TABLE 7: ONTARIO GROSS DOMESTIC PRODUCT, INCOME-BASED
Millions of dollars
| |
2005 |
2006 |
2007 |
2008
|
| 1. Wages, salaries and supplementary labour income (domestic basis) |
289,996 |
304,549 |
318,227 |
331,650 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
4.7 |
5.0 |
4.5 |
4.2 |
| 2. Corporation profits before taxes |
61,808 |
64,999 |
65,195 |
55,920 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
0.4 |
5.2 |
0.3 |
-14.2 |
| 3. Interest and miscellaneous investment income |
20,535 |
21,145 |
23,895 |
24,654 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
15.0 |
3.0 |
13.0 |
3.2 |
| 4. 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 |
| 5. Inventory valuation adjustment |
-362 |
-1,703 |
1,967 |
-2,658 |
| 6. Indirect taxes less subsidies |
67,027 |
69,515 |
71,109 |
70,424 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
3.5 |
3.7 |
2.3 |
-1.0 |
| 7. Capital consumption allowances |
63,721 |
66,065 |
68,281 |
70,563 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
3.5 |
3.7 |
3.4 |
3.3 |
| 8. Statistical discrepancy |
-312 |
-606 |
-84 |
227 |
| 9. Gross Domestic Product at market prices |
537,232 |
559,293 |
584,664 |
587,796 |
| Per cent change from previous quarter at quarterly rates is given on the second line. |
4.1 |
4.1 |
4.5 |
0.5 |
| Notes: Per cent change from previous year is given on the second line. |
| * Includes accrued net income of farm operators from farm production. |
| Sources: Office of Economic Policy, Ontario Ministry of Finance and Statistic Canada. |
