Saturday, October 31, 2015

Ontario Posts 2015 Second Quarter GDP Growth of 1.4%, Revises Up First Quarter GDP to 0%, First Half GDP Per Capita Negative

Ontario posted their second quarter GDP numbers over at the Finance Ministry site. It was 0.4% or 1.4% annualized. Interestingly the first quarter GDP number has been raised to 0.0%, when originally it was -0.2% on an annualized basis, so that's a small positive. With the positive growth in the second quarter Ontario didn't meet the technical definition of a recession of two successive negative quarters.

With growth of 0% and 1.4% in the first two quarters of 2015, that works out to to approximately 0.7% GDP growth in the first half of 2015. That's obviously not that impressive and goes against the narrative that while Alberta is doing poorly, Ontario is doing well. Considering that population growth is around 0.9% annually that means that Ontario actually had a slightly negative GDP per capita in the first half of 2015. That will have implications for Ontario government tax revenues and the deficit.

The finance ministry blamed poor first quarter growth on "unusually harsh weather, supply chain disruptions from the U.S. west coast port labour dispute and retooling at some of Ontario’s auto assembly plants." At the risk of sounding like the Ontarian Zerohedge, winter is cold and snowy in the first quarter and isn't really a surprise. Blaming US west coast stevedores also seems like a bit of a reach. 

Some interesting quotes from the finance ministry on the second quarter:

"Capital spending on machinery and equipment decreased 4.9%, the third consecutive quarterly decline, while investment in non-residential construction advanced 4.1%, following a 1.5% increase in the first quarter."

"Businesses increased inventories by $5.8 billion, slowing from an accumulation of $8.4 billion in the first quarter."

"Both exports (+0.7%) and imports (+0.4%) advanced in the second quarter, rebounding from first quarter declines."

The decline in spending on machinery and equipment is depressing given its importance for productivity growth for Ontario and GDP growth per capita.  The inventories increasing is also interesting as eventually they will have to normalize. The exports increasing is good although considering the low dollar I'm not sure it is that impressive.

Compared to Canada's overall performance, GDP decreased 0.8% in the first quarter and 0.5% in the second quarter on an annualized basis. So Ontario's growth was 0.8% more than Canada's in the first quarter and 0.9% in the second quarter. In the second quarter, GDP growth in the US was a strong 3.9%, and contracted 0.2% on an annualized basis in the first quarter.

Given that the current Ontario budget document is predicting 2.7% GDP growth in 2015, that seems highly unlikely with around 0.7% growth in the first half. That would require growth of 4.7% in the second half of 2015 which I think most would agree isn't going to happen.

What's next for the third quarter? The initial estimate of the US third quarter growth is 1.5% annualized which is Ontario's largest export market. There are predictions of third quarter growth for Canada of 2.5%, so Ontario as such a large part of the Canadian economy shouldn't be too far off of that. Although oddly the third quarter jobs numbers for Ontario was quite poor, while the second quarter was actually quite good.

Wednesday, October 21, 2015

Bank of Canada Lowers GDP Growth Projections for Canada for 2016 and 2017

So the Bank of Canada announced today that interest rates would stay the same, which wasn't that much of a surprise. Perhaps more surprisingly, the BoC cut their GDP growth projections for 2016 and 2017. The GDP growth was cut to 2.0% from 2.3% in 2016 and 2.5% from 2.6% in 2017. The 2015 number remained at 1.1%.

I'm not particularly surprised, considering that I don't think that the Ontario economy in its present condition with low productivity growth can grow much past 2% a year. The current Ontario budget predicts growth of 2.7% in 2015, which will be impossible to meet now, with negative growth in the first quarter for Ontario and 1.1% GDP now predicted for the entire country. Job growth in Ontario in 2015 has also been almost non-existent. The budget also predicts GDP growth of 2.6% in 2016, which considering the large part of the economy Ontario makes up of the whole country and growth for the whole country is predicted at 2.0%, seems unlikely. That will have knock on effects on the Ontario budget revenues.

