TABLE 1: ONTARIO GROSS DOMESTIC PRODUCT, INCOME-BASED
Tables - Quarterly Data
| 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. | ||||||||
| 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. | ||||||||


