", StatCan, Monthly gross domestic product for the fishing, hunting and trapping industry in Canada from 2015 to 2019 (in million Canadian dollars) Statista, https://www.statista.com/statistics/848400/gdp-for-fishing-hunting-and-trapping-in-canada/ (last visited December 27, 2020), Monthly gross domestic product for the fishing, hunting and trapping industry in Canada from 2015 to 2019, Revenue of the processed fish & seafood market worldwide by country 2018, Annual household expenditure on fish and seafood in Canada 2010-2017, Volume of freshwater fish produced in Canada 2010-2019, Volume of shellfish produced in Canada 2010-2019, Industry revenue of “Seafood product preparation and packaging“ in Canada 2012-2024, Quarterly retail sales of fresh fish and other seafood in Canada 2014-2019, Average retail price for canned salmon in Canada 2015-2020, Value of freshwater fish imports in Canada by species 2019, Value of freshwater fish exports from Canada by species 2019, Monthly import value of fish, shellfish and other fishery products Canada 2015-2020, Monthly export value of fish, shellfish and fishery products in Canada 2015-2020, Monthly import value of prepared and packaged seafood products in Canada 2015-2020, Monthly export value of prepared and packaged seafood products in Canada 2015-2020, Volume of fish products available for consumption per person in Canada 1988-2019, Fish products available for consumption per person in Canada by type 1988-2019, Canadians who include or avoid fish/seafood meat in their diet by region 2019, Canadians who include or avoid fish/seafood in their diet by age and gender 2019, Canadians' opinion on their meat and fish consumption 2019, Factors considered by Canadian consumers when purchasing fish and seafood 2020, Number of employees of the fishing, hunting and trapping industry in Canada 2008-2019, Employees of the fishing, hunting and trapping industry in Canada by age 2008-2019, Employees of the fishing, hunting and trapping industry Canada by region 2008-2019, Canada's agriculture, forestry, fishing and hunting by month GDP 2015-2019, Forecast: hunting and trapping service activities revenue Poland 2008-2018, Share of U.S. tourists in Canada participating in hunting and fishing 2001-2010, Forecast: hunting and trapping service activities revenue Austria 2008-2018, U.S. hunting / fishing tourism in Canada yield per day 2001-2010, Monthly gross domestic product for the fishing, hunting and trapping industry in Canada from 2015 to 2019 (in million Canadian dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Learn more about how Statista can support your business. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Total sales that are generated by small- to medium-sized businesses in the fly fishing industry generated about $750 million in revenues annually. About 72,000 people are employed by the fishing industry in Canada in primary harvesting, aquaculture or processing. This percentage represents tangible or intangible property held by businesses for use in the production or supply of goods and services or for rental to others in the regular operations of the business. The world wants Canada’s seafood. 62.1% of them went fishing between 1 and 11 times per year. (May 8, 2020). It excludes loan receivables and some receivables from related parties. In 2015, aquaculture generated over $1 billion in GDP and close to $3 billion in total economic activity. This percentage represents the obligations of an enterprise arising from past transactions or events, the settlements of which may result in the transfer of assets, provision of services or other yielding of economic benefits in the future. It indicates the profitability of a business, relating the total business revenue to the amount of investment committed to earning that income. This percentage represents the net worth of businesses and includes elements such as the value of common and preferred shares, as well as earned, contributed and other surpluses. In order to monitor fisheries-related activities and identify trends over time, Fisheries and Oceans Canada (DFO) collects and compiles statistics related to aquaculture, commercial fisheries, recreational fishing and trade (imports/exports). Total Current Assets / Total Current Liabilities. • The Summary section presents final insights on how fishing, hunting, trapping, and sport shooting affect the Canadian economy, focusing largely on the number of jobs created and the aggregate effect on Canadian GDP. 1 Canadian Wildlife Federation, Lakes & Rivers. Are you interested in testing our corporate solutions? Since 2016, the participation rate has increased by an average of 3.7%, and the number of fly fishing participants has jumped by an average of 4.5%. In 2018, Canada exported a whopping $6.9 billion in fish and seafood products to nearly 140 countries worldwide: 1. Facts, statistics and regulations on Canada’s seal harvest. This ratio is a rough indication of a firm’s ability to service its current obligations. This is a solvency ratio indicating a firm's ability to pay its long-term debts, the amount of debt outstanding in relation to the amount of capital. This figure expresses the average number of days that receivables are outstanding. This feature is limited to our corporate solutions. Sadly, overfishing depleted stocks, and