Ontario should be releasing second quarter numbers for GDP soon, which should be interesting.

Monday, October 19, 2015

Ontario Peak Electricity Prices Rise 8.7% November 1st 2015, 25% Year on Year, 29.6% in 18 Months

This Global News article reports on the price rises in electricity that occur at the start of November:

"Under the new rules, off-peak hours will increase 0.3 cents to 8.3 cents per kWh, mid-peak hours will increase 0.6 cents to 12.8 cents per kWh and on-peak hours will increase 1.4 cents to 17.5 cents per kWh."

Curiously they can't be bothered to say what the percentage increases are. Peak time prices are actually rising 8.7%, which is quite massive considering that Ontario's inflation is between 1% and 2% and that the price increase follows the one in May, thus it is a 8.7% increase in only six months. Mid-peak prices increased by 4.9% and off-peak prices increased by 3.75%.

Perhaps more curiously the article couldn't be bother to figure out what the year on year increases were. I enumerated the recent price increases in electricity in Ontario in this post. The year on year increase in peak pricing in Ontario for November 1st will be  3.5 cents from 14 to 17.5 cents. That's a 25% year on year increase which obviously is way above inflation. For mid-peak, the increase is 1.4 cents, from 11.4 cents to 12.8 cents, a 12.2% increase. For off-peak pricing, the increase  is 0.6 cents from 7.7 to 8.3 cents, a 7.8% increase year over year. 

So it would seem the Liberal government of Kathleen Wynne is trying to increase prices of peak electricity relative to off-peak, trying to shift consumption to off peak periods (between 7 pm and 7 am during the November to April time period). 

However that's not all. What about the increase over 18 months? On peak pricing increased from 13.5 cents to 17.5 cents, a 4 cent increase or a 29.6% increase over 18 months. Mid-peak prices increased 1.2 cents from 11.2 cents to 12.8 cents or a 14.3% over 18 months. Off-peak pricing increased from 7.5 cents to 8.3 cents, a 0.8 cents increase over 18 months, or 9.4% in percentage terms.

Why the media can't be bothered to go back and look at the increases beyond just the most immediate is somewhat surprising to me. I'm not sure if the reporters are lazy or they are complicit with government and just don't want people to be aware. Probably lazy. One of these days I'll go back and look farther back at electricity price increases in Ontario over the past five years as I'm sure the chart would be interesting.  

Sunday, October 18, 2015

Canada Versus Australia Versus New Zealand Versus Ontario Productivity Growth

With low GDP growth in Ontario since basically the Harris years and population growth close to 1% annually, that pretty much means productivity growth has been low for a long time. That's not surprising, considering the collapse of manufacturing in Ontario (mainly automotive) and a switch to a low productivity growth services based economy.

With regards to that, there's a blog post the blog Utopia - You Are Standing In It comparing productivity in Australia, Canada and New Zealand. The blog post is entitled "Is Canada diverging from Australia in labour productivity to become like New Zealand?" It shows an excellent chart of GDP per capita (actually those from 15 to 64) from 1956 to 2013 for Australia, Canada and New Zealand. After starting at a similar level (which surprised me for New Zealand which I thought would have been lower in 1956), Australia and Canada diverge from New Zealand. However from 2000, Australia diverges higher from Canada. The year 2008 seems to be a particularly bad year for Canada versus Australia, likely due to manufacturing collapse in Ontario.

I would like to see the numbers for 2014 and the first half of 2015 for Canada versus Australia as the recent slowdown of China and coal mining would appear to cause some problems for Australia.

However what I would like to see most is Ontario added to the chart because I think it would illuminate the post 2000 period where Canada diverged from Australia, as Ontario was the drag on the Canadian economy. 

Saturday, October 17, 2015

Alberta Actually Has Created More Jobs Per Capita in 2015 Than Ontario

I recently made a post about the September 2015 jobs numbers, mainly emphasizing that for Ontario they weren't good, either for the month or year to date. I compared the numbers for Ontario and Alberta.

