The Expenditure Estimates are available in PDF and HTML versions. The PDF version is a format reflecting the true printed version. The HTML version is an accessible format.
ENTERPRISE, OPPORTUNITY AND INNOVATION PROGRAM - VOTE 902
This program supports economic growth and job creation in Ontario by providing leadership for the development of economic and science and technology policy across the government; supporting the removal of barriers to business; 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; 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 building Ontario’s scientific and research awareness and investing in Ontario’s science and technology infrastructure. The program also manages the outstanding financial commitments for the Ontario Development Corporation.
ENTERPRISE, OPPORTUNITY AND INNOVATION PROGRAM 902 - Summary
| VOTE and item | Accrual 2003-04 Estimates | PROGRAM AND ACTIVITIES | Cash 2002-03 Estimates | Cash 2001-02 Actual |
|---|---|---|---|---|
| 902 | $ | $ | $ | |
| OPERATING | ENTERPRISE, OPPORTUNITY AND INNOVATION PROGRAM | |||
| 1 | 31,339,000 | Competitiveness and Business Development2 | 31,535,800 | 31,527,403 |
| 2 | 27,582,200 | Investment3 | 27,669,800 | 27,404,850 |
| 3 | 23,709,300 | Trade and International Relations4 | 23,497,300 | 11,849,969 |
| 4 | 10,962,500 | Field and Entrepreneurship Services5 | 11,155,800 | 9,766,428 |
| 5 | 198,246,200 | Science and Technology Development6 | 153,773,900 | 133,109,159 |
| 6 | 2,271,800 | The Ontario Development Corporation | 2,477,900 | 2,489,566 |
| 294,111,000 | Total Operating | 250,110,500 | 216,147,375 | |
| 126,100,000 | Less: Special Warrants | 81,200,000 | - | |
| 168,011,000 | Amount to be Voted | 168,910,500 | 216,147,375 | |
| Assets | ||||
| 8 | 13,352,100 | Innovation, Skills and Research Development | - | - |
| 13,352,100 | Total Assets | - | - | |
| 6,700,000 | Less: Special Warrants | - | - | |
| 6,652,100 | Amount to be Voted | - | - |
NOTE: Commencing in 2003-04, Estimates are presented on the accrual basis of accounting. Information for 2002-03 and earlier years is presented on the modified cash basis, and therefore comparison between 2003-04 and earlier year figures may not be meaningful. Differences between cash and accrual relate to adjustments such as timing of transfer payments and provisions for bad debts, that would increase or decrease the 2002-03 amounts had they been presented on the accrual basis.
Adjustments for this Ministry, if any, are indicated by superscripted references above and are explained on the page following the Ministry Summary - Reconciliation of 2002-03 Estimates from Cash to Accrual.
ENTERPRISE, OPPORTUNITY AND INNOVATION PROGRAM 902 - Summary Continued
| VOTE and item | Accrual 2003-04 Estimates | PROGRAM AND ACTIVITIES | Cash 2002-03 Estimates | Cash 2001-02 Actual |
|---|---|---|---|---|
| $ | $ | $ | ||
| 902 | ENTERPRISE, OPPORTUNITY AND INNOVATION PROGRAM | |||
| CAPITAL | ||||
| 7 | 45,558,500 | Research and DevelopmentA | 40,184,000 | 18,625,953 |
| 45,558,500 | Total Capital | 40,184,000 | 18,625,953 | |
| 22,800,000 | Less: Special Warrants | 6,500,000 | - | |
| 22,758,500 | Amount to be Voted | 33,684,000 | 18,625,953 |
NOTE: Commencing in 2003-04, Estimates are presented on the accrual basis of accounting. Information for 2002-03 and earlier years is presented on the modified cash basis, and therefore comparison between 2003-04 and earlier year figures may not be meaningful. Differences between cash and accrual relate to adjustments such as timing of transfer payments and provisions for bad debts, that would increase or decrease the 2002-03 amounts had they been presented on the accrual basis.
Adjustments for this Ministry, if any, are indicated by superscripted references above and are explained on the page following the Ministry Summary - Reconciliation of 2002-03 Estimates from Cash to Accrual.
