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Ownership structure and financial status of Canadian dairy operations.

The ownership structure and financial status of Canadian dairy farms is described using Statistics Canada 2016 Census of Agriculture data. As herd size increased, family corporation became the most common ownership model after accounting for herd location by region. Regardless of location, gross farm receipts, operating expenses and profit margin increased significantly with herd size. Western Canadian dairies occupied significantly larger land bases and had significantly higher profit margins compared to all other regions. New trade agreements could affect the financial stability of Canada's dairy industry; these data provide a baseline for future comparison.