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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 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 advises on assessment and property tax policy, grants to municipalities, and education tax rates. It also monitors the fiscal and financial relationship between the province and the municipalities, including providing transfer payments to municipalities.

Treasury Board Office coordinates fiscal strategy, risk assessment and internal audit services for the Ontario Public Service, and supports Treasury Board/ 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. It also reflects the transfer of dedicated electricity earnings from the Province to the Ontario Electricity Financial Corporation.

VOTE SUMMARY
($)
ITEM # ITEM

Estimates
2010-11

Estimates
2009-10

Difference
Between
2010-11
and
2009-10

Actual
2008-09

  OPERATING EXPENSE        
1 Economic Policy 20,319,300 9,569,300 10,750,000 8,992,173
5 Provincial-Local Finance 27,871,300 31,346,500 (3,475,200) 21,658,485
6 Municipal Support Programs 827,939,100 935,641,100 (107,702,000) 955,874,800
8 Treasury Board Office 130,696,800 140,872,000 (10,175,200) 94,306,364
9 Ontario Internal Audit 5,659,400 5,730,700 (71,300) 5,647,566
10 Contingency Fund 1,840,400,000 3,210,000,000 (1,369,600,000) -
12 Ontario Electricity Financial Corporation Dedicated Electricity Earnings 324,000,000 291,000,000 33,000,000 -
  TOTAL OPERATING EXPENSE TO BE VOTED 3,176,885,900 4,624,159,600 (1,447,273,700) 1,086,479,388
Statutory Guarantees and Indemnities, the Financial Administration Act 1,000 1,000 - 1,011,590
  Total Statutory Appropriations 1,000 1,000 - 1,011,590
  Total Operating Expense 3,176,886,900 4,624,160,600 (1,447,273,700) 1,087,490,978
  OPERATING ASSETS        
11 Broader Public Sector Supply Chain Secretariat 1,000 1,000 - -
- Auto Sector Support - 1,000 (1,000) -
  TOTAL OPERATING ASSETS TO BE VOTED 1,000 2,000 (1,000) -
Statutory Harmonized Sales Tax, the Financial Administration Act 1,000 - 1,000 -
  Total Statutory Appropriations 1,000 - 1,000 -
  Total Operating Assets 2,000 2,000 - -
  CAPITAL EXPENSE        
14 Economic, Fiscal, and Financial Policy Program 1,000 1,000 - -
  TOTAL CAPITAL EXPENSE TO BE VOTED 1,000 1,000 - -
Statutory Amortization, the Financial Administration Act 1,000 1,000 - -
  Total Statutory Appropriations 1,000 1,000 - -
  Total Capital Expense 2,000 2,000 - -
  CAPITAL ASSETS        
13 Economic, Fiscal and Financial Policy Program 1,000 18,000 (17,000) -
  TOTAL CAPITAL ASSETS TO BE VOTED 1,000 18,000 (17,000) -
  Total Capital Assets 1,000 18,000 (17,000) -



Standard Account by Item and Sub-items
($)
VOTE -ITEM
#
STANDARD ACCOUNT BY ITEM AND SUB-ITEMS      
  OPERATING EXPENSE      
1203-1 Economic Policy      
  Salaries and wages     7,204,800
  Employee benefits     632,900
  Transportation and communication     183,600
  Services     289,600
  Supplies and equipment     99,800
  Transfer payments      
     Grants in support of Economic and Financial Services Policy Research     12,026,800
  Subtotal     20,437,500
  Less: Recoveries     118,200
  Total Operating Expense to be Voted     20,319,300
1203-5 Provincial-Local Finance      
  Salaries and wages     5,333,200
  Employee benefits     559,100
  Transportation and communication     223,000
  Services     21,641,000
  Supplies and equipment     115,000
  Total Operating Expense to be Voted     27,871,300
1203-6 Municipal Support Programs      
  Transfer payments      
     Ontario Municipal Partnership Fund   649,494,700  
     Special Payments to Municipalities   19,322,400  
     One-time Municipal Assistance   31,647,000  
     Greater Toronto Area Pooling Compensation   127,475,000 827,939,100
  Total Operating Expense to be Voted     827,939,100
1203-8 Treasury Board Office      
  Salaries and wages     21,487,400
  Employee benefits     2,798,800
  Transportation and communication     1,358,100
  Services     73,383,500
  Supplies and equipment     1,069,000
  Transfer payments      
     Supply Chain Management and Innovation Projects in the Broader Public Sector     30,600,000
  Total Operating Expense to be Voted     130,696,800
  Sub-Items:      
  Fiscal Strategy and Coordination      
  Salaries and wages   10,468,800  
  Employee benefits   1,312,500  
  Transportation and communication   283,100  
  Services   3,145,600  
  Supplies and equipment   254,000 15,464,000
  Office of the Provincial Controller      
  Salaries and wages   6,878,600  
  Employee benefits   896,300  
  Transportation and communication   525,000  
  Services   34,267,900  
  Supplies and equipment   265,000 42,832,800
  Broader Public Sector Supply Chain Secretariat      
  Salaries and wages   4,140,000  
  Employee benefits   590,000  
  Transportation and communication   550,000  
  Services   35,970,000  
  Supplies and equipment   550,000  
  Transfer payments      
     Supply Chain Management and Innovation Projects in the Broader Public Sector   30,600,000 72,400,000
  Total Operating Expense to be Voted     130,696,800
1203-9 Ontario Internal Audit      
  Salaries and wages     20,722,300
  Employee benefits     2,380,600
  Transportation and communication     662,300
  Services     3,830,400
  Supplies and equipment     541,100
  Subtotal     28,136,700
  Less: Recoveries     22,477,300
  Total Operating Expense to be Voted     5,659,400
1203-10 Contingency Fund      
  Other transactions     1,840,400,000
  Total Operating Expense to be Voted     1,840,400,000
1203-12 Ontario Electricity Financial Corporation Dedicated Electricity Earnings      
  Transfer payments      
     Electricity Sector Dedicated Income     324,000,000
  Total Operating Expense to be Voted     324,000,000
  Statutory Appropriations      
  Other transactions      
Statutory    Guarantees and Indemnities, the Financial Administration Act     1,000
  Total Operating Expense for Economic, Fiscal, and Financial Policy Program     3,176,886,900
  OPERATING ASSETS      
  Statutory Appropriations      
  Advances and recoverable amounts      
Statutory    Harmonized Sales Tax, the Financial Administration Act     1,000
1203-11 Broader Public Sector Supply Chain Secretariat      
  Deposits and prepaid expenses     1,000
  Total Operating Assets to be Voted     1,000
  Total Operating Assets for Economic, Fiscal, and Financial Policy Program     2,000
  CAPITAL EXPENSE      
1203-14 Economic, Fiscal, and Financial Policy Program      
  Other transactions     1,000
  Total Capital Expense to be Voted     1,000
  Statutory Appropriations      
  Other transactions      
Statutory    Amortization, the Financial Administration Act     1,000
  Total Capital Expense for Economic, Fiscal, and Financial Policy Program     2,000
  CAPITAL ASSETS      
1203-13 Economic, Fiscal and Financial Policy Program      
  Land and marine fleet     1,000
  Total Capital Assets to be Voted     1,000
  Total Capital Assets for Economic, Fiscal, and Financial Policy Program     1,000