ENTERPRISE, OPPORTUNITY AND INNOVATION PROGRAM - Standard Accounts Classification
| OPERATING | ||
|---|---|---|
| Competitiveness and Business Development (902-1) | $ | |
| Salaries and wages | 7,551,500 | |
| Employee benefits | 1,016,700 | |
| Transportation and communication | 828,100 | |
| Services | 5,206,100 | |
| Supplies and equipment | 441,200 | |
| Transfer payments | $ | |
| Grants in Support of Business Development | 60,400 | |
| Prosperity Partnerships Program | 1,000,000 | |
| Strategic Skills Investment | 14,235,000 | |
| Task Force on Competitiveness, Productivity and Economic Progress | 1,000,000 | |
| 16,295,400 | ||
| 31,339,000 | ||
| Investment (902-2) | ||
| Salaries and wages | 4,459,800 | |
| Employee benefits | 588,300 | |
| Transportation and communication | 2,079,300 | |
| Services | 19,255,000 | |
| Supplies and equipment | 718,800 | |
| Transfer payments | $ | |
| Grants in Support of Investment Development | 55,000 | |
| Urban Transportation Development Corporation | 425,000 | |
| 480,000 | ||
| Other transactions | ||
| Economic Development Fund - Interest Incentives | 1,000 | |
| 27,582,200 | ||
| Trade and International Relations (902-3) | ||
| Salaries and wages | 5,343,400 | |
| Employee benefits | 722,100 | |
| Transportation and communication | 3,700,600 | |
| Services | 12,235,400 | |
| Supplies and equipment | 1,591,800 | |
| Transfer payments | $ | |
| Grants in Support of Trade Development | 50,000 | |
| International Disaster Relief | 1,000 | |
| Jiangsu, China-Ontario, Canada Science and Technology Centre | 65,000 | |
| 116,000 | ||
| 23,709,300 | ||
| Field and Entrepreneurship Services (902-4) | ||
| Salaries and wages | 3,250,800 | |
| Employee benefits | 420,800 | |
| Transportation and communication | 501,100 | |
| Services | 6,343,200 | |
| Supplies and equipment | 199,900 | |
| Transfer payments | $ | |
| Student Entrepreneurship Experience Program - Summer Company | 750,000 | |
| Youth Partnerships | 50,000 | |
| 800,000 | ||
| Other transactions | $ | |
| Guarantees Honoured Young Entrepreneurs Program | 35,000 | |
| Youth Entrepreneurship Program - My Company | 161,700 | |
| 196,700 | ||
| 11,712,500 | ||
| Less: Recoveries | 750,000 | |
| 10,962,500 | ||
| Science and Technology Development (902-5) | ||
| Salaries and wages | 4,022,700 | |
| Employee benefits | 472,100 | |
| Transportation and communication | 470,700 | |
| Services | 4,754,500 | |
| Supplies and equipment | 184,300 | |
| Transfer payments | $ | |
| Biotechnology Cluster Innovation Program | 1,400,000 | |
| Canadian Bioprocesses Institute | 225,000 | |
| Cancer Research Institute of Ontario | 5,000,000 | |
| Centres of Excellence | 32,300,000 | |
| Electricity and Alternative Energy Centre of Excellence | 12,000,000 | |
| Interactive Digital Media Small Business Growth Fund | 178,000 | |
| International Science and Technology Research Agreements | 800,000 | |
| Ontario Cancer Research Network | 17,188,900 | |
| Ontario Rehabilitation Technology Consortium | 1,000,000 | |
| Ontario Research and Development Challenge Fund | 73,800,000 | |
| Ontario Research Performance Fund | 31,700,000 | |
| Premier’s Research Excellence Awards | 11,700,000 | |
| Science and Technology Awareness | 1,050,000 | |
| 188,341,900 | ||
| 198,246,200 | ||
| The Ontario Development Corporation (902-6) | ||
| Salaries and wages | 328,700 | |
| Employee benefits | 42,800 | |
| Transportation and communication | 15,000 | |
| Services | 1,775,300 | |
| Supplies and equipment | 10,000 | |
| Other transactions | $ | |
| Guarantees Honoured | ||
| - Agency | 500,000 | |
| - Direct | 100,000 | |
| 600,000 | ||
| 2,771,800 | ||
| Less: Recoveries | 500,000 | |
| 2,271,800 | ||
| Total Operating for Enterprise, Opportunity and Innovation Program | 294,111,000 | |
| Assets | ||
| Innovation, Skills and Research Development (902-8) | $ | |
| Advances and recoverable amounts | $ | |
| Centres of Excellence | 1,292,000 | |
| Ontario Cancer Research Network | 1,892,100 | |
| Ontario Research and Development Challenge Fund | 7,320,000 | |
| Strategic Skills Investment | 2,848,000 | |
| 13,352,100 | ||
| 13,352,100 | ||
| Total Assets for Enterprise, Opportunity and Innovation Program | 13,352,100 |
ENTERPRISE, OPPORTUNITY AND INNOVATION PROGRAM - Standard Accounts Classification Continued
| CAPITAL | ||
|---|---|---|
| Research and Development (902-7) | $ | |
| Transfer payments | $ | |
| Biotechnology Commercialization Centres Fund | 4,498,500 | |
| Broadband Regional Access | 6,200,000 | |
| Connect Ontario | 7,800,000 | |
| Medical and Related Sciences | 7,000,000 | |
| Millennium Partnerships | 3,825,000 | |
| Millennium Partnerships - COIP Contribution | 3,825,000 | |
| Ontario Research and Innovation Optical Network | 12,410,000 | |
| 45,558,500 | ||
| 45,558,500 | ||
| Total Capital for Enterprise, Opportunity and Innovation Program | 45,558,500 |