Ministry of Economic Development and Trade - Vote 696

Back to the MINISTRY OF ECONOMIC DEVELOPMENT AND TRADE Summary page

The Expenditure Estimates are available in PDF and HTML versions. The PDF version is a format reflecting the true printed version. The HTML version is an accessible format.

INDUSTRY AND TRADE SUPPORT PROGRAM - VOTE 902

This program supports economic growth and job creation in Ontario by fostering innovation and entrepreneurship, managing sector relationships, providing advice on business issues, and leading economic development policy across the government. This program supports the removal of barriers to business through the work of the Red Tape Secretariat. This program markets Ontario as a premier investment location to key investment decision-makers around the world and works with potential investors to locate in Ontario. This program supports the development of a dynamic export culture and works with Ontario companies to increase the number of exporters and expand their export markets. This program also manages the outstanding financial commitments for the Ontario Development Corporations.

INDUSTRY AND TRADE SUPPORT PROGRAM - Operating Summary

VOTE and item 2001-02 Estimates PROGRAM AND ACTIVITIES Change from 2000-01 2000-01 Estimates 1999-00 Actual
  $   $ $ $
902   INDUSTRY AND TRADE SUPPORT PROGRAM      
OPERATING          
1 30,609,900 Employment and Business Development (2,705,300) 33,315,200 32,371,438
2 29,527,400 Investment 2,698,000 26,829,400 23,523,015
3 18,607,600 Trade and International Relations 6,773,400 11,834,200 9,701,139
4 11,587,900 Field and Entrepreneurship Services 2,815,400 8,772,500 13,911,713
5 3,248,800 The Ontario Development Corporations (1,765,300) 5,014,100 6,665,183
S 1,500,000 Losses on Loans, the Financial Administration Act (1,750,000) 3,250,000 1,616,646
  95,081,600 Total Operating 6,066,200 89,015,400 87,789,134
  1,500,000 Less: Statutory Appropriations (1,750,000) 3,250,000 1,616,646
  93,581,600 Amount to be Voted 7,816,200 85,765,400 86,172,488

INDUSTRY AND TRADE SUPPORT PROGRAM - Standard Accounts Classification of Activities and Sub-activities - OPERATING

OPERATING    
Employment and Business Development (902-1)    
    $
Salaries and wages   7,287,300
Employee benefits   1,419,900
Transportation and communication   850,100
Services   4,936,000
Supplies and equipment   531,200
Transfer payments $  
Grants in Support of Business Development 60,400  
Innovators' Alliance 100,000  
Prosperity Demonstration Fund 1,000,000  
Strategic Skills Investment 14,425,000  
    15,585,400
  30,609,900
Investment (902-2)    
Salaries and wages   4,268,900
Employee benefits   841,300
Transportation and communication   2,101,300
Services   20,827,100
Supplies and equipment   808,800
Transfer payments    
Grants in Support of Investment Development 55,000  
Urban Transportation Development Corporation 510,000  
    565,000
Other transactions    
Economic Development Fund -Interest Incentives   115,000
    29,527,400
Trade and International Relations (902-3)    
Salaries and wages   4,192,800
Employee benefits   841,000
Transportation and communication   2,408,600
Services   9,869,400
Supplies and equipment   1,179,800
Transfer payments    
Grants in Support of Trade Development 50,000  
International Disaster Relief 1,000  
Jiangsu, China-Ontario, Canada Science and Technology Centre 65,000  
    116,000
    18,607,600
Field and Entrepreneurship Services (902-4)    
Salaries and wages   3,095,500
Employee benefits   605,300
Transportation and communication   914,200
Services   5,881,300
Supplies and equipment   617,600
Transfer payments    
Student Entrepreneurship Experience Program - Summer Company 600,000  
Youth Partnerships 50,000  
    650,000
Other transactions    
Guarantees Honoured    
- Young Entrepreneurs Program 49,000  
-Youth Entrepreneurship Program -My Company 375,000  
    424,000
    12,187,900
Less: Recoveries   600,000
    11,587,900
The Ontario Development Corporations (902-5)    
Salaries and wages   375,000
Employee benefits   72,700
Transportation and communication   100,000
Services   2,026,100
Supplies and equipment   25,000
Other transactions    
Guarantees Honoured    
New Ventures 200,000  
Youth Ventures 50,000  
Other Direct 400,000  
Other Agency 500,000  
    1,150,000
    3,748,800
Less: Recoveries   500,000
    3,248,800
Statutory Appropriations    
Losses on Loans, the Financial Administration Act    
Other transactions    
Losses on Loans    
Direct 1,000,000  
Agency 500,000  
    1,500,000
    1,500,000
Total Operating for Industry and Trade Support Program   95,081,600