Last Monday, ATB Financial’s Economics & Research Team said that although the potato capital of Canada has historically been Prince Edward Island, thing might be changing. Alberta is now running neck and neck with P.E.I.
According to ATB, “Alberta’s potato production grew again in 2018, and is now virtually tied with P.E.I. at more than 2.23 billion pounds.” Over the past 20 years, Alberta’s production has risen by 132 per cent while P.E.I.’s has fallen by 18 per cent. The other potato producing provinces, Manitoba and New Brunswick, produced 2.0 billion and 1.6 billion pounds in 2018, respectively, said ATB.
“The burgeoning production of potatoes in Alberta demonstrates growing economic diversity in the province. Along with a few other notable crops (particularly cannabis), Alberta’s agriculture and agri-food industry continues to perform well. This is especially welcome news against the backdrop of an energy sector that continues to struggle.”
“Production of vegetables, including potatoes, is likely to expand in 2019 and beyond. Investments in new food manufacturing facilities, such as the new Cavendish Farms processing plant in Lethbridge that’s expected to be completed by the fall of 2019, will encourage more production.”