ECONOMIC DEVELOPMENT AND TRADE PROGRAM - VOTE 902

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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, science and technology and commercialization 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; 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; providing a one window access for small business into the government to reduce barriers and expand opportunities; building Ontario's scientific and research awareness and investing in Ontario's science and technology infrastructure; and managing alcohol and gaming policy and overseeing the Liquor Control Board of Ontario and the Ontario Lottery and Gaming Corporation. The program also manages the outstanding financial commitments for the Ontario Development Corporation.

ECONOMIC DEVELOPMENT AND TRADE PROGRAM 902 - Operating Expenses Summary

VOTE and item	Accrual 2004-05 Estimates	VOTE AND ITEMS	Change from 2003-04	Accrual 2003-04 Estimates	Cash 2002-03 Actual
	$		$	$	$
902		ECONOMIC DEVELOPMENT AND TRADE PROGRAM
OPERATING
1	31,453,200	Competitiveness and Business Development	1,022,700	30,430,500	28,868,253
2	98,921,300	Investment	71,339,100	27,582,200	24,195,523
3	26,848,400	Trade	4,720,500	22,127,900	9,444,382
4	14,083,500	Entrepreneurship and Field Services	1,195,400	12,888,100	12,353,693
5	226,317,000	Science and Technology Development	28,948,300	197,368,700	138,607,206
6	1,201,900	The Ontario Development Corporation	(1,069,900)	2,271,800	2,518,535
	398,825,300	Total Operating	106,156,100	292,669,200	215,987,592
	-	Less: Special Warrants	(126,100,000)	126,100,000	-
	398,825,300	Amount to be Voted	232,256,100	166,569,200	215,987,592
Assets
8	14,272,000	Innovation, Skills and Research Development	919,900	13,352,100	-
	14,272,000	Total Assets	919,900	13,352,100	-
	-	Less: Special Warrants	(6,700,000)	6,700,000	-
	14,272,000	Amount to be Voted	7,619,900	6,652,100	-
CAPITAL
7	38,792,000	Research and Development	(6,766,500)	45,558,500	22,537,098
	38,792,000	Total Capital	(6,766,500)	45,558,500	22,537,098
	-	Less: Special Warrants	(22,800,000)	22,800,000	-
	38,792,000	Amount to be Voted	16,033,500	22,758,500	22,537,098

ECONOMIC DEVELOPMENT AND TRADE PROGRAM - Standard Accounts Classification of Activities and Sub-activities - OPERATING EXPENSES

OPERATING
Competitiveness and Business Development (902-1)
		$
Salaries and wages		8,048,900
Employee benefits		1,046,400
Transportation and communication		932,900
Services		7,798,300
Supplies and equipment		539,100
Transfer payments	$
Grants in Support of Business Development	100,000
Strategic Skills Investment	12,200,000
Task Force on Competitiveness	1,000,000
		13,300,000
		31,665,600
Less: Recoveries		212,400
		31,453,200
Investment (902-2)
Salaries and wages		5,327,700
Employee benefits		692,200
Transportation and communication		3,710,600
Services		34,039,000
Supplies and equipment		1,676,800
Transfer payments	$
Grants in Support of Investment Development	100,000
Large Scale Strategic Investment Fund	4,000,000
Ontario Automotive Investment Strategy Fund	49,000,000
Urban Transportation Development Corporation	375,000
		53,475,000
		98,921,300
Trade (902-3)
Salaries and wages		5,086,100
Employee benefits		663,000
Transportation and communication		4,142,200
Services		15,500,300
Supplies and equipment		1,356,800
Transfer payments
Grants in Support of Trade Development		100,000
		26,848,400
Entrepreneurship and Field Services (902-4)		$
Salaries and wages		4,100,200
Employee benefits		532,800
Transportation and communication		641,100
Services		7,989,500
Supplies and equipment		419,900
Transfer payments	$
Grants in Support of Business Development	100,000
Student Entrepreneurship Experience Program - Summer Company	800,000
Youth Partnerships	50,000
		950,000
Other transactions	$
Guarantees Honoured
- Young Entrepreneurs Program	50,000
- Youth Entrepreneurship Program - My Company	150,000
		200,000
		14,833,500
	Less: Recoveries	750,000
		14,083,500

Science and Technology Development (902-5)		$
Salaries and wages		4,375,100
Employee benefits		568,800
Transportation and communication		996,700
Services		7,018,800
Supplies and equipment		357,600
Transfer payments	$
Biotechnology Cluster Innovation Program	4,684,000
Canadian Bioprocesses Institute	116,000
Cancer Research Program	2,500,000
Centres of Excellence	34,300,000
Fuel Cells Technologies Program	1,500,000
Grants in Support of Science and Technology Development	100,000
Health Technologies Program	1,500,000
Ontario Cancer Research Network	19,500,000
Ontario Research and Development Challenge Fund	85,100,000
Ontario Research Commercialization Fund	2,000,000
Ontario Research Fund	42,500,000
Perimeter Institute	5,000,000
Premier's Research Excellence Awards	4,000,000
Research Talent Development Program	7,700,000
Science and Technology Awareness	406,000
Science and Technology Connections and Partnerships	2,094,000
		213,000,000
		226,317,000
The Ontario Development Corporation (902-6)		$
Salaries and wages		100,000
Employee benefits		13,000
Transportation and communication		10,000
Services		973,900
Supplies and equipment		5,000
Other transactions	$
Guarantees Honoured
- Agency	100,000
- Direct	100,000
		200,000
		1,301,900
Less: Recoveries		100,000
		1,201,900
	Total Operating for Economic Development and Trade Program	398,825,300
Assets
Innovation, Skills and Research Development (902-8)		$
Deposits and prepaid expenses	$
Centres of Excellence	1,372,000
Ontario Cancer Research Network	1,950,000
Ontario Research and Development Challenge Fund	8,510,000
Strategic Skills Investment	2,440,000
		14,272,000
		14,272,000
	Total Assets for Economic Development and Trade Program	14,272,000

ECONOMIC DEVELOPMENT AND TRADE PROGRAM - Standard Accounts Classification of Activities and Sub-activities - CAPITAL EXPENSES

CAPITAL
Research and Development (902-7)		$
Transfer payments	$
Biotechnology
Commercialization Centres Fund	5,762,000
Broadband Regional
Access	2,000,000
Connect Ontario	5,000,000
Medical and Related Sciences	5,000,000
Millennium Partnerships	3,150,000
Millennium Partnerships - COIP Contribution	3,150,000
Ontario Research and Innovation Optical Network	2,230,000
Ontario Research Fund	12,500,000
		38,792,000
		38,792,000
	Total Capital for Economic Development and Trade Program	38,792,000