However looking again at the year to date numbers, 23,000 jobs created in Ontario versus 15,000 in Alberta it occurred to me that while the Ontario ones were higher, on a per capita basis, they probably weren't. And sure enough dividing by the Statscan population numbers for Ontario and Alberta (13,792,052 and 4,196,457 for the third quarter respectively), Ontario created 0.00166763 jobs per capita in 2015 so far versus 0.0035744 in Alberta.

So the narrative that Alberta is totally in the tank economically while Ontario isn't doesn't seem to be particularly true at least in job creation terms. 

Sunday, October 11, 2015

Ontario's September 2015 Employment Numbers. Not Good.

So the jobs numbers for September came out from Statscan. For all of Canada, employment went up a mediocre 12,100 jobs. Unfortunately for Ontario, employment went down by a relatively massive 33,800 jobs (oddly Alberta gained 12,300 jobs in September). That follows a smaller loss of 3,900 jobs in August. July's employment numbers were unchanged. So by any measure, that's a pretty stagnant three month period for jobs in Ontario.

One wonders how that will end up showing up in the third quarter GDP numbers. By comparison, for the January, February and March period, jobs went up by 17,100 even though the GDP number was negative for the first quarter. That suggests to me that the third quarter GDP number for Ontario could also be negative (note that the Atlanta Fed's GDPNow model is predicting only 1% GDP growth in the third quarter for the US, Ontario's primary export market).

Obviously the monthly and three months numbers, aren't good for Ontario, what about the entire year's? Since the start of the year, Ontario's jobs numbers are up 23,000, which isn't terrible, but certainly not particularly good either. However, Canada's number is 126,600 since the start of the year, so Ontario's portion is way below its share of Canada's population.

There was also some bad news in terms of the composition of the jobs in Ontario in September. Full-time jobs were down by 67,700 compared to an increase of 34,000 part-time jobs. I'm not sure if there's a statistical aberration with the full-time versus part-time numbers or what. Over the full year, the full-time number is much better, a gain of 67,800 jobs versus a loss of 44,800 part-time jobs.

When Will the Electricity Price Increases For November 2015 Be Announced For Ontario?

Electricity prices are change May 1st and November 1st in Ontario. In theory they could go down, but obviously lately they have gone up quite rapidly. It is now October 11, so we are getting close to the point that the increases should be announced.

For the last increase, I found a CBC article dated April 20th, so likely around October 20th. Conveniently for the federal Liberals, that's after the October 19th federal poll. sdfds

This blog post of mine describes the Ontario electricity price increases in May 2015:

"For on peak pricing, the price per kWh is increasing on May 1st from 14 cents to 16.1 cents, a 2.1 cent increase or 15%. The on peak increase on November 1st was from 13.5 cents to 14 cents, a 3.7 increase. Thus the year over year increase, from 13.5 cents to 16.1 cents, is 2.6 cents or a 19.2% increase which is obviously significantly more than Ontario's inflation rate.

For mid-peak, prices will increase on May 1st from 11.4 cents to 12.2 cents, a 0.8 cents increase or 7%. On November 1st, the price increase from 11.2 cents to 11.4 cents, only a 1.8 percent increase. Year on year the increase was 1 cent or an 8.9% increase, again significantly above Ontario's inflation rate.

Finally for off-peak, the increase on May 1st is 0.3 cents, from 7.7 cents to 8 cents, a 3.9% increase. On November 1st, the price increased from 7.5 cents  to 7.7 cents, a 0.2 cent increase or a 2.7% increase. Year over year the increase was 0.5 cents from 7.5 to 8 cents, a 6.7% increase, which is well above Ontario's inflation but nowhere near the massive increase in on peak pricing."

What can we expect for this November? Perhaps 3.5 to 4% overall, with different increases for the different periods. With wind production up and peaking overnight, keeping off-peak rates low relative to peak pricing makes a lot of sense. 

