TABLE 7: ONTARIO GROSS DOMESTIC PRODUCT, INCOME-BASED
Millions of dollars
| |
2007 |
2008 |
2009 |
2010 |
| 1. Wages, salaries and supplementary labour income (domestic basis) |
318,227 |
327,144 |
325,142 |
337,830 |
| Per cent change from previous year. |
4.5 |
2.8 |
-0.6 |
3.9 |
| 2. Corporation profits before taxes |
66,484 |
62,617 |
53,287 |
63,477 |
| Per cent change from previous year. |
1.2 |
-5.8 |
-14.9 |
19.1 |
| 3. Interest and miscellaneous investment income |
22,687 |
24,278 |
22,758 |
23,009 |
| Per cent change from previous year. |
6.7 |
7.0 |
-6.3 |
1.1 |
| 4. 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 |
| 5. Inventory valuation adjustment |
1,619 |
-2,542 |
1,735 |
754 |
| 6. Indirect taxes less subsidies |
70,251 |
68,573 |
67,893 |
71,955 |
| Per cent change from previous year. |
1.5 |
-2.4 |
-1.0 |
6.0 |
| 7. Capital consumption allowances |
68,623 |
71,294 |
73,672 |
76,128 |
| Per cent change from previous year. |
3.8 |
3.9 |
3.3 |
3.3 |
| 8. Statistical discrepancy |
475 |
250 |
147 |
-19 |
| 9. Gross Domestic Product at market prices |
583,946 |
587,055 |
581,635 |
612,494 |
| Per cent change from previous year. |
4.2 |
0.5 |
-0.9 |
5.3 |
| 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. |