more than once has thrown the industry … Federal jurisdiction over Canada's coastal and inland fisheries dates to the CONSTITUTION ACT of 1867, and a federal fisheries administration has existed, either as a separate department or as a branch of another department or ministry, since that time. It includes obligations such as long-term bank loans and notes payable to Canadian chartered banks and foreign subsidiaries, with the exception of loans secured by real estate mortgages, loans from foreign banks and bank mortgages and other long-term liabilities. ... Canada influenced fishing provisions of the United Nations Convention on the Law of the Sea, which received international approval in 1982, and came into force in 1994. Canada's fishing industry is a key contributor to the success of the Canadian economy. "Monthly Gross Domestic Product for The Fishing, Hunting and Trapping Industry in Canada from 2015 to 2019 (in Million Canadian Dollars). Chart. A comparison of this ratio may indicate the extent of a company’s control over credit and collections. As soon as this statistic is updated, you will immediately be notified via e-mail. We also use third-party cookies that help us analyze and understand how you use this website. Fisheries Policy The management and development of fishing is a significant area of public policy. The Fishing Industry More than 45,000 commercial fish harvesters work Canada’s waters from coast to coast. The marine fishing grounds in the Gulf of Thailand and in the Andaman Sea, within Thailand’s Exclusive Economic Zone, cover a total area of about 316 000 km 2. It reflects the combined effect of both the operating and the financing/investing activities of a business. facts. Examples of such liabilities include accounts payable, customer advances, etc. Then you will be able to mark statistics as favourites and use personal statistics alerts. StatCan. These boats catch premium fish such as bigeye and yellowfin tuna, as well as swordfish and mahi mahi, most of it sold fresh to the restaurant industry. This ratio is also known as "times interest earned.". This is a solvency ratio, which indicates a firm's ability to pay its long-term debts. It’s hard to overstate the importance of lobster to Canada’s seafood industry and of Nova Scotia’s role in the fishery. This percentage represents the total of cash and other resources that are expected to be realized in cash, or sold or consumed within one year or the normal operating cycle of the business, whichever is longer. Biggest companies in the Fishing & Seafood Aquaculture industry in Canada, Collection Period for Accounts Receivable (Days), Revenue to Closing Inventory (Inventory Turnover), Administration & Business Support Services, Professional, Scientific & Technical Services, Specialist Engineering, Infrastructure & Constractors, Market Size Statistics for Fishing & Seafood Aquaculture in Canada. 2 Sustainable Forest Management in Canada, Overview—Canada’s Forests. Purchase this report or a membership to unlock the average company profit margin for this industry. (Net Tangible & Intangible Assets * 100) / Total Assets. *Net Working Capital = Current Assets - Current Liabilities, (Net Profit + Interest & Bank Charges) / Interest & Bank Charges), This ratio calculates the average number of times that interest owing is earned and, therefore, indicates the debt risk of a business. In 2018, 17.4% of participants were new to the category. Lobster- $2.2 billion 2. Accessed December 27, 2020. https://www.statista.com/statistics/848400/gdp-for-fishing-hunting-and-trapping-in-canada/, StatCan. Canadian Industry Statistics (CIS) analyses industry data on many economic indicators using the most recent data from Statistics Canada.CIS looks at industry trends and financial information, such as GDP, Labour Productivity, Manufacturing and Trade data. (Net Profit + Interest and Bank Charges) * 100 / Total Assets. Most operate on the Atlantic coast, fishing from Nunavut to … That’s nothing new; not long after John Cabot relayed the incredible abundance of fish on the Grand Banks back in the late 1400s, Canada zoomed up to a top ranking on the global fishing map. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. However, companies within the same industry may have different terms offered to customers, which must be considered. As a Premium user you get access to background information and details about the release of this statistic. Only 7.9% were avid participants, fishing every week or more. Directly accessible data for 170 industries from 50 countries Rising adoption of fishing as a recreational activity among the people of various age groups in countries including the U.K., Japan, and Australia is expected to promote market growth. This statistic is not included in your account. Statistics. Main exporting countries of fish and fishery products worldwide 2019, Top importers of fish and fishery products worldwide 2019. (Total Current Assets * 100) / Total Assets. , equipment, patents, goodwill, etc Statista can support your.! Pay its long-term debts capital is a significant annual trade surplus, which must be considered relatively profitability! Between 1 and 11 times per year https: //www.dfo-mpo.gc.ca/stats/rec/can/2015/index-eng.html Facts, statistics and on... 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