Sunday, October 4, 2015

Ontario Hospitals 2014 Sunshine Data and Analysis

Here are some statistics and analysis of Ontario 2014 sunshine data (released in March 2015) for Ontario hospitals. 

The total number of individuals on these sunshine lists is 9298. 

The total amount of salaries earned by those on the lists is $1,255,283,663.41. 

The average salary for a hospital employee on the lists is $135,005.77. 

The following statistics for each hospital, show the number of employees, the average salary for someone on the list and the total salaries for those on the list for the hospital. The link for each hospital goes to detailed data for each hospital, including individual sunshine list information, as well as the top ten, twenty five or fifty, for salary for each institution. 

Alexandra Hospital, Ingersoll 4, $110,121.26, $440,485.05
Alexandra Marine & General Hospital 4, $123,849.15, $495,396.59
Almonte General Hospital 9, $118,299.89, $1,064,699.01
Arnprior Regional Health 4, $128,879.07, $515,516.29
Atikokan General Hospital 3, $119,740.98, $359,222.95
Baycrest Centre for Geriatric Care 87, $153,472.45, $13,352,103.06
Blind River District Health Centre / Pavillon Santé du District de Blind River 7, $118,298.15, $828,087.08
Bluewater Health 41, $125,823.53, $5,158,764.73
Board of Health for Simcoe Muskoka District Health Unit 12, $136,557.23, $1,638,686.71
Board of Health for the District of Algoma Health Unit 8, $128,584.29, $1,028,674.32
Board of Health for the Northwestern Health Unit / Le conseil de Santé pour l'Unité de Santé du nord-ouest 9, $127,871.94, $1,150,847.49
Board of Health for the Peterborough County-City Health Unit 4, $161,028.40, $644,113.62
Board of Health for Timiskaming Health Unit 2, $177,210.50, $354,421.00
Brant Community Healthcare System 45, $136,565.08, $6,145,428.71
Brant County Health Unit 5, $166,612.79, $833,063.95
Bridgepoint Hospital 28, $154,344.55, $4,321,647.50
Brockville General Hospital 20, $122,957.73, $2,459,154.50
Cambridge Memorial Hospital 43, $136,850.13, $5,884,555.74
Campbellford Memorial Hospital 6, $122,968.71, $737,812.26
Carleton Place & District Memorial Hospital 1, $137,007.00, $137,007.00
Casey House Hospice / Casey House, Foyer de Soins Palliatifs 5, $135,245.51, $676,227.57
Centre for Addiction & Mental Health / Centre de toxicomanie et de santé mentale 245, $126,816.49, $31,070,040.42
Chatham-Kent Health Alliance 42, $127,662.36, $5,361,819.15
Children's Hospital of Eastern Ontario / Centre hospitalier pour enfants de l'est de l'Ontario 102, $135,544.38, $13,825,526.38
Collingwood General & Marine Hospital 17, $118,648.91, $2,017,031.55
Cornwall Community Hospital / Hôpital Communautaire de Cornwall 66, $116,279.05, $7,674,417.58
Deep River & District Hospital 5, $123,591.67, $617,958.34
Dryden Regional Health Centre / Centre régional de santé de Dryden 9, $117,949.36, $1,061,544.21
Eastern Ontario Health Unit 6, $154,047.40, $924,284.39
Elgin St. Thomas Health Unit 3, $119,904.33, $359,713.00
Englehart & District Hospital Inc. / Hôpital d'Englehart et du District 3, $125,114.55, $375,343.66
ErinoakKids Centre for Treatment & Development 16, $147,080.53, $2,353,288.49
