Climate change will create warmer temperatures, greater precipitation, and longer growing seasons in northern latitudes making agriculture increasingly possible in boreal regions. To assess the potential of any such expansion, this paper provides a first-order approximation of how much land could become suitable for four staple crops (corn, potato, soy, and wheat) in Canada by 2080. In addition, we estimate how the environmental trade-offs of northern agricultural expansion will impact critical ecosystem services. Primarily, we evaluate how the regulatory ecosystem services of carbon storage and sequestration and the habitat services supporting biodiversity would be traded for the provisioning services of food production. Here we show that under climate change projected by Canadian Earth System Model (CanESM2) Representative Concentration Pathway 4.5, ∼1.85 million km 2 of land may become suitable for farming in Canada’s North, which, if utilized, would lead to the release of ∼15 gigatonnes of carbon if all forests and wetlands are cleared and plowed. These land-use changes would also have profound implications for Indigenous sovereignty and the governance of protected and conserved areas in Canada. These results highlight that research is urgently needed so that stakeholders can become aware of the scope of potential economic opportunities, cultural issues, and environmental trade-offs required for agricultural sustainability in Canada.