Supplementary Estimates, 2007-08

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Ministry of Finance

ECONOMIC, FISCAL, AND FINANCIAL POLICY PROGRAM - VOTE 1203

This program develops and implements sound economic and fiscal strategies to stimulate economic growth and job creation; forecasts, monitors and reports on the performance of the Ontario economy; provides expertise and policy advice on sound economic design of government initiatives; develops demographic forecasts for Ontario; develops the policy and legislative framework for Ontario's financial services industry; develops and implements a fiscal and financial management framework for the public sector in Ontario; assists the Minister of Finance and the Government in formulating Ontario's federal-provincial finance policy; develops, monitors and reports on the fiscal plan and results for the province; provides policy advice to clients, managers, and decision makers in the areas of accounting, fiscal and financial management; and fosters greater accountability and fiscal integrity in the public sector in Ontario. The program also monitors the fiscal and financial relationship between the province and the municipalities.

The Treasury Board Office coordinates fiscal strategy, risk assessment and internal audit services for the Ontario Public Service, and supports Treasury Board and Management Board of Cabinet by providing advice on the appropriate use of public resources to meet government priorities. The program also facilitates integrated supply chain and back-office leading practices in Ontario's broader public sector, and reflects the transfer of dedicated electricity earnings from the Province to the Ontario Electricity Financial Corporation.

VOTE SUMMARY
($)
ITEM #	ITEM	Supplementary Estimates 2007-08	Estimates 2007-08	Estimates 2006-07	Actual 2005-06
	OPERATING EXPENSE
10	Contingency Fund	417,140,000	580,000,000	2,085,000,000	-
12	Ontario Electricity Financial Corporation Dedicated Electricity Earnings	320,000,000	-	-	-
	TOTAL OPERATING EXPENSE TO BE VOTED	737,140,000	580,000,000	2,085,000,000	-
	Total Operating Expense	737,140,000	580,000,000	2,085,000,000	-

Standard Account by Item and Sub-items
($)
VOTE -ITEM #	STANDARD ACCOUNT BY ITEM AND SUB-ITEMS
	OPERATING EXPENSE
1203-10	Contingency Fund
	Other transactions	417,140,000
	Total Operating Expense to be Voted	417,140,000
1203-12	Ontario Electricity Financial Corporation Dedicated Electricity Earnings
	Transfer payments
	Electricity Sector Dedicated Income	320,000,000
	Total Operating Expense to be Voted	320,000,000
	Total Operating Expense for Economic, Fiscal, and Financial Policy Program	737,140,000
	TOTAL OPERATING EXPENSE FOR MINISTRY OF FINANCE	737,140,000