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.
This program is responsible for the development, direction, operation and formulation of policies for the management of the Province’s cash, investment, debt, finance, credit rating, investor relations, banking and related financial administration activities; reporting of the financial position of the Province to investors and the public to facilitate borrowing activities; liaising with Crown Corporations and agencies regarding financing activities including the provision of guarantees by Ontario of loans to its Crown Corporations and agencies; and acting as the custodian and fiscal agent for the securities of the Province and certain of its agencies including Ontario Electricity Financial Corporation (OEFC). It is also responsible for the issuance of Ontario Savings Bonds.
|VOTE and item||Accrual 2003-04 Estimates||PROGRAM AND ACTIVITIES||Cash 2002-03 Estimates||Cash 2001-02 Actual|
|S||8,708,000,000||Interest on Debt for Provincial Purposes13||9,156,000,000||9,030,002,123|
|S||1,000,000,000||Ontario Municipal Economic Infrastructure Financing Authority, the Ontario Municipal Economic Infrastructure Financing Authority Act, 2002||-||-|
|S||2,000,000||Stadium Corporation of Ontario Limited, the Financial Administration Act||16,300,000||8,502,096|
NOTE: Commencing in 2003-04, Estimates are presented on the accrual basis of accounting. Information for 2002-03 and earlier years is presented on the modified cash basis, and therefore comparison between 2003-04 and earlier year figures may not be meaningful. Differences between cash and accrual relate to adjustments such as timing of transfer payments and provisions for bad debts, that would increase or decrease the 2002-03 amounts had they been presented on the accrual basis.
Adjustments for this Ministry, if any, are indicated by superscripted references above and are explained on the page following the Ministry Summary - Reconciliation of 2002-03 Estimates from Cash to Accrual.
|Statutory Appropriations Interest on Debt for Provincial Purposes||
|Interest on Ontario Securities||
|For general purposes||5,692,080,000|
|Canada Pension Plan Investment Fund||648,696,000|
|Ontario Teachers’ Pension Plan||1,187,282,000|
|Public Service Pension Plan||374,434,000|
|Ontario Public Service Employees Union Pension Plan||177,877,000|
|Ontario Municipal Employees Retirement Fund||21,668,000|
|Ontario Housing Corporation||102,149,000|
|Canada Mortgage and Housing Corporation||18,909,000|
|Ryerson Retirement Pension Plan||621,000|
|Colleges of Applied Arts and Technology||3,544,000|
|Ontario Immigrant Investor Corporation||2,181,000|
|Other interest, exchange, discount and commission||68,388,000|
|Less: Interest on Investments||144,917,000|
|Other agencies interest revenue/expenditure adjustments||35,088,000|
|Interest on Debt Payable to Ontario Electricity Financial Corporation||520,000,000|
Total Operating for Treasury Program
|Ontario Municipal Economic Infrastructure Financing Authority, the Ontario Municipal Economic Infrastructure Financing Authority Act, 2002|
|Loans and Investments|
|Ontario Municipal Economic Infrastructure Financing Authority, the Ontario Municipal Economic Infrastructure Financing Authority Act, 2002||1,000,000,000|
|Total Assets for Treasury Program||1,000,000,000|
|Stadium Corporation of Ontario Limited, the Financial Administration Act|
|Stadium Corporation of Ontario Limited, the Financial Administration Act||2,000,000|
|Total Capital for Treasury Program||2,000,000|