Table I.5 Revisions to income aggregates

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Reference period Initial estimate1 Previous estimate2 Revised estimate3 Current revision4 Cumulative revision5
millions of current dollars
Wages, salaries and supplementary labour income
2005 678,925 695,093 695,093 0 16,168
2006 730,075 743,313 743,392 79 13,317
2007 782,290 788,357 784,839 -3,518 2,549
2008 827,029 827,029 823,116 -3,913 -3,913
Corporation profits before taxes
2005 193,936 185,895 186,585 690 -7,351
2006 200,338 196,719 196,130 -589 -4,208
2007 210,426 203,231 204,131 900 -6,295
2008 216,184 216,184 215,799 -385 -385
Government business enterprise profits before taxes
2005 13,370 15,323 15,293 -30 1,923
2006 13,733 14,638 14,572 -66 839
2007 15,455 15,539 15,725 186 270
2008 15,703 15,703 15,575 -128 -128
Interest and miscellaneous investment income
2005 61,240 61,247 61,421 174 181
2006 63,418 66,421 66,741 320 3,323
2007 68,684 71,515 71,847 332 3,163
2008 79,693 79,693 81,484 1,791 1,791
Accrued net income of farm operators from farm production
2005 1,551 1,098 1,210 112 -341
2006 326 -154 -44 110 -370
2007 582 110 433 323 -149
2008 2,527 2,527 2,808 281 281
Net income of non-farm unincorporated business, including rent
2005 84,666 83,955 84,024 69 -642
2006 87,412 86,540 86,651 111 -761
2007 89,777 90,363 89,974 -389 197
2008 95,009 95,009 93,438 -1,571 -1,571
Inventory valuation adjustment
2005 -442 -907 -730 177 -288
2006 -1,809 -2,407 -3,233 -826 -1,424
2007 2,968 3,272 2,947 -325 -21
2008 -6,334 -6,334 -6,085 249 249
Taxes less subsidies, on factors of production
2005 59,961 61,846 61,982 136 2,021
2006 63,351 64,580 64,691 111 1,340
2007 66,949 67,921 67,948 27 999
2008 70,884 70,884 70,342 -542 -542
Taxes less subsidies, on products
2005 94,750 93,621 93,302 -319 -1,448
2006 97,229 96,260 95,761 -499 -1,468
2007 100,133 99,428 98,495 -933 -1,638
2008 95,680 95,680 94,675 -1,005 -1,005
Capital consumption allowances
2005 181,427 175,961 176,246 285 -5,181
2006 185,505 185,206 185,408 202 -97
2007 193,814 195,229 195,712 483 1,898
2008 206,684 206,684 207,520 836 836

1. For annual data, the initial estimate is from the fourth quarter of the corresponding year.

2. For 2005, 2006 and 2007, the previous estimate is the one released with the first quarter of 2008, while for 2008 it is from the fourth quarter issue of 2008.

3. The revised estimates are the result of the first quarter of 2009.

4. The current revision is the revised estimate less the previous estimate.

5. The cumulative revision is the revised estimate less the initial estimate.

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