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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
  2006 I 2006 II 2006 III 2006 IV 2007 I 2007 II 2007 III 2007 IV
1. Wages, salaries and supplementary labour income (domestic basis) 299,146 302,190 306,201 310,660 313,771 316,386 318,712 324,037
Per cent change from previous quarter at quarterly rates is given on the second line. 0.9 1.0 1.3 1.5 1.0 0.8 0.7 1.7
2. Corporation profits before taxes 62,720 63,500 65,181 68,594 66,867 65,087 64,866 63,958
Per cent change from previous quarter at quarterly rates is given on the second line. -0.1 1.2 2.6 5.2 -2.5 -2.7 -0.3 -1.4
3. Interest and miscellaneous investment income 21,408 21,584 20,948 20,640 22,191 23,592 24,571 25,225
Per cent change from previous quarter at quarterly rates is given on the second line. -3.7 0.8 -2.9 -1.5 7.5 6.3 4.1 2.7
4. Net income of unincorporated business * 35,274 35,327 35,237 35,476 35,989 36,417 36,137 35,757
Per cent change from previous quarter at quarterly rates is given on the second line. 0.9 0.2 -0.3 0.7 1.4 1.2 -0.8 -1.1
5. Inventory valuation adjustment -618 -831 -1,677 -3,684 -470 3,428 2,289 2,622
6. Indirect taxes less subsidies 68,951 69,865 69,200 70,043 70,639 71,315 71,307 71,176
Per cent change from previous quarter at quarterly rates is given on the second line. 2.3 1.3 -1.0 1.2 0.9 1.0 0.0 -0.2
7. Capital consumption allowances 65,068 65,666 66,385 67,139 67,634 68,158 68,426 68,906
Per cent change from previous quarter at quarterly rates is given on the second line. 0.8 0.9 1.1 1.1 0.7 0.8 0.4 0.7
8. Statistical discrepancy -409 295 -885 -1,425 -1,586 -478 418 1,308
9. Gross Domestic Product at market prices 551,540 557,596 560,591 567,443 575,035 583,906 586,727 592,989
Per cent change from previous quarter at quarterly rates is given on the second line. 1.0 1.1 0.5 1.2 1.3 1.5 0.5 1.1
** 3.9 4.5 2.2 5.0 5.5 6.3 1.9 4.3
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.


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) 328,615 331,634 332,955 333,395 329,614 326,128 - -
Per cent change from previous quarter at quarterly rates is given on the second line. 1.4 0.9 0.4 0.1 -1.1 -1.1 - -
2. Corporation profits before taxes 61,267 60,209 59,165 43,040 33,983 30,261 - -
Per cent change from previous quarter at quarterly rates is given on the second line. -4.2 -1.7 -1.7 -27.3 -21.0 -11.0 - -
3. Interest and miscellaneous investment income 25,633 25,433 23,976 23,575 21,903 21,473 - -
Per cent change from previous quarter at quarterly rates is given on the second line. 1.6 -0.8 -5.7 -1.7 -7.1 -2.0 - -
4. Net income of unincorporated business * 36,298 36,764 37,388 37,616 37,665 38,269 - -
Per cent change from previous quarter at quarterly rates is given on the second line. 1.5 1.3 1.7 0.6 0.1 1.6 - -
5. Inventory valuation adjustment -199 -1,979 -4,147 -4,309 578 3,850 - -
6. Indirect taxes less subsidies 69,989 70,478 70,894 70,334 68,896 69,132 - -
Per cent change from previous quarter at quarterly rates is given on the second line. -1.7 0.7 0.6 -0.8 -2.0 0.3 - -
7. Capital consumption allowances 69,740 70,257 70,758 71,496 72,323 72,905 - -
Per cent change from previous quarter at quarterly rates is given on the second line. 1.2 0.7 0.7 1.0 1.2 0.8 - -
8. Statistical discrepancy 858 -436 -632 1,121 -681 -1,888 - -
9. Gross Domestic Product at market prices 592,202 592,358 590,356 576,268 564,282 560,131 - -
Per cent change from previous quarter at quarterly rates is given on the second line. -0.1 0.0 -0.3 -2.4 -2.1 -0.7 - -
** -0.5 0.1 -1.3 -9.2 -8.1 -2.9 - -
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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