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Real estate rental and leasing and property management

  1999 2000 2001 2002p
  $ millions
Lessors of residential buildings and dwellings (except social housing projects)1
Operating revenue3 14,652.9 x 18,043.8 18,704.0
Operating expenses4 12,885.9 x 14,616.0 15,123.3
Operating profit margin (%) 12.1 x 19.0 19.1
Real estate property managers2
Operating revenue3 2,440.9 x 2,093.2 2,278.8
Operating expenses4 2,166.6 x 1,846.8 1,951.9
Operating profit margin (%) 11.2 x 11.8 14.3
1. North American Industry Classification System (NAICS), 2002 - 531111.
2. NAICS, 2002 - 53131.
3. Operating revenue excludes investment income, capital gains, extraordinary gains and other non-recurring items. Note that prior to reference year 2000, total revenue rather than operating revenue is reported. The 1999-2000 trend may be slightly distorted.
4. Operating expenses exclude write-offs, capital losses, extraordinary losses, interest on borrowing, and other non-recurring items. Note that prior to reference year 2000, total expenses rather than operating expenses are reported. The 1999-2000 trend may be slightly distorted.
Source: Statistics Canada, CANSIM, table 352-0003.
Last modified: 2004-08-09.

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