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ECONOMIC DEVELOPMENT, TRADE AND EMPLOYMENT PROGRAM - VOTE 902

This program supports economic growth and job creation in Ontario by: attracting investment in key business clusters and sectors, and administering related funding programs; providing assistance to Ontario industry sectors and communities facing economic challenges; providing leadership in the development of economic policies across government and championing economic development research; modernizing government and improving services to business through the enterprise-wide Open for Business initiative; working with partner ministries, agencies and stakeholders to promote social entrepreneurship in Ontario; promoting Ontario as a premier investment location and world class provider of goods and services; increasing Ontario’s trade by providing assistance to Ontario firms to begin exporting or expand into new markets; providing leadership in dispute management and international and inter-provincial trade negotiations; leveraging Ontario’s 10 International Marketing Centres; developing investment opportunities through investment lead generation activities; supporting Ontario’s high-performing small and medium enterprises through 12 regional Business Advisory Services offices; promoting entrepreneurship as a viable career option among Ontario's youth; and making Ontario accessible by developing, reviewing and overseeing organizations’ compliance with accessibility standards; forging strategic partnerships to promote accessibility initiatives; and providing public education, tools and resources for accessibility planning and programming, including promoting employment opportunities for people with disabilities.

VOTE SUMMARY
($)
ITEM # ITEM

Estimates
2013-14

Estimates
2012-13

Difference
Between
2013-14
and
2012-13

Actual
2011-12

  OPERATING EXPENSE        
13 Economic Development, Trade and Employment 356,331,000 328,541,600 27,789,400 350,376,656
15 Accessibility Directorate of Ontario 16,144,500 16,446,500 (302,000) 14,483,762
  TOTAL OPERATING EXPENSE TO BE VOTED 372,475,500 344,988,100 27,487,400 364,860,418
Statutory Bad Debt Expense, the Financial Administration Act 1,946,000 2,516,000 (570,000) 1,635,422
  Total Statutory Appropriations 1,946,000 2,516,000 (570,000) 1,635,422
  Total Operating Expense 374,421,500 347,504,100 26,917,400 366,495,840
  OPERATING ASSETS        
14 Economic Development, Trade and Employment 50,504,000 68,506,000 (18,002,000) 85,584,764
  TOTAL OPERATING ASSETS TO BE VOTED 50,504,000 68,506,000 (18,002,000) 85,584,764
  Total Operating Assets 50,504,000 68,506,000 (18,002,000) 85,584,764
  CAPITAL EXPENSE        
21 Economic Development, Trade and Employment 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        
22 Economic Development, Trade and Employment 1,000 1,000 - -
  TOTAL CAPITAL ASSETS TO BE VOTED 1,000 1,000 - -
  Total Capital Assets 1,000 1,000 - -



