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TABLE 10: SOURCES AND DISPOSITION OF ONTARIO PERSONAL INCOME

Tables - Annual Data


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.

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