Espanola General Hospital 3, $146,639.40, $439,918.19
Flemingdon Health Centre 7, $138,392.01, $968,744.08
Four Counties Health Services 3, $122,974.35, $368,923.06
Georgian Bay General Hospital / Hôpital général de la baie Georgienne 10, $120,454.85, $1,204,548.46
Geraldton District Hospital / Hôpital de district de Geraldton 3, $122,012.62, $366,037.86
Grand River Hospital 148, $134,561.05, $19,915,034.79
Grey Bruce Health Services 53, $113,052.85, $5,991,800.99
Grey Bruce Health Unit 14, $119,172.60, $1,668,416.34
Groves Memorial Community Hospital 3, $105,198.09, $315,594.28
Guelph General Hospital / Hôpital général de Guelph 36, $131,841.11, $4,746,279.95
Hôpital de Mattawa Hospital Inc. 3, $145,214.52, $435,643.57
Hôpital de Smooth Rock Falls Hospital 3, $121,912.32, $365,736.97
Hôpital Général de Hawkesbury & District General Hospital 26, $115,733.57, $3,009,072.77
Hôpital Glengarry Memorial Hospital 5, $109,708.37, $548,541.85
Hôpital Montfort 67, $127,056.93, $8,512,814.07
Hôpital Notre-Dame Hospital (Hearst) 8, $108,075.19, $864,601.49
Haldimand War Memorial Hospital 4, $130,928.88, $523,715.53
Haliburton, Kawartha, Pine Ridge District Health Unit 9, $134,392.59, $1,209,533.33
Haliburton Highlands Health Services Corporation 9, $116,719.19, $1,050,472.71
Halton Healthcare Services 111, $127,793.35, $14,185,061.59
Hamilton Health Sciences 370, $147,499.53, $54,574,825.34
Hanover & District Hospital 7, $117,437.44, $822,062.10
Hastings & Prince Edward Counties Health Unit 8, $135,201.77, $1,081,614.15
Headwaters Health Care Centre 16, $119,678.28, $1,914,852.56
Health Sciences North / Horizon Santé-Nord 131, $129,152.09, $16,918,923.89
Holland Bloorview Kids Rehabilitation Hospital 54, $158,826.60, $8,576,636.14
Hornepayne Community Hospital / Hôpital Communautaire de Hornepayne 1, $123,951.00, $123,951.00
Hotel-Dieu Grace Hospital 23, $128,866.63, $2,963,932.38
Hotel Dieu Hospital / l’Hôpital Hôtel-Dieu 25, $130,158.27, $3,253,956.73
Hotel Dieu Shaver Health & Rehabilitation Centre 10, $134,629.39, $1,346,293.93
Humber River Hospital 147, $127,605.03, $18,757,939.56
Huron Perth Healthcare Alliance 18, $145,787.06, $2,624,167.09
John McGivney Children's Centre 1, $136,654.12, $136,654.12
Joseph Brant Hospital 49, $141,267.66, $6,922,115.41
Kemptville District Hospital 5, $119,618.25, $598,091.26
Kingston, Frontenac, Lennox & Addington Health Unit 9, $149,205.50, $1,342,849.50
Kingston General Hospital 164, $128,858.17, $21,132,739.44
Kirkland & District Hospital / Hôpital de Kirkland et du district 10, $120,185.39, $1,201,853.90
Lady Dunn Health Centre 2, $125,866.91, $251,733.82
Lake of the Woods District Hospital 11, $160,261.95, $1,762,881.49
Lakeridge Health 163, $119,308.42, $19,447,271.67
Leamington District Memorial Hospital / Hôpital memorial du district de Leamington 13, $116,534.82, $1,514,952.63
Leeds, Grenville & Lanark District Health Unit 4, $157,249.07, $628,996.29
Lennox & Addington County General Hospital 6, $126,688.75, $760,132.49
Listowel Memorial Hospital 7, $116,756.50, $817,295.52
London Health Sciences Centre 308, $137,257.60, $42,275,341.90
Mackenzie Health 133, $127,985.23, $17,022,036.19
