This program supports economic growth and job creation in Ontario by: providing leadership for the development of economic policies across the government; fostering innovation; 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; and increasing Ontario's international profile through representation in key markets around the world. The program also manages the outstanding financial commitments for the Ontario Development Corporation.
| VOTE -ITEM # |
STANDARD ACCOUNT BY ITEM AND SUB-ITEMS | |||
|---|---|---|---|---|
| OPERATING EXPENSE | ||||
| 902-1 | Industry and Cluster | |||
| Transfer payments | ||||
| Manufacturing Training Support | 53,400,000 | |||
| Manufacturing Sector Support | 25,500,000 | |||
| Competitiveness and Prosperity Initiatives | 2,220,000 | 81,120,000 | ||
| Total Operating Expense to be Voted | 81,120,000 | |||
| Total Operating Expense for Economic Development and Trade Program | 81,120,000 | |||
| TOTAL OPERATING EXPENSE FOR MINISTRY OF ECONOMIC DEVELOPMENT AND TRADE | 81,120,000 | |||
| CAPITAL EXPENSE | ||||
| 902-7 | Economic Development | |||
| Transfer payments | ||||
| University of Toronto | 27,780,000 | |||
| Total Capital Expense to be Voted | 27,780,000 | |||
| Total Capital Expense for Economic Development and Trade Program | 27,780,000 | |||
| TOTAL CAPITAL EXPENSE FOR MINISTRY OF ECONOMIC DEVELOPMENT AND TRADE | 27,780,000 |