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