Indicator 27
Definition: This indicator measures the revenue generated from value-added agriculture products by census year. Value-added products are agricultural products that have increased in value through processing or the addition of other ingredients.
Data Source: TBD – Potential sources include Statistics Canada – Census of Agriculture / Agriculture and Agri-Food Canada / Alberta Agriculture and Forestry
Updated / Frequency: TBD upon finalizing data source and data collection practices.
Policy Area: Agriculture
Purpose: To foster the growth of the value-added agricultural sector and maximize the economic potential of the Region’s agricultural outputs. This KPI gauges the success of initiatives aimed at boosting value-added agriculture sales, crucial for enhancing the region’s GDP and global competitiveness.
Current Trends: As this is a newly established KPI, no historical data is available. Initial data collection and analysis will set the baseline for monitoring future trends.