Ministry of Economic Development and Trade

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Ministry of Economic Development and Trade

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 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 SUMMARY
($)
ITEM # ITEM

Supplementary
Estimates
2007-08

Estimates
2007-08

Estimates
2006-07

Actual
2005-06

  OPERATING EXPENSE        
1 Industry and Cluster 81,120,000 237,369,700 241,974,500 122,432,578
  TOTAL OPERATING EXPENSE TO BE VOTED 81,120,000 237,369,700 241,974,500 122,432,578
  Total Operating Expense 81,120,000 237,369,700 241,974,500 122,432,578
  CAPITAL EXPENSE        
7 Economic Development 27,780,000 6,000,000 20,000,000 -
  TOTAL CAPITAL EXPENSE TO BE VOTED 27,780,000 6,000,000 20,000,000 -
  Total Capital Expense 27,780,000 6,000,000 20,000,000 -



Standard Account by Item and Sub-items
($)
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