Chart 1
Expenses-to-receipts ratio falls from recent highs, Canada, 2011 to 2021

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line chart&8211;Chart1, from 2011 to 2021
Note(s):
Expenses / total cash receipts = Operating expenses after rebates / total cash receipts. (Expenses + depreciation) / (total cash receipts + income in kind) = (Operating expenses after rebates + depreciation) / (total cash receipts + income in kind).
Source(s):
Table 32-10-0052-01.

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Expenses-to-receipts ratio falls from recent highs, Canada, 2011 to 2021, ratio
  Expenses / total cash receipts (Expenses + depreciation) / (total cash receipts + income in kind)
2011 0.77 0.89
2012 0.77 0.88
2013 0.77 0.89
2014 0.76 0.88
2015 0.76 0.88
2016 0.76 0.88
2017 0.76 0.88
2018 0.80 0.92
2019 0.80 0.92
2020 0.76 0.87
2021 0.73 0.84
Note(s):
Expenses / total cash receipts = Operating expenses after rebates / total cash receipts. (Expenses + depreciation) / (total cash receipts + income in kind) = (Operating expenses after rebates + depreciation) / (total cash receipts + income in kind).
Source(s):
Table 32-10-0052-01.
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