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Canadian economic accounts key indicators1
Fourth quarter 2006
First quarter 2007
Second quarter 2007
Third quarter 2007
Fourth quarter 2007
First quarter 2008
2006
2007
Seasonally adjusted at annual rates
$ millions at current prices
Gross domestic product (GDP) by income and by expenditure
Wages, salaries and supplementary labour income
758,824
774,960
786,392
789,224
802,852
814,984
743,313
788,357
1.6
2.1
1.5
0.4
1.7
1.5
6.9
6.1
Corporation profits before taxes
198,584
200,572
202,740
204,784
204,828
209,704
196,719
203,231
-0.9
1.0
1.1
1.0
0.0
2.4
5.8
3.3
Interest and miscellaneous investment income
65,636
68,756
72,056
72,492
72,756
74,584
66,421
71,515
-1.7
4.8
4.8
0.6
0.4
2.5
8.4
7.7
Net income of unincorporated business
87,676
89,044
90,272
90,716
91,860
94,116
86,386
90,473
1.2
1.6
1.4
0.5
1.3
2.5
1.6
4.7
Taxes less subsidies
159,844
163,276
167,052
168,500
170,568
166,748
160,840
167,349
0.4
2.1
2.3
0.9
1.2
-2.2
3.5
4.0
Personal disposable income
865,936
886,212
890,088
902,088
915,164
934,096
849,590
898,388
1.5
2.3
0.4
1.3
1.4
2.1
7.0
5.7
Personal saving rate2
3.3
3.9
2.3
2.5
1.9
2.8
3.1
2.7
...
...
...
...
...
...
...
...
millions of chained (2002) dollars
Personal expenditure on consumer goods and services
765,295
772,440
783,339
791,358
805,760
812,166
754,179
788,224
0.8
0.9
1.4
1.0
1.8
0.8
4.3
4.5
Government current expenditure on goods and services
251,708
253,550
255,245
259,691
263,357
265,060
248,777
257,961
0.9
0.7
0.7
1.7
1.4
0.6
3.8
3.7
Gross fixed capital formation
305,489
307,457
311,144
315,381
318,319
318,274
301,263
313,075
1.2
0.6
1.2
1.4
0.9
-0.0
7.1
3.9
Investment in inventories
1,455
6,004
5,618
20,579
20,580
3,420
10,723
13,195
...
...
...
...
...
...
...
...
Exports of goods and services
508,219
509,189
512,307
510,840
501,112
495,842
503,322
508,362
1.2
0.2
0.6
-0.3
-1.9
-1.1
0.6
1.0
Imports of goods and services
546,631
548,079
554,726
581,348
593,526
578,055
539,784
569,420
-0.1
0.3
1.2
4.8
2.1
-2.6
4.6
5.5
GDP at market prices
1,292,881
1,305,843
1,318,339
1,325,934
1,328,606
1,327,452
1,284,819
1,319,681
0.5
1.0
1.0
0.6
0.2
-0.1
3.1
2.7
GDP by industry
millions of chained (2002) dollars
Goods producing industries
373,421
378,296
379,987
379,254
375,599
369,894
375,489
378,284
-0.3
1.3
0.4
-0.2
-1.0
-1.5
1.2
0.7
Industrial production
271,364
275,382
277,214
276,033
272,350
266,745
274,357
275,245
-0.8
1.5
0.7
-0.4
-1.3
-2.1
-0.2
0.3
Energy sector
84,925
86,749
87,590
87,625
86,826
86,486
85,876
87,198
-2.0
2.1
1.0
0.0
-0.9
-0.4
1.0
1.5
Manufacturing
183,590
185,663
186,570
184,943
181,951
176,403
186,631
184,782
-0.7
1.1
0.5
-0.9
-1.6
-3.0
-1.0
-1.0
Non-durable manufacturing
73,355
72,592
73,248
72,738
71,346
69,871
74,329
72,481
-0.9
-1.0
0.9
-0.7
-1.9
-2.1
-1.9
-2.5
Durable manufacturing
110,392
113,299
113,536
112,414
110,819
106,708
112,470
112,517
-0.6
2.6
0.2
-1.0
-1.4
-3.7
-0.3
0.0
Construction
75,536
76,271
76,502
77,274
77,491
77,725
74,087
76,884
1.6
1.0
0.3
1.0
0.3
0.3
8.1
3.8
Services producing industries
827,148
834,678
843,140
850,897
856,745
861,018
818,862
846,365
0.6
0.9
1.0
0.9
0.7
0.5
3.8
3.4
Wholesale trade
68,298
69,335
70,547
72,308
73,238
73,162
68,383
71,357
-1.4
1.5
1.7
2.5
1.3
-0.1
7.1
4.3
Retail trade
69,847
71,264
72,874
73,321
74,200
75,042
69,015
72,915
0.3
2.0
2.3
0.6
1.2
1.1
6.0
5.7
Transportation and warehousing
55,683
55,940
56,252
56,775
56,547
56,429
55,501
56,379
0.2
0.5
0.6
0.9
-0.4
-0.2
3.2
1.6
Finance, insurance, real estate and renting
234,023
236,753
239,154
241,265
243,063
244,728
230,362
240,059
1.1
1.2
1.0
0.9
0.7
0.7
3.8
4.2
Information and communication technologies
55,151
55,866
56,761
57,011
57,420
57,504
54,485
56,765
0.7
1.3
1.6
0.4
0.7
0.1
4.3
4.2
... figures not applicable
1. The first line is the series itself expressed in millions of dollars, seasonally adjusted at annual rates. The second line is the quarter to quarter percentage change at quarterly rates.
2. Actual rate.
Monthly gross domestic product by industry at basic prices, chained (2002) dollars
October 2007r
November 2007r
December 2007r
January 2008r
February 2008r
March 2008p
Seasonally adjusted
month-to-month % change
All industries
0.3
0.0
-0.7
0.6
-0.3
-0.2
Goods-producing industries
0.1
-0.3
-1.8
0.5
-0.5
-1.0
Service-producing industries
0.4
0.2
-0.2
0.6
-0.2
0.2
Industrial production
0.2
-0.5
-2.3
0.7
-0.8
-1.4
Manufacturing
0.8
-0.7
-3.2
1.0
-1.2
-2.5
Wholesale trade
1.5
0.1
-2.3
2.9
-1.9
-0.6
Energy sector
-0.6
0.0
-1.2
0.9
-0.8
0.3