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TABLE 1: ONTARIO GROSS DOMESTIC PRODUCT, INCOME-BASED

Tables - Quarterly Data


TABLE 1: ONTARIO GROSS DOMESTIC PRODUCT, INCOME-BASED
Seasonally adjusted data at annual rates, millions of dollars
  2004 I 2004 II 2004 III 2004 IV 2005 I 2005 II 2005 III 2005 IV

1. Wages, salaries and supplementary labour income (domestic basis) 270,918 274,915 277,777 278,117 283,112 287,555 291,126 295,187
Per cent change from previous quarter at quarterly rates is given on the second line. 1.6 1.5 1.0 0.1 1.8 1.6 1.2 1.4
2. Corporation profits before taxes 59,872 64,459 63,846 68,428 63,253 62,263 61,338 62,826
Per cent change from previous quarter at quarterly rates is given on the second line. 9.7 7.7 -1.0 7.2 -7.6 -1.6 -1.5 2.4
3. Interest and miscellaneous investment income 17,283 17,754 18,269 18,342 18,923 19,455 20,474 21,142
Per cent change from previous quarter at quarterly rates is given on the second line. 0.3 2.7 2.9 0.4 3.2 2.8 5.2 3.3
4. Net income of unincorporated business * 33,591 34,151 34,329 34,413 34,558 34,651 34,789 34,886
Per cent change from previous quarter at quarterly rates is given on the second line. 2.8 1.7 0.5 0.2 0.4 0.3 0.4 0.3
5. Inventory valuation adjustment -2,400 -2,011 -80 943 -556 -1,839 1,123 -523
6. Indirect taxes less subsidies 62,852 64,245 65,520 66,617 66,889 67,772 68,196 68,335
Per cent change from previous quarter at quarterly rates is given on the second line. 1.3 2.2 2.0 1.7 0.4 1.3 0.6 0.2
7. Capital consumption allowances 60,643 61,404 62,043 62,878 63,177 63,361 63,993 64,589
Per cent change from previous quarter at quarterly rates is given on the second line. 0.9 1.3 1.0 1.3 0.5 0.3 1.0 0.9
8. Statistical discrepancy 144 -556 156 -443 706 122 -363 -2,888
9. Gross Domestic Product at market prices 502,903 514,194 521,860 528,210 530,062 533,340 540,676 543,554
Per cent change from previous quarter at quarterly rates is given on the second line. 1.3 2.2 1.5 1.2 0.4 0.6 1.4 0.5
Annualized per cent change from previous quarter. ** 5.3 9.3 6.1 5.0 1.4 2.5 5.6 2.1
Notes: Per cent change from previous quarter at quarterly rates is given on the second line.
* Includes accrued net income of farm operators from farm production.
** Annualized per cent change from previous quarter.
Sources: Office of Economic Policy, Ontario Ministry of Finance and Statistic Canada.



TABLE 1: ONTARIO GROSS DOMESTIC PRODUCT, INCOME-BASED
Seasonally adjusted data at annual rates, millions of dollars
  2006 I 2006 II 2006 III 2006 IV 2007 I 2007 II 2007 III 2007 IV

1. Wages, salaries and supplementary labour income (domestic basis) 297,529 300,326 303,572 307,693 311,857 315,192 317,974 322,563
Per cent change from previous quarter at quarterly rates is given on the second line. 0.8 0.9 1.1 1.4 1.4 1.1 0.9 1.4
2. Corporation profits before taxes 61,224 62,802 64,756 68,846 69,034 68,864 70,722 71,202
Per cent change from previous quarter at quarterly rates is given on the second line. -2.5 2.6 3.1 6.3 0.3 -0.2 2.7 0.7
3. Interest and miscellaneous investment income 20,848 20,742 20,250 20,324 21,663 22,524 22,330 22,367
Per cent change from previous quarter at quarterly rates is given on the second line. -1.4 -0.5 -2.4 0.4 6.6 4.0 -0.9 0.2
4. Net income of unincorporated business * 34,910 34,929 34,956 35,069 35,890 36,779 36,946 37,361
Per cent change from previous quarter at quarterly rates is given on the second line. 0.1 0.1 0.1 0.3 2.3 2.5 0.5 1.1
5. Inventory valuation adjustment 121 -222 -691 -2,907 -951 2,707 1,502 2,072
6. Indirect taxes less subsidies 70,008 71,244 70,541 70,939 72,307 73,483 74,100 74,559
Per cent change from previous quarter at quarterly rates is given on the second line. 2.4 1.8 -1.0 0.6 1.9 1.6 0.8 0.6
7. Capital consumption allowances 65,128 65,727 66,308 66,881 67,788 68,700 69,398 70,264
Per cent change from previous quarter at quarterly rates is given on the second line. 0.8 0.9 0.9 0.9 1.4 1.3 1.0 1.2
8. Statistical discrepancy -497 751 -442 -530 -1,715 -1,837 -1,941 -1,288
9. Gross Domestic Product at market prices 549,271 556,299 559,250 566,315 575,873 586,411 591,032 599,100
Per cent change from previous quarter at quarterly rates is given on the second line. 1.1 1.3 0.5 1.3 1.7 1.8 0.8 1.4
Annualized per cent change from previous quarter. ** 4.3 5.2 2.1 5.2 6.9 7.5 3.2 5.6
Notes: Per cent change from previous quarter at quarterly rates is given on the second line.
* Includes accrued net income of farm operators from farm production.
** Annualized per cent change from previous quarter.
Sources: Office of Economic Policy, Ontario Ministry of Finance and Statistic Canada.

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