TABLE 1: ONTARIO GROSS DOMESTIC PRODUCT, INCOME-BASED
Seasonally adjusted data at annual rates, millions of dollars
| |
2010 I |
2010 II |
2010 III |
2010 IV |
2011 I |
2011 II |
2011 III |
2011 IV |
| 1. Wages, salaries and supplementary labour income (domestic basis) |
332,387 |
335,718 |
339,626 |
343,590 |
347,807 |
348,073 |
349,629 |
350,986 |
| Per cent change from previous quarter at quarterly rates. |
1.2 |
1.0 |
1.2 |
1.2 |
1.2 |
0.1 |
0.4 |
0.4 |
| 2. Corporation profits before taxes |
62,065 |
61,145 |
62,867 |
67,831 |
69,933 |
69,208 |
71,556 |
78,157 |
| Per cent change from previous quarter at quarterly rates. |
6.0 |
-1.5 |
2.8 |
7.9 |
3.1 |
-1.0 |
3.4 |
9.2 |
| 3. Interest and miscellaneous investment income |
23,921 |
23,588 |
22,468 |
22,059 |
22,413 |
22,091 |
21,791 |
22,094 |
| Per cent change from previous quarter at quarterly rates. |
-3.9 |
-1.4 |
-4.7 |
-1.8 |
1.6 |
-1.4 |
-1.4 |
1.4 |
| 4. Net income of unincorporated business * |
38,806 |
39,040 |
39,665 |
39,930 |
40,134 |
40,623 |
41,426 |
41,988 |
| Per cent change from previous quarter at quarterly rates. |
1.4 |
0.6 |
1.6 |
0.7 |
0.5 |
1.2 |
2.0 |
1.4 |
| 5. Inventory valuation adjustment |
4,317 |
1,221 |
-1,073 |
-1,449 |
-613 |
-509 |
-483 |
-1,368 |
| 6. Indirect taxes less subsidies |
70,456 |
71,069 |
72,681 |
73,614 |
74,189 |
74,841 |
75,515 |
76,134 |
| Per cent change from previous quarter at quarterly rates. |
1.4 |
0.9 |
2.3 |
1.3 |
0.8 |
0.9 |
0.9 |
0.8 |
| 7. Capital consumption allowances |
75,346 |
75,764 |
76,341 |
77,062 |
77,903 |
79,188 |
80,113 |
81,071 |
| Per cent change from previous quarter at quarterly rates. |
0.9 |
0.6 |
0.8 |
0.9 |
1.1 |
1.6 |
1.2 |
1.2 |
| 8. Statistical discrepancy |
-1,127 |
868 |
-416 |
600 |
-1,601 |
348 |
900 |
-860 |
| 9. Gross Domestic Product at market prices |
606,170 |
608,412 |
612,158 |
623,237 |
630,165 |
633,862 |
640,447 |
648,201 |
| Per cent change from previous quarter at quarterly rates. |
1.7 |
0.4 |
0.6 |
1.8 |
1.1 |
0.6 |
1.0 |
1.2 |
| ** |
6.9 |
1.5 |
2.5 |
7.4 |
4.5 |
2.4 |
4.2 |
4.9 |
| Notes: Per cent change from previous quarter at quarterly rates is given on the second line. |
| * Includes accrued net income of farm operators from farm production. |
| ** Annualized per cent change from previous quarter. |
| Sources: Office of Economic Policy, Ontario Ministry of Finance and Statistic Canada. |