Standard Account by Item and Sub-items
($)
VOTE -ITEM
#
STANDARD ACCOUNT BY ITEM AND SUB-ITEMS      
  OPERATING EXPENSE      
902-13 Economic Development, Trade and Employment      
  Salaries and wages     45,364,700
  Employee benefits     5,609,400
  Transportation and communication     5,031,400
  Services     47,965,000
  Supplies and equipment     2,222,100
  Transfer payments      
     Advanced Manufacturing Investment Strategy - Interest Incentives   1,070,000  
     Communities in Transition   1,000,000  
     Eastern Ontario Development Fund   17,736,100  
     Eastern Ontario Development Fund - Interest Incentives   100,000  
     Investment Ready: Certified Site   350,000  
     Next Generation of Jobs Fund   74,840,000  
     Next Generation of Jobs Fund - Interest Incentives   100,000  
     Ontario Automotive Investment Strategy Fund   2,072,800  
     Sector Support Grants   16,205,000  
     Southwestern Ontario Development Fund   12,000,000  
     Southwestern Ontario Development Fund - Interest Incentives   100,000  
     Strategic Jobs and Investment Fund   65,726,900  
     Strategic Jobs and Investment Fund - Interest Incentives   5,210,000  
     Water Technology Acceleration Project   1,450,000  
     Institute for Competitiveness and Prosperity   1,000,000  
     Student Entrepreneurship Experience - Summer Company   900,000  
     Youth Partnerships   1,380,500  
     Ontario Youth Entrepreneurship Fund   22,500,000  
     Ontario Youth Innovation Fund   15,000,000  
     Business-Labour Connectivity and Training Fund   12,500,000 251,241,300
  Subtotal     357,433,900
  Less: Recoveries     1,102,900
  Total Operating Expense to be Voted     356,331,000
  Sub-Items:      
  Economic Development, Investment and Industry      
  Salaries and wages   24,536,300  
  Employee benefits   3,060,900  
  Transportation and communication   2,115,300  
  Services   11,652,100  
  Supplies and equipment   980,400  
  Transfer payments      
     Advanced Manufacturing Investment Strategy - Interest Incentives 1,070,000    
     Communities in Transition 1,000,000    
     Eastern Ontario Development Fund 17,736,100    
     Eastern Ontario Development Fund - Interest Incentives 100,000    
     Investment Ready: Certified Site 350,000    
     Next Generation of Jobs Fund 74,840,000    
     Next Generation of Jobs Fund - Interest Incentives 100,000    
     Ontario Automotive Investment Strategy Fund 2,072,800    
     Sector Support Grants 16,205,000    
     Southwestern Ontario Development Fund 12,000,000    
     Southwestern Ontario Development Fund - Interest Incentives 100,000    
     Strategic Jobs and Investment Fund 65,726,900    
     Strategic Jobs and Investment Fund - Interest Incentives 5,210,000    
     Water Technology Acceleration Project 1,450,000 197,960,800  
  Subtotal   240,305,800  
  Less: Recoveries   202,900 240,102,900
  Policy and Strategy      
  Salaries and wages   9,811,400  
  Employee benefits   1,217,400  
  Transportation and communication   308,700  
  Services   4,465,700  
  Supplies and equipment   486,200  
  Transfer payments      
     Institute for Competitiveness and Prosperity 1,000,000    
     Student Entrepreneurship Experience - Summer Company 900,000    
     Youth Partnerships 1,380,500    
     Ontario Youth Entrepreneurship Fund 22,500,000    
     Ontario Youth Innovation Fund 15,000,000    
     Business-Labour Connectivity and Training Fund 12,500,000 53,280,500  
  Subtotal   69,569,900  
  Less: Recoveries   900,000 68,669,900
  Trade and Marketing      
  Salaries and wages   11,017,000  
  Employee benefits   1,331,100  
  Transportation and communication   2,607,400  
  Services   31,847,200  
  Supplies and equipment   755,500 47,558,200
  Total Operating Expense to be Voted     356,331,000
  Statutory Appropriations      
  Other transactions      
Statutory    Bad Debt Expense, the Financial Administration Act     1,946,000
902-15 Accessibility Directorate of Ontario      
  Salaries and wages     6,343,200
  Employee benefits     896,800
  Transportation and communication     143,000
  Services     7,022,700
  Supplies and equipment     238,800
  Transfer payments      
     Strategic Accessibility Partnerships     1,500,000
  Total Operating Expense to be Voted     16,144,500
  Total Operating Expense for Economic Development, Trade and Employment Program     374,421,500
  OPERATING ASSETS      
902-14 Economic Development, Trade and Employment      
  Deposits and prepaid expenses     504,000
  Loans and Investments      
     Advanced Manufacturing Investment Strategy   10,000,000  
     Eastern Ontario Development Fund   1,000,000  
     Southwestern Ontario Development Fund   1,000,000  
     Strategic Jobs and Investment Fund   38,000,000 50,000,000
  Total Operating Assets to be Voted     50,504,000
  Total Operating Assets for Economic Development, Trade and Employment Program     50,504,000
  CAPITAL EXPENSE      
902-21 Economic Development, Trade and Employment      
  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 Development, Trade and Employment Program     2,000
  CAPITAL ASSETS      
902-22 Economic Development, Trade and Employment      
  Land and marine fleet - asset costs     1,000
  Total Capital Assets to be Voted     1,000
  Total Capital Assets for Economic Development, Trade and Employment Program     1,000