Table 1: Ontario Gross Domestic Product (Income-Based), Quarterly Data

Table 1
Ontario Economic Accounts — Quarterly Data, 2015:1-2016:4
Ontario Gross Domestic Product (Income-Based)
Seasonally adjusted data at annual rates, millions of dollars
  2015 Q1 2015 Q2 2015 Q3 2015 Q4 2016 Q1 2016 Q2 2016 Q3 2016 Q4
1. Compensation of employees (domestic basis) 395,764 399,844 403,696 407,827 405,446 408,439 408,940 413,022
Per cent change from previous quarter at quarterly rates 1.6 1.0 1.0 1.0 −0.6 0.7 0.1 1.0
2. Gross operating surplus 177,037 179,862 184,679 187,170 192,255 194,852 204,167 209,875
Per cent change from previous quarter at quarterly rates 0.2 1.6 2.7 1.3 2.7 1.4 4.8 2.8
3. Net operating surplus: corporations 95,192 96,363 98,477 98,717 104,362 106,433 116,858 122,607
Per cent change from previous quarter at quarterly rates −1.7 1.2 2.2 0.2 5.7 2.0 9.8 4.9
4. Consumption of fixed capital: corporations 56,467 57,864 60,043 61,894 61,502 62,189 61,101 60,999
Per cent change from previous quarter at quarterly rates 3.4 2.5 3.8 3.1 −0.6 1.1 −1.7 −0.2
5. Consumption of fixed capital: government and nonprofit institutions 1 25,377 25,635 26,160 26,560 26,390 26,230 26,207 26,268
Per cent change from previous quarter at quarterly rates 0.6 1.0 2.0 1.5 −0.6 −0.6 −0.1 0.2
6. Gross mixed income 83,411 84,079 84,538 85,240 86,736 88,838 87,859 88,759
Per cent change from previous quarter at quarterly rates 0.2 0.8 0.5 0.8 1.8 2.4 −1.1 1.0
7. Net mixed income 61,744 62,136 62,401 62,755 63,844 64,905 65,217 65,862
Per cent change from previous quarter at quarterly rates −0.1 0.6 0.4 0.6 1.7 1.7 0.5 1.0
8. Consumption of fixed capital: unincorporated businesses 21,667 21,943 22,138 22,485 22,892 23,933 22,642 22,897
Per cent change from previous quarter at quarterly rates 1.2 1.3 0.9 1.6 1.8 4.5 −5.4 1.1
9. Taxes less subsidies 88,232 89,855 91,677 93,120 94,228 94,709 95,517 96,178
Per cent change from previous quarter at quarterly rates 1.3 1.8 2.0 1.6 1.2 0.5 0.9 0.7
10. Statistical discrepancy 265 −1,265 1,004 1,725 5,334 −13 −689 −2,723
11. Gross Domestic Product at market prices 744,709 752,375 765,595 775,081 783,998 786,826 795,794 805,110
Per cent change from previous quarter at quarterly rates 0.9 1.0 1.8 1.2 1.2 0.4 1.1 1.2
See footnote 2 3.8 4.2 7.2 5.0 4.7 1.5 4.6 4.8
Table 1
Ontario Economic Accounts — Quarterly Data, 2017:1-2018:3
Ontario Gross Domestic Product (Income-Based)
Seasonally adjusted data at annual rates, millions of dollars
  2017 Q1 2017 Q2 2017 Q3 2017 Q4 2018 Q1 2018 Q2 2018 Q3 2018 Q4
1. Compensation of employees (domestic basis) 419,252 422,833 430,670 440,781 444,881 448,160 451,760
Per cent change from previous quarter at quarterly rates 1.5 0.9 1.9 2.3 0.9 0.7 0.8
2. Gross operating surplus 211,935 204,712 199,252 199,337 200,566 204,222 211,265
Per cent change from previous quarter at quarterly rates 1.0 −3.4 −2.7 0.0 0.6 1.8 3.4
3. Net operating surplus: corporations 124,330 115,091 110,159 108,760 109,299 111,633 117,518
Per cent change from previous quarter at quarterly rates 1.4 −7.4 −4.3 −1.3 0.5 2.1 5.3
4. Consumption of fixed capital: corporations 61,230 62,994 62,562 63,690 64,133 65,076 65,659
Per cent change from previous quarter at quarterly rates 0.4 2.9 −0.7 1.8 0.7 1.5 0.9
5. Consumption of fixed capital: government and nonprofit institutions 3 26,375 26,627 26,531 26,887 27,134 27,513 28,088
Per cent change from previous quarter at quarterly rates 0.4 1.0 −0.4 1.3 0.9 1.4 2.1
6. Gross mixed income 91,189 91,976 92,795 94,520 94,984 96,462 97,282
Per cent change from previous quarter at quarterly rates 2.7 0.9 0.9 1.9 0.5 1.6 0.8
7. Net mixed income 67,503 67,946 68,561 69,518 69,596 70,321 71,218
Per cent change from previous quarter at quarterly rates 2.5 0.7 0.9 1.4 0.1 1.0 1.3
8. Consumption of fixed capital: unincorporated businesses 23,686 24,030 24,233 25,003 25,388 26,141 26,064
Per cent change from previous quarter at quarterly rates 3.4 1.5 0.8 3.2 1.5 3.0 −0.3
9. Taxes less subsidies 97,550 102,273 102,227 103,458 104,245 104,355 105,611
Per cent change from previous quarter at quarterly rates 1.4 4.8 0.0 1.2 0.8 0.1 1.2
10. Statistical discrepancy −164 2,655 −490 −3,541 −2,193 −288 −2,329
11. Gross Domestic Product at market prices 819,762 824,450 824,453 834,555 842,482 852,910 863,588
Per cent change from previous quarter at quarterly rates 1.8 0.6 0.0 1.2 0.9 1.2 1.3
See footnote 4 7.5 2.3 0.0 5.0 3.9 5.0 5.1

Notes: Per cent change from previous quarter at quarterly rates is given on the second line.

[1],[3] Non-profit institutions serving households

[2],[4] Annualized per cent change from previous quarter.

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

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