TABLE 10: SOURCES AND DISPOSITION OF ONTARIO PERSONAL INCOME
Millions of dollars
| |
2005 |
2006 |
2007 |
2008
|
| 1. Wages, salaries and supplementary labour income (national basis) |
285,976 |
300,358 |
313,802 |
327,054 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
4.7 |
5.0 |
4.5 |
4.2 |
| 2. Net income of unincorporated business * |
34,819 |
35,328 |
36,075 |
37,016 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
1.8 |
1.5 |
2.1 |
2.6 |
| 3. Interest, dividends and miscellaneous investment income |
47,297 |
52,196 |
57,542 |
58,575 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
5.7 |
10.4 |
10.2 |
1.8 |
| 4. Current transfers from government, corporations and non-residents |
51,233 |
54,283 |
56,797 |
59,362 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
4.9 |
6.0 |
4.6 |
4.5 |
| 5. Equals: Personal income |
419,325 |
442,166 |
464,217 |
482,008 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
4.6 |
5.4 |
5.0 |
3.8 |
| 6. Deduct: Personal direct taxes |
70,412 |
71,291 |
78,178 |
78,265 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
8.7 |
1.2 |
9.7 |
0.1 |
| 7. Other current transfers to government |
29,006 |
30,334 |
31,309 |
31,266 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
4.2 |
4.6 |
3.2 |
-0.1 |
| 8. Equals: Personal disposable income |
319,907 |
340,541 |
354,730 |
372,477 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
3.7 |
6.4 |
4.2 |
5.0 |
| 9. Deduct: Personal expenditure on consumer goods and services |
304,303 |
318,419 |
334,484 |
348,203 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
5.1 |
4.6 |
5.0 |
4.1 |
| 10.Current transfers to corporations |
6,163 |
7,468 |
8,297 |
8,629 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
10.2 |
21.2 |
11.1 |
4.0 |
| 11.Current transfers to non-residents |
1,710 |
1,742 |
2,148 |
2,097 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
18.3 |
1.9 |
23.3 |
-2.4 |
| 12. Equals: Personal saving |
7,731 |
12,912 |
9,802 |
13,549 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
-34.9 |
67.0 |
-24.1 |
38.2 |
| 13.Personal saving rate (percent) |
2.4 |
3.8 |
2.8 |
3.6 |
| 14. Real personal disposable income (millions of chained (2002) dollars) ** |
305,934 |
321,741 |
331,503 |
343,441 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
2.1 |
5.2 |
3.0 |
3.6 |
| 15. Population (thousands) |
12,528 |
12,665 |
12,794 |
12,929 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
1.1 |
1.1 |
1.0 |
1.1 |
| 16. Personal disposable income per capita (dollars) |
25,534 |
26,888 |
27,727 |
28,809 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
2.6 |
5.3 |
3.1 |
3.9 |
| 17. Real personal disposable income per capita (chained (2002) dollars) |
24,419 |
25,403 |
25,912 |
26,564 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
1.2 |
4.0 |
2.0 |
2.5 |
| Notes: Per cent change from previous year is given on the second line. |
| * Includes accrued net income of farm operators from farm production. |
| ** Real personal disposable income is calculated using the implicit price index for personal expenditure. |
| Sources: Office of Economic Policy, Ontario Ministry of Finance and Statistic Canada. |
