Ministry of Finance - Vote 746

TREASURY PROGRAM - VOTE Statutory Appropriations

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 on the financial position of the province to investors and the public to facilitate borrowing activities; providing financial analysis and support for any direct or indirect provincial liabilities and monitoring the fiscal implications of the electricity sector as well as government and broader public sector financing initiatives including providing advice to the sector; the provision of guarantees by Ontario and 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 the Ontario Electricity Financial Corporation. It is also responsible for the issuance of Ontario Savings Bonds.

TREASURY PROGRAM S - Operating Expenses Summary

ItemACTIVITIES 

2005-06
Estimates
$

Change
from
2004-05
$

2004-05
Estimates
$

2003-04
Actual
$

Statutory Interest on Debt   8,670,919,000 (-1,658,103,000) 10,329,022,000 8,494,493,542
     
  Total Operating Expenses   8,670,919,000 (-1,658,103,000) 10,329,022,000 8,494,493,542
     


TREASURY PROGRAM S - Capital Expenses Summary

ItemACTIVITIES 

2005-06
Estimates
$

Change
from
2004-05
$

2004-05
Estimates
$

2003-04
Actual
$

- Stadium Corporation of Ontario Limited, the Financial Administration Act   - - - 576,176
     
  Total Capital Expenses   - - - 576,176
     


TREASURY PROGRAM - Standard Accounts Classification of Activities and Sub-activities - OPERATING EXPENSES

Statutory Appropriations
Interest on Debt Activity
$
Interest on Ontario Securities
$
For general purposes
6,388,048,000
Canada Pension Plan Investment Fund
458,000,000
Ontario Teachers' Pension Plan
945,000,000
Public Service Pension Plan
347,000,000
Ontario Public Service Employees Union Pension Plan
165,000,000
Ontario Municipal Employees Retirement Fund
10,017,000
Ontario Housing Corporation
102,149,000
Canada Mortgage and Housing Corporation
17,000,000
Ryerson Retirement Pension Plan
319,000
Colleges of Applied Arts and Technology
1,817,000
Ontario Immigrant Investor Corporation
12,000,000
Indirect Debt of Ontario School Boards
52,569,000
Less: Other interest, exchange, discount and commission 11,000,000
Less: Interest on Investments 337,000,000
Interest on Debt Payable to Ontario Electricity Financial Corporation 520,000,000
Activity Total 8,670,919,000


Total Operating for Treasury Program 8,670,919,000