Manitoulin Health Centre 6, $128,758.47, $772,550.80
Manitouwadge General Hospital / Hôpital général de Manitouwadge 3, $106,923.20, $320,769.59
Markham Stouffville Hospital 57, $134,227.25, $7,650,953.24
Matheson/Iroquois Falls/Cochrane Group of Health Services 14, $120,083.56, $1,681,169.90
Middlesex-London Health Unit / Bureau de santé de Middlesex-London 8, $150,126.62, $1,201,012.97
Mount Sinai Hospital 202, $166,716.46, $33,676,724.10
Muskoka Algonquin Healthcare 19, $122,780.19, $2,332,823.66
Niagara Health System / Système de santé de Niagara 185, $128,542.85, $23,780,426.73
Nipigon District Memorial Hospital 2, $111,228.00, $222,456.00
Norfolk General Hospital 13, $145,389.77, $1,890,067.06
North Bay Parry Sound District Health Unit / Bureau de Santé du district de North Bay-Parry Sound 10, $131,277.32, $1,312,773.16
North Bay Regional Health Centre / Centre régional de santé de North Bay 128, $159,544.34, $20,421,675.32
North Wellington Health Care Corporation 5, $131,618.86, $658,094.28
North York General Hospital 139, $136,254.67, $18,939,398.89
Northumberland Hills Hospital 18, $116,428.27, $2,095,708.78
Ongwanada Hospital 9, $115,387.28, $1,038,485.50
Ontario Shores Centre For Mental Health Sciences 67, $196,638.10, $13,174,752.48
Orillia Soldiers Memorial Hospital 33, $119,127.35, $3,931,202.41
Pembroke Regional Hospital Inc. 20, $124,446.50, $2,488,929.98
Perth & Smiths Falls District Hospital 14, $127,552.89, $1,785,740.45
Perth District Health Unit 4, $154,712.02, $618,848.07
Peterborough Regional Health Centre 44, $130,767.09, $5,753,752.02
Porcupine Health Unit 8, $138,392.74, $1,107,141.91
Providence Care Centre / Centre de soins de Providence 60, $141,560.75, $8,493,644.83
Providence Healthcare 28, $139,520.94, $3,906,586.27
Queensway Carleton Hospital 43, $136,779.83, $5,881,532.77
Quinte Health Care 59, $121,482.62, $7,167,474.75
Red Lake Margaret Cochenour Memorial Hospital 5, $116,896.05, $584,480.27
Religious Hospitallers of St. Joseph of Cornwall, Ontario / Religieuses Hospitalières de Saint-Joseph de Cornwall, Ontario 5, $116,514.10, $582,570.49
Renfrew County & District Health Unit 3, $171,876.91, $515,630.74
Renfrew Victoria Hospital 6, $149,238.69, $895,432.11
Riverside Health Care Facilities Inc. 20, $113,678.22, $2,273,564.41
Ross Memorial Hospital 30, $116,665.44, $3,499,963.17
Rouge Valley Health System 174, $118,481.29, $20,615,744.01
Royal Ottawa Health Care Group 58, $121,822.38, $7,065,698.30
Royal Victoria Regional Health Centre 98, $120,979.69, $11,856,009.38
Runnymede Healthcare Centre 13, $152,971.12, $1,988,624.53
Salvation Army Toronto Grace Health Centre 3, $127,591.71, $382,775.12
Sault Area Hospital / Hôpital de Sault-Sainte-Marie 50, $126,634.08, $6,331,704.09
Sensenbrenner Hospital / Hôpital Sensenbrenner 10, $116,090.87, $1,160,908.71
Services de santé de Chapleau Health Services 5, $114,131.19, $570,655.97
Sioux Lookout Meno Ya Win Health Centre 19, $120,838.46, $2,295,930.80
Soins continus Bruyère Continuing Care 59, $123,408.88, $7,281,124.18
South Bruce Grey Health Centre 6, $125,279.18, $751,675.06
South Huron Hospital Association 1, $105,622.99, $105,622.99
