ECONOMIC DEVELOPMENT AND TRADE PROGRAM - VOTE 902

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ECONOMIC DEVELOPMENT AND TRADE PROGRAM - VOTE 902

This program supports economic growth and job creation in Ontario by providing leadership for the development of economic, science and technology and commercialization policies across the government; fostering innovation and entrepreneurship; promoting community, sector and cluster development; marketing Ontario as a premier investment location and working with investors to locate and expand in Ontario; increasing Ontario's global exports by working with Ontario small and medium-sized companies to expand their export potential worldwide; increasing Ontario's international profile through representation in key markets around the world; providing a one window access for small business into the government to reduce barriers and expand opportunities; building Ontario's scientific and research awareness and investing in Ontario's science and technology infrastructure; and managing alcohol and gaming policy and overseeing the Liquor Control Board of Ontario and the Ontario Lottery and Gaming Corporation. The program also manages the outstanding financial commitments for the Ontario Development Corporation.

ECONOMIC DEVELOPMENT AND TRADE PROGRAM 902 - Operating Expenses Summary

VOTE and item Accrual 2004-05 Estimates VOTE AND ITEMS Change from 2003-04 Accrual 2003-04 Estimates Cash 2002-03 Actual
  $   $ $ $
902   ECONOMIC DEVELOPMENT AND TRADE PROGRAM      
OPERATING          
1 31,453,200 Competitiveness and Business Development 1,022,700 30,430,500 28,868,253
2 98,921,300 Investment 71,339,100 27,582,200 24,195,523
3 26,848,400 Trade 4,720,500 22,127,900 9,444,382
4 14,083,500 Entrepreneurship and Field Services 1,195,400 12,888,100 12,353,693
5 226,317,000 Science and Technology Development 28,948,300 197,368,700 138,607,206
6 1,201,900 The Ontario Development Corporation (1,069,900) 2,271,800 2,518,535
  398,825,300 Total Operating 106,156,100 292,669,200 215,987,592
  - Less: Special Warrants (126,100,000) 126,100,000 -
  398,825,300 Amount to be Voted 232,256,100 166,569,200 215,987,592
Assets          
8 14,272,000 Innovation, Skills and Research Development 919,900 13,352,100 -
  14,272,000 Total Assets 919,900 13,352,100 -
  - Less: Special Warrants (6,700,000) 6,700,000 -
  14,272,000 Amount to be Voted 7,619,900 6,652,100 -
CAPITAL          
7 38,792,000 Research and Development (6,766,500) 45,558,500 22,537,098
  38,792,000 Total Capital (6,766,500) 45,558,500 22,537,098
  - Less: Special Warrants (22,800,000) 22,800,000 -
  38,792,000 Amount to be Voted 16,033,500 22,758,500 22,537,098

ECONOMIC DEVELOPMENT AND TRADE PROGRAM - Standard Accounts Classification of Activities and Sub-activities - OPERATING EXPENSES

OPERATING    
Competitiveness and Business Development (902-1)    
    $
Salaries and wages   8,048,900
Employee benefits   1,046,400
Transportation and communication   932,900
Services   7,798,300
Supplies and equipment   539,100
Transfer payments $  
Grants in Support of Business Development 100,000  
Strategic Skills Investment 12,200,000  
Task Force on Competitiveness 1,000,000  
    13,300,000
    31,665,600
Less: Recoveries   212,400
    31,453,200
Investment (902-2)    
Salaries and wages   5,327,700
Employee benefits   692,200
Transportation and communication   3,710,600
Services   34,039,000
Supplies and equipment   1,676,800
Transfer payments $  
Grants in Support of Investment Development 100,000  
Large Scale Strategic Investment Fund 4,000,000  
Ontario Automotive Investment Strategy Fund 49,000,000  
Urban Transportation Development Corporation 375,000  
    53,475,000
    98,921,300
Trade (902-3)    
Salaries and wages   5,086,100
Employee benefits   663,000
Transportation and communication   4,142,200
Services   15,500,300
Supplies and equipment   1,356,800
Transfer payments    
Grants in Support of Trade Development   100,000
    26,848,400
Entrepreneurship and Field Services (902-4)   $
Salaries and wages   4,100,200
Employee benefits   532,800
Transportation and communication   641,100
Services   7,989,500
Supplies and equipment   419,900
Transfer payments $  
Grants in Support of Business Development 100,000  
Student Entrepreneurship Experience Program - Summer Company 800,000  
Youth Partnerships 50,000  
    950,000
Other transactions $  
Guarantees Honoured    
- Young Entrepreneurs Program 50,000  
- Youth Entrepreneurship Program - My Company 150,000  
    200,000
    14,833,500
  Less: Recoveries 750,000
    14,083,500


Science and Technology Development (902-5)   $
Salaries and wages   4,375,100
Employee benefits   568,800
Transportation and communication   996,700
Services   7,018,800
Supplies and equipment   357,600
Transfer payments $  
Biotechnology Cluster Innovation Program 4,684,000  
Canadian Bioprocesses Institute 116,000  
Cancer Research Program 2,500,000  
Centres of Excellence 34,300,000  
Fuel Cells Technologies Program 1,500,000  
Grants in Support of Science and Technology Development 100,000  
Health Technologies Program 1,500,000  
Ontario Cancer Research Network 19,500,000  
Ontario Research and Development Challenge Fund 85,100,000  
Ontario Research Commercialization Fund 2,000,000  
Ontario Research Fund 42,500,000  
Perimeter Institute 5,000,000  
Premier's Research Excellence Awards 4,000,000  
Research Talent Development Program 7,700,000  
Science and Technology Awareness 406,000  
Science and Technology Connections and Partnerships 2,094,000  
    213,000,000
    226,317,000
The Ontario Development Corporation (902-6)   $
Salaries and wages   100,000
Employee benefits   13,000
Transportation and communication   10,000
Services   973,900
Supplies and equipment   5,000
Other transactions $  
Guarantees Honoured    
- Agency 100,000  
- Direct 100,000  
    200,000
    1,301,900
Less: Recoveries   100,000
    1,201,900
  Total Operating for Economic Development and Trade Program 398,825,300
Assets    
Innovation, Skills and Research Development (902-8)   $
Deposits and prepaid expenses $  
Centres of Excellence 1,372,000  
Ontario Cancer Research Network 1,950,000  
Ontario Research and Development Challenge Fund 8,510,000  
Strategic Skills Investment 2,440,000  
    14,272,000
    14,272,000
  Total Assets for Economic Development and Trade Program 14,272,000

ECONOMIC DEVELOPMENT AND TRADE PROGRAM - Standard Accounts Classification of Activities and Sub-activities - CAPITAL EXPENSES

CAPITAL    
Research and Development (902-7)   $
Transfer payments $  
Biotechnology    
Commercialization Centres Fund 5,762,000  
Broadband Regional    
Access 2,000,000  
Connect Ontario 5,000,000  
Medical and Related Sciences 5,000,000  
Millennium Partnerships 3,150,000  
Millennium Partnerships - COIP Contribution 3,150,000  
Ontario Research and Innovation Optical Network 2,230,000  
Ontario Research Fund 12,500,000  
    38,792,000
    38,792,000
  Total Capital for Economic Development and Trade Program 38,792,000