Ministry of Economic Development and Trade - Vote 696

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; delivering research and commercialization programs; building Ontario's scientific and research awareness and investing in Ontario's science and technology infrastructure; 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; attracting investment in strategic sectors, such as the automotive sector; 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; 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

ItemACTIVITIES 

2005-06
Estimates
$

Change
from
2004-05
$

2004-05
Estimates
$

2003-04
Actual
$

1 Industry   350,677,400 269,625,800 81,051,600 22,575,694
9 Trade and Investment   60,039,400 (-10,500,900) 70,540,300 33,582,429
4 Small and Medium Enterprise   19,996,700 250,300 19,746,400 14,454,439
5 Research and Commercialization   235,041,500 9,041,100 226,000,400 164,303,208
6 The Ontario Development Corporation   590,300 (-611,600) 1,201,900 2,493,871
     
  Total Operating Expenses   666,345,300 267,804,700 398,540,600 237,409,641
     
  Amount to be Voted   666,345,300 267,804,700 398,540,600 237,409,641
     


ECONOMIC DEVELOPMENT AND TRADE PROGRAM 902 - Operating Asset Expenditures Summary

ItemACTIVITIES 

2005-06
Estimates
$

Change
from
2004-05
$

2004-05
Estimates
$

2003-04
Actual
$

8 Innovation, Skills and Research Development   11,372,000 (-2,900,000) 14,272,000 11,790,000
     
  Total Operating Asset Expenditures   11,372,000 (-2,900,000) 14,272,000 11,790,000
     
  Amount to be Voted   11,372,000 (-2,900,000) 14,272,000 11,790,000
     


ECONOMIC DEVELOPMENT AND TRADE PROGRAM 902 - Capital Expenses Summary

ItemACTIVITIES 

2005-06
Estimates
$

Change
from
2004-05
$

2004-05
Estimates
$

2003-04
Actual
$

7 Research and Economic Development   82,598,800 43,806,800 38,792,000 31,483,580
     
  Total Capital Expenses   82,598,800 43,806,800 38,792,000 31,483,580
     
  Amount to be Voted   82,598,800 43,806,800 38,792,000 31,483,580
     


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

Industry (902-1) Activity $
Salaries and wages 6,954,400
Employee benefits 902,900
Transportation and communication 920,400
Services 7,875,200
Supplies and equipment 471,600
Transfer payments
$
Grants in Support of Industry Development
100,000
Institute for Competitiveness and Prosperity
1,050,000
Large Scale Strategic Investment Fund
7,570,000
Ontario Automotive Investment Strategy Fund
261,845,300
Ontario Small Brewers Strategy Fund
1,000,000
Ontario Wine Strategy Fund
2,000,000
Premier's Chair in Productivity and Competitiveness
3,000,000
Strategic Manufacturing Investment
50,000,000
Strategic Skills Investment
7,200,000
Transfer payments Subtotal 333,765,300
Subtotal 350,889,800
Less: Recoveries 212,400
Activity Total 350,677,400


Trade and Investment (902-9) Activity $
Salaries and wages 10,472,900
Employee benefits 1,359,200
Transportation and communication 8,397,800
Services 36,525,900
Supplies and equipment 2,733,600
Transfer payments
$
Grants in Support of Investment Development
100,000
Grants in Support of Trade Development
100,000
Urban Transportation Development Corporation
350,000
Transfer payments Subtotal 550,000
Activity Total 60,039,400


Small and Medium Enterprise (902-4) Activity $
Salaries and wages 7,228,900
Employee benefits 938,500
Transportation and communication 998,600
Services 9,985,800
Supplies and equipment 544,900
Transfer payments
$
Grants in Support of Business Development
100,000
Student Entrepreneurship Experience Program - Summer Company
750,000
Youth Partnerships
50,000
Transfer payments Subtotal 900,000
Other transactions
Guarantees Honoured - Youth Entrepreneurship Program - My Company 150,000
Subtotal 20,746,700
Less: Recoveries 750,000
Activity Total 19,996,700


Research and Commercialization (902-5) Activity $
Salaries and wages 5,289,100
Employee benefits 686,500
Transportation and communication 1,089,200
Services 9,195,200
Supplies and equipment 407,600
Transfer payments
$
Biotechnology Cluster Innovation Program
5,000,000
Cancer Research Program
4,500,000
Centre for International Governance Innovation
1,394,400
Centres of Excellence
34,300,000
Grants in Support of Research and Commercialization
100,000
Health Technologies Program
1,500,000
Medical and Related Sciences
3,179,500
Ontario Cancer Research Network
19,500,000
Ontario Fuel Cell Innovation Program
1,500,000
Ontario Research and Development Challenge Fund
67,200,000
Ontario Research Commercialization Fund
4,500,000
Ontario Research Fund
56,500,000
Perimeter Institute
5,000,000
Premier's Research Excellence Awards
1,600,000
Research Talent Development Program
10,100,000
Science and Technology Connections and Partnerships
2,500,000
Transfer payments Subtotal 218,373,900
Activity Total 235,041,500


The Ontario Development Corporation (902-6) Activity $
Salaries and wages 75,000
Employee benefits 9,800
Transportation and communication 10,000
Services 390,500
Supplies and equipment 5,000
Other transactions
$
Guarantees Honoured - Agency
100,000
- Direct
100,000
Other transactions Subtotal 200,000
Subtotal 690,300
Less: Recoveries 100,000
Activity Total 590,300


Total Operating for Economic Development and Trade Program 666,345,300


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

Innovation, Skills and Research Development (902-8) Activity $
Advances and recoverable amounts
$
Centres of Excellence
1,372,000
Ontario Cancer Research Network
1,950,000
Ontario Research and Development Challenge Fund
6,610,000
Strategic Skills Investment
1,440,000
Advances and recoverable amounts Subtotal 11,372,000
Activity Total 11,372,000


Total Assets for Economic Development and Trade Program 11,372,000


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

Research and Economic Development (902-7) Activity $
Transfer payments
$
Biotechnology Commercialization Centres Fund
722,000
Connect Ontario
2,164,200
Medical and Related Sciences
1,000,000
Millennium Partnerships
3,246,100
Millennium Partnerships - COIP Contribution
3,282,900
Ontario Research and Innovation Optical Network
933,600
Ontario Research Fund
71,250,000
Transfer payments Subtotal 82,598,800
Activity Total 82,598,800


Total Capital for Economic Development and Trade Program 82,598,800