TABLE 1: ONTARIO GROSS DOMESTIC PRODUCT, INCOME-BASED

Tables - Quarterly Data

TABLE 1: ONTARIO GROSS DOMESTIC PRODUCT, INCOME-BASED
Seasonally adjusted data at annual rates, millions of dollars
  2008 I 2008 II 2008 III 2008 IV 2009 I 2009 II 2009 III 2009 IV
1. Wages, salaries and supplementary labour income (domestic basis) 324,875 327,915 328,359 327,428 324,892 323,023 324,107 328,546
Per cent change from previous quarter at quarterly rates. 0.9 0.9 0.1 -0.3 -0.8 -0.6 0.3 1.4
2. Corporation profits before taxes 65,955 64,940 63,459 56,115 51,624 49,310 53,670 58,544
Per cent change from previous quarter at quarterly rates. -0.9 -1.5 -2.3 -11.6 -8.0 -4.5 8.8 9.1
3. Interest and miscellaneous investment income 23,597 25,200 24,410 23,905 21,964 21,523 22,665 24,880
Per cent change from previous quarter at quarterly rates. 2.7 6.8 -3.1 -2.1 -8.1 -2.0 5.3 9.8
4. Net income of unincorporated business * 34,889 35,462 35,683 35,731 35,926 36,651 37,162 38,265
Per cent change from previous quarter at quarterly rates. 0.4 1.6 0.6 0.1 0.5 2.0 1.4 3.0
5. Inventory valuation adjustment 645 -5,510 -4,975 -328 290 3,504 1,433 1,714
6. Indirect taxes less subsidies 68,318 69,148 69,160 67,666 66,578 67,261 68,273 69,461
Per cent change from previous quarter at quarterly rates. -2.9 1.2 0.0 -2.2 -1.6 1.0 1.5 1.7
7. Capital consumption allowances 70,293 71,225 71,607 72,052 72,619 73,570 73,858 74,641
Per cent change from previous quarter at quarterly rates. 1.4 1.3 0.5 0.6 0.8 1.3 0.4 1.1
8. Statistical discrepancy 1,842 2,018 20 -2,880 -325 -233 1,020 126
9. Gross Domestic Product at market prices 590,413 590,396 587,722 579,689 573,567 574,609 582,187 596,177
Per cent change from previous quarter at quarterly rates. -0.2 0.0 -0.5 -1.4 -1.1 0.2 1.3 2.4
** -0.7 0.0 -1.8 -5.4 -4.2 0.7 5.4 10.0


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.

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