Southlake Regional Health Centre 126, $134,020.27, $16,886,554.37
St. Francis Memorial Hospital 2, $105,619.35, $211,238.71
St. John's Rehab Hospital 17, $114,550.69, $1,947,361.81
St. Joseph's Care Group 51, $190,730.20, $9,727,240.22
St. Joseph's General Hospital 17, $114,881.80, $1,952,990.57
St. Joseph's Health Care, London 171, $147,651.74, $25,248,447.64
St. Joseph's Health Centre, Toronto 134, $129,515.53, $17,355,080.99
St. Joseph's Health Centre Guelph 5, $149,501.76, $747,508.81
St. Joseph's Healthcare Hamilton 187, $134,623.75, $25,174,641.71
St. Mary's General Hospital 61, $126,945.18, $7,743,656.16
St. Michael's Hospital 316, $131,676.18, $41,609,672.07
St. Thomas Elgin General Hospital 15, $151,149.97, $2,267,249.58
Stevenson Memorial Hospital / Hôpital Stevenson Memorial 5, $115,066.10, $575,330.52
Strathroy Middlesex General Hospital 7, $114,140.18, $798,981.24
Sudbury & District Health Unit 5, $140,714.24, $703,571.20
Sunnybrook Health Sciences Centre 435, $128,324.14, $55,821,002.74
Temiskaming Hospital 11, $128,492.55, $1,413,418.03
The Hospital for Sick Children 302, $171,007.24, $51,644,184.98
The McCausland Hospital 4, $105,494.51, $421,978.05
The Ottawa Hospital / L'Hôpital d'Ottawa 450, $131,781.07, $59,301,479.88
The Perley & Rideau Veterans' Health Centre / le Centre de santé Perley et Rideau pour anciens combattants 10, $123,996.18, $1,239,961.84
The Scarborough Hospital 175, $121,931.23, $21,337,964.65
Thunder Bay District Health Unit 8, $153,041.64, $1,224,333.14
Thunder Bay Regional Health Sciences Centre / Centre régional des sciences de la santé de Thunder Bay 80, $125,545.70, $10,043,656.27
Tillsonburg District Memorial Hospital 13, $119,031.08, $1,547,404.04
Timmins & District Hospital / L'Hôpital de Timmins et du district 55, $118,615.11, $6,523,830.79
Toronto East General Hospital 90, $130,744.17, $11,766,975.54
Trillium Health Partners 308, $128,814.61, $39,674,900.03
University Health Network 613, $146,075.20, $89,544,099.36
University of Ottawa Heart Institute 68, $120,703.97, $8,207,870.25
Waypoint Centre 89, $156,776.13, $13,953,076.00
Weeneebayko Area Health Authority 52, $122,108.05, $6,349,618.40
Wellington-Dufferin-Guelph Health Unit / Conseil de Santé de Wellington-Dufferin-Guelph 16, $126,645.12, $2,026,321.98
West Haldimand General Hospital 6, $113,267.91, $679,607.44
West Lincoln Memorial Hospital 9, $118,305.01, $1,064,745.12
West Nipissing General Hospital / Hôpital général de Nipissing Ouest 6, $125,929.87, $755,579.22
West Park Healthcare Centre 28, $132,667.36, $3,714,686.10
West Parry Sound Health Centre 17, $112,427.86, $1,911,273.60
William Osler Health System 303, $121,796.39, $36,904,306.57
Wilson Memorial General Hospital 7, $111,806.75, $782,647.24
Winchester District Memorial Hospital 12, $123,207.62, $1,478,491.43
Windsor Essex County Health Unit 16, $132,141.05, $2,114,256.86
Windsor Regional Hospital / Hôpital régional de Windsor 69, $122,771.43, $8,471,228.90
Wingham & District Hospital 2, $119,796.77, $239,593.55
Women's College Hospital 53, $143,295.26, $7,594,648.75
Woodstock Hospital / Hôpital de Woodstock 28, $149,525.43, $4,186,712.13