Table 11: Sources and Disposition of Ontario Household Income, Annual Data

Table 11
Ontario Economic Accounts — Annual Data, 2014-2017
Sources and Disposition of Ontario Household Income
Millions of dollars
  2014 2015 2016 2017
1. Compensation of employees  (national basis) 380,572 396,823 403,026 422,160
Per cent change from previous year 3.4 4.3 1.6 4.7
2. Plus: net mixed income 60,962 62,259 64,957 68,382
Per cent change from previous year 2.9 2.1 4.3 5.3
3. Non-farm 27,780 27,965 29,668 31,681
Per cent change from previous year 3.3 0.7 6.1 6.8
4. Farm 861 930 816 1,024
Per cent change from previous year 17.3 8.0 −12.3 25.5
5. Rental income of households 32,321 33,364 34,473 35,677
Per cent change from previous year 2.2 3.2 3.3 3.5
6. Plus: Net property income 47,902 52,495 51,431 53,520
Per cent change from previous year 4.7 9.6 −2.0 4.1
7. Equals: Primary household income 489,436 511,577 519,413 544,062
Per cent change from previous year 3.5 4.5 1.5 4.7
8. Plus: Current transfers received 100,656 108,923 114,931 119,866
Per cent change from previous year 2.3 8.2 5.5 4.3
9. Deduct: Current transfers paid 181,199 191,634 195,444 204,560
Per cent change from previous year 4.1 5.8 2.0 4.7
10. Equals: Household disposable income 408,893 428,866 438,900 459,368
Per cent change from previous year 2.9 4.9 2.3 4.7
11. Deduct: Household final consumption expenditure 416,099 433,616 450,804 473,689
Per cent change from previous year 4.9 4.2 4.0 5.1
12. Plus: Change in pension entitlements 16,074 13,904 13,410 14,636
Per cent change from previous year 0.3 −13.5 −3.6 9.1
13. Equals:  Household net saving 8,868 9,154 1,506 315
Per cent change from previous year −46.7 3.2 −83.5 −79.1
14. Household saving rate (percent) 2.2 2.1 0.3 0.1
15. Population (thousands) 13,680 13,790 13,976 14,193
Per cent change from previous year 0.9 0.8 1.4 1.6
16. Household disposable income per capita (dollars) 29,889 31,101 31,403 32,365
Per cent change from previous year 2.0 4.1 1.0 3.1

Notes: Per cent change from previous year is given on the second line.

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

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