Supplementary Expenditure Estimates: Ministry of Economic Development and Trade

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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 and entrepreneurship; 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; increasing Ontario's international profile through representation in key markets around the world; and providing a one window access for small business into the government to reduce barriers and expand opportunities. The program also manages the outstanding financial commitments for the Ontario Development Corporation.

VOTE SUMMARY
($)
ITEM #	ITEM	Supplementary Estimates 2006-07	Estimates 2006-07	Estimates 2005-06	Actual 2004-05
	OPERATING ASSETS
8	Economic Development	1,000	68,940,000	88,440,000	1,590,725
	TOTAL OPERATING ASSETS TO BE VOTED	1,000	68,940,000	88,440,000	1,590,725
	Total Operating Assets	1,000	68,940,000	88,440,000	1,590,725
	CAPITAL EXPENSE
7	Economic Development	20,000,000	168,900	2,164,200	4,991,313
	TOTAL CAPITAL EXPENSE TO BE VOTED	20,000,000	168,900	2,164,200	4,991,313
	Total Capital Expense	20,000,000	168,900	2,164,200	4,991,313

Standard Account by Item and Sub-items
($)
VOTE -ITEM #	STANDARD ACCOUNT BY ITEM AND SUB-ITEMS
	OPERATING ASSETS
902-8	Economic Development
	Deposits and prepaid expenses	1,000
	Total Operating Assets to be Voted	1,000
	Total Operating Assets for Economic Development and Trade Program	1,000
	TOTAL OPERATING ASSETS FOR MINISTRY OF ECONOMIC DEVELOPMENT AND TRADE	1,000
	CAPITAL EXPENSE
902-7	Economic Development
	Transfer payments
	University of Toronto	20,000,000
	Total Capital Expense to be Voted	20,000,000
	Total Capital Expense for Economic Development and Trade Program	20,000,000
	TOTAL CAPITAL EXPENSE FOR MINISTRY OF ECONOMIC DEVELOPMENT AND TRADE	20,000,000