TABLE 10: SOURCES AND DISPOSITION OF ONTARIO PERSONAL INCOME
Millions of dollars
| |
2007 |
2008 |
2009 |
2010 |
| 1. Wages, salaries and supplementary labour income (national basis) |
314,175 |
323,088 |
320,991 |
333,506 |
| Per cent change from previous year. |
4.6 |
2.8 |
-0.6 |
3.9 |
| 2. Net income of unincorporated business * |
35,580 |
35,441 |
37,001 |
39,360 |
| Per cent change from previous year. |
0.5 |
-0.4 |
4.4 |
6.4 |
| 3. Interest, dividends and miscellaneous investment income |
58,244 |
59,354 |
55,191 |
54,925 |
| Per cent change from previous year. |
11.5 |
1.9 |
-7.0 |
-0.5 |
| 4. Current transfers from government, corporations and non-residents |
58,052 |
61,334 |
66,878 |
72,257 |
| Per cent change from previous year. |
6.4 |
5.7 |
9.0 |
8.0 |
| 5. Equals: Personal income |
466,051 |
479,217 |
480,061 |
500,048 |
| Per cent change from previous year. |
5.3 |
2.8 |
0.2 |
4.2 |
| 6. Deduct: Personal direct taxes |
78,594 |
77,973 |
71,601 |
72,366 |
| Per cent change from previous year. |
8.9 |
-0.8 |
-8.2 |
1.1 |
| 7. Other current transfers to government |
31,384 |
31,191 |
32,243 |
32,258 |
| Per cent change from previous year. |
4.5 |
-0.6 |
3.4 |
0.0 |
| 8. Equals: Personal disposable income |
356,073 |
370,053 |
376,217 |
395,424 |
| Per cent change from previous year. |
4.6 |
3.9 |
1.7 |
5.1 |
| 9. Deduct: Personal expenditure on consumer goods and services |
334,445 |
348,104 |
349,599 |
368,017 |
| Per cent change from previous year. |
5.1 |
4.1 |
0.4 |
5.3 |
| 10. Current transfers to corporations |
8,465 |
8,983 |
8,324 |
8,899 |
| Per cent change from previous year. |
12.0 |
6.1 |
-7.3 |
6.9 |
| 11. Current transfers to non-residents |
2,151 |
2,152 |
2,142 |
2,146 |
| Per cent change from previous year. |
23.4 |
0.0 |
-0.5 |
0.2 |
| 12. Equals: Personal saving |
11,012 |
10,834 |
16,582 |
18,902 |
| Per cent change from previous year. |
-15.1 |
-1.6 |
53.1 |
14.0 |
| 13. Personal saving rate (percent) |
3.1 |
2.9 |
4.4 |
4.8 |
| 14. Real personal disposable income (millions of chained (2002) dollars) ** |
332,309 |
341,291 |
346,053 |
357,775 |
| Per cent change from previous year. |
3.3 |
2.7 |
1.4 |
3.4 |
| 15. Population (thousands) |
12,793 |
12,935 |
13,073 |
13,228 |
| Per cent change from previous year. |
1.0 |
1.1 |
1.1 |
1.2 |
| 16. Personal disposable income per capita (dollars) |
27,834 |
28,610 |
28,779 |
29,893 |
| Per cent change from previous year. |
3.5 |
2.8 |
0.6 |
3.9 |
| 17. Real personal disposable income per capita (chained (2002) dollars) |
25,976 |
26,386 |
26,471 |
27,047 |
| Per cent change from previous year. |
2.3 |
1.6 |
0.3 |
2.2 |
| 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. |
