customers. Each is a government agency with the power to open or close an entire national market in a single announcement — and each has done exactly that to Canadian exporters within the last two years. Watching these four specifically is watching the choke points of Canadian agri-food trade.

NAFED — India

India's primary state trading enterprise for pulses. A NAFED import notification directly triggers a Canadian export window — Saskatchewan exporters typically have 2–3 weeks to respond once a tender opens. India's own domestic harvest and its diplomatic relationship with Ottawa both influence when that window opens.

BULOG — Indonesia

Indonesia's state food logistics agency, managing strategic grain reserves for 270 million people. An active buyer of Canadian wheat, soybeans, and animal feed, and a lever Jakarta can use to reward or punish trading partners on unrelated files.

GASC — Egypt

One of the world's largest wheat buyers. When Black Sea supply is disrupted, GASC turns to Canadian Western Red Spring wheat — making Cairo's tender calendar a direct read on Canadian wheat demand spikes.

BAGE — Saudi Arabia

Active buyer of Canadian barley and wheat. Gulf food security procurement is long-term and relationship-driven, and increasingly tied to broader diplomatic and defence relationships, not just price.

What Canada imports

Top imports

Fresh fruit and vegetables (year-round, largely from the southern hemisphere and the US), coffee and cocoa (no domestic production possible), and processed/specialty foods that fill gaps in Canadian production — wine, olive oil, spices.

Top sources & exposure

The US supplies over half of Canada's agri-food imports by value. Mexico and California/Florida cover most winter produce. That concentration means a US-side disruption — tariff, drought, or labour action — hits Canadian grocery shelves fast, with almost no substitute supply chain ready to absorb the gap.

Climate signal calendar

Black Sea disruption
When Ukrainian wheat exports are disrupted, global wheat prices can spike 20–40%. Canadian Western Red Spring wheat is the premium substitute, with GASC and NAFED typically opening emergency tender windows within weeks.
El Niño / La Niña
La Niña reduces southern hemisphere rainfall — a drought year for Australia (the world's #2 wheat exporter) tends to push Canadian wheat pricing higher.
India monsoon
India's kharif and rabi harvests determine whether India restricts or opens pulse imports. A poor monsoon typically means a NAFED import window and a pricing surge for Saskatchewan lentil exporters.
Argentine soy & canola
Argentine political instability periodically restricts soy supply, creating substitute demand for Canadian canola oil in Asian markets.

Ukraine & the Black Sea corridor

Direct pricing opportunity, not just a humanitarian story

Ukraine is the world's 5th-largest wheat exporter and its largest sunflower oil exporter. Conflict-driven disruption at Odessa can spike global wheat and oilseed prices 20–40%, with GASC and BULOG typically turning to Canadian wheat and canola as the substitute within 2–3 weeks. Longer term, reconstruction of Ukraine's grain silos and port terminals is a real procurement opportunity for Canadian agri-food technology and equipment companies.

Fisheries & ocean economy

Canada ships the raw material. Other countries capture the value.

85% of Canadian seafood production is exported. Most of the processing that creates premium-product jobs happens in the US, Japan, and the EU — not in Glace Bay or Burgeo.

Colourful houses along the harbour in St. John's, Newfoundland Photo: Erik McLean / Unsplash
Annual seafood exports
$4B+
Lobster, snow crab, shrimp, salmon, groundfish. US is the largest market.
Production exported
~85%
One of Canada's most export-intensive food industries.
EU CETA channel
Zero tariff
Lobster, crab, groundfish, salmon all eligible — underutilized by processors.

DFO quota dashboard — 2026 season

SpeciesRegion2026 statusNote
Atlantic lobsterMaritimes LFA 27–38OpenSeason varies by LFA. Main export: US market.
Snow crabNL / MaritimesTAC setMinister Thompson announced the NL TAC March 27, 2026.
Northern cod2J3KL (NL)WatchQuota doubled in 2025 vs. DFO science recommendation — 71% probability of decline within 3 years, per DFO's own assessment.
Atlantic halibutMaritimes / NLOpenNAFO-managed. Key export: Japan and EU under CPTPP/CETA.
Pacific salmonBCTransitionFarmed salmon ban confirmed 2029. Wild harvest under climate pressure.

Marshall Decision status tracker

1999 Supreme Court affirmed the treaty right to fish for a moderate livelihood. Implementation remains incomplete, 26 years later.

1999
R v Marshall — Supreme Court of Canada affirms Mi'kmaq, Wolastoqey, and Peskotomuhkati treaty right to fish for moderate livelihood.
2019
Sipekne'katik self-regulated lobster fishery. Confrontations with commercial fishers highlight incomplete implementation.
2024
DFO Atlantic Integrated Commercial Fisheries Initiative: $191M+ in annual landings flowing through Marshall communities. Direct market access still constrained.
2026
Nunavut Fishery Regulations co-developed with Qikiqtani Inuit Association. Haida Gwaii herring rebuilding using an IKS and Western science co-governance model.
Implementation status: partial

Landings are established. Vertical integration, processing ownership, and direct international market access remain incomplete. CTI monitors weekly.

Food prices

When export markets strengthen, domestic prices don't automatically fall

The supply chain captures margin on the way up and releases it slowly on the way down. Understanding that gap is the starting point for any honest conversation about food costs in Canada.

Farm-to-shelf: where the markup goes

Indicative figures illustrating the markup structure. Updated quarterly from StatCan data.

