TABLE 11: SOURCES AND DISPOSITION OF ONTARIO HOUSEHOLD INCOME

TABLE 11
OEA Tables - Annual Data
SOURCES AND DISPOSITION OF ONTARIO HOUSEHOLD INCOME
Millions of dollars
  2012 2013 2014 2015
1. Compensation of employees  (national basis) 356,566 367,928 380,876 396,857
Per cent change from previous year 3.3 3.2 3.5 4.2
2. Plus: net mixed income 58,267 59,253 60,564 62,048
Per cent change from previous year 2.1 1.7 2.2 2.5
3. Non-farm 27,035 26,892 27,148 27,689
Per cent change from previous year -0.4 -0.5 1.0 2.0
4. Farm 941 734 859 873
Per cent change from previous year 2.5 -22.0 17.0 1.6
5. Rental income of households 30,291 31,627 32,557 33,486
Per cent change from previous year 4.5 4.4 2.9 2.9
6. Plus: Net property income 44,278 45,740 48,583 52,876
Per cent change from previous year 6.1 3.3 6.2 8.8
7. Equals: Primary household income 459,111 472,921 490,023 511,781
Per cent change from previous year 3.4 3.0 3.6 4.4
8. Plus: Current transfers received 93,119 98,425 101,411 107,697
Per cent change from previous year 1.0 5.7 3.0 6.2
9. Deduct: Current transfers paid 170,346 173,992 183,303 192,046
Per cent change from previous year 5.2 2.1 5.4 4.8
10. Equals: Household disposable income 381,884 397,354 408,131 427,432
Per cent change from previous year 2.0 4.1 2.7 4.7
11. Deduct: Household final consumption expenditure 382,927 396,734 416,389 432,658
Per cent change from previous year 2.6 3.6 5.0 3.9
12. Plus: Change in pension entitlements 16,971 16,021 17,328 18,169
Per cent change from previous year 0.4 -5.6 8.2 4.9
13. Equals:  Household net saving 15,928 16,641 9,070 12,943
Per cent change from previous year -12.0 4.5 -45.5 42.7
14. Household saving rate (percent) 4.2 4.2 2.2 3.0
15. Population (thousands) 13,410 13,556 13,685 13,797
Per cent change from previous year 1.1 1.1 1.0 0.8
16. Household disposable income per capita (dollars) 28,478 29,312 29,823 30,980
Per cent change from previous year 0.9 3.0 1.7 3.9

Notes: Per cent change from previous year is given on the second line.

Sources: Office of Economic Policy, Ontario Ministry of Finance and Statistic Canada.

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