Canola seed → canola oil

Farm ~$680/tRetail ~$8–12/L

CWRS wheat → bread

Farm ~$290/tRetail ~$4–7/loaf

Atlantic lobster

Ex-vessel ~$10–14/lbRetail ~$25–40/lb

Potash → fertilizer

Mine gate ~$330/tFarm retail ~$550–650/t

Grocery Code of Conduct

Status: active
In force sinceJanuary 1, 2026
Governing bodyOGSCC
Major grocers signedEmpire, Loblaw, Metro, Walmart, Costco
Dispute resolutionOperational
What it governsSupplier-retailer practices, not retail prices

Common questions

Why are grocery prices still high if inflation declined?

Farm-gate commodity prices and retail food prices move on different timelines. Input costs transmit upward to retail prices within weeks; retail prices decline much more slowly, as processors and retailers absorb margin compression first and pass savings to consumers last. Canada's 25% counter-tariffs on US goods translated to roughly 6% retail price increases on affected products, confirmed by the Bank of Canada.

Does the Grocery Code of Conduct lower prices?

Not directly. It governs commercial practices between retailers and suppliers — the opaque fees and retroactive charges that squeezed processors for years — but it doesn't set or cap retail prices. Dalhousie's Agri-Food Analytics Lab describes food inflation in Canada as fundamentally structural, rooted in rigid supply chains and a processing sector under sustained pressure.

How concentrated is Canada's grocery market?

Loblaw, Empire (Sobeys/FreshCo/IGA), Metro, Walmart Canada, and Costco Canada together account for roughly 70% of Canadian grocery retail. The Competition Bureau's 2023 Retail Grocery Market Study documented the resulting power imbalance over suppliers.

What does food insecurity in Canada actually look like?

Nearly 1 in 4 Canadians faces some level of food insecurity (Second Harvest, May 2026). 35% of food bank clients are employed workers — this is a cost-of-living story affecting working families, not only a traditional poverty story.

Food tech

What's coming off the lab bench next

Canada has real, funded food-tech clusters producing things you'll likely eat within the decade — precision-fermented proteins, cultivated ingredients, novel crop genetics. Most Canadians have never heard of any of it.

Where it's happening

Waterloo–Guelph corridor, ON

Precision fermentation

Canada's densest food-tech cluster. University of Guelph's food science programme feeds a growing base of startups producing animal-free dairy and egg proteins.

Saskatoon, SK

Crop genetics & protein

Protein Industries Canada supercluster headquarters. Pulse-protein extraction and novel crop genetics, leveraging Saskatchewan's position as the world's largest lentil and pea exporter.

Montreal, QC

Alt-protein & ingredients

Plant-based ingredient formulation and alt-protein scale-up, drawing on Quebec's food processing base and McGill's agricultural research.

Vancouver, BC

Cellular agriculture

Early-stage cultivated-ingredient research, benefiting from BC's biotech investment base and proximity to Asian export markets.

What's on your plate in 10 years

2026
Novel foods enter regulatory review

Health Canada's Novel Foods framework processes a growing pipeline of precision-fermented proteins and cultivated ingredients.

2028
First commercial-scale fermented dairy proteins

Animal-free whey and casein proteins reach manufacturers as ingredients, appearing under existing brand names rather than sold as "lab dairy."

2031
Pulse-protein blends go mainstream

Saskatchewan-grown pea and lentil protein isolates become standard ingredients in mainstream packaged food, not just specialty plant-based products.

2035
Cultivated ingredients in niche premium products

Cellular agriculture reaches commercial viability for high-value, low-volume applications well before it's cost-competitive for staple proteins.

Funding channels: Protein Industries Canada, ISED's Clean Agri-Food Program, and provincial innovation funds (Ontario, Quebec, Saskatchewan). Health Canada's Novel Foods framework is the regulatory gate every product must clear.

Land & sovereignty

Who owns Canadian farmland

A quieter question than tariffs or export prices, but it shapes food sovereignty for generations, not just this year's harvest.

Provincial farmland ownership rules

ProvinceForeign ownership ruleNotes
Prince Edward IslandStrictestLand Protection Act caps non-resident/corporate holdings at 1,000 acres — the most restrictive regime in Canada.
SaskatchewanStrictThe Saskatchewan Farm Security Act restricts non-Canadian ownership with limited exceptions.
ManitobaStrictFarm Lands Ownership Act restricts non-Canadian entities, a similar framework to Saskatchewan.
QuebecModerateCPTAQ restricts conversion of agricultural land to non-farm use, indirectly limiting speculative acquisition.
AlbertaModerateForeign Ownership of Land Regulations apply, with higher permitted acreage than Saskatchewan or Manitoba.
OntarioOpenNo specific foreign ownership restriction — a genuine outlier among major agricultural provinces.
British ColumbiaOpenNo general foreign farmland ownership restriction, though the Agricultural Land Reserve restricts land-use conversion.

How Canada compares globally

New Zealand

Overseas Investment Act requires government approval for most foreign farmland purchases — among the strictest developed-world regimes.

Australia

Foreign Investment Review Board screens agricultural land purchases above a threshold, with a public register of foreign ownership.

United States

AFIDA requires disclosure but doesn't restrict foreign ownership federally — several states impose their own limits, a patchwork similar to Canada's.

Canada

No federal restriction at all — entirely a provincial patchwork, from PEI's 1,000-acre cap to Ontario's open market.

Farmland ownership determines who captures the long-term value of Canadian agricultural land, not just this year's crop revenue but decades of appreciation, water rights, and control over what gets grown. Provinces with the tightest agricultural export intensity — Saskatchewan, PEI — also tend to have the strictest ownership rules, plausibly because the stakes of losing domestic control are most visible there first.

Official sources