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Ministry of Finance
ECONOMIC, FISCAL, AND FINANCIAL POLICY PROGRAM - VOTE 1203
This program develops and implements sound economic and fiscal strategies to stimulate economic growth and job creation; forecasts, monitors and reports on the performance of the Ontario economy; provides expertise and policy advice on sound economic design of government initiatives; develops demographic forecasts for Ontario; develops the policy and legislative framework for Ontario's financial services industry; develops and implements a fiscal and financial management framework for the public sector in Ontario; assists the Minister of Finance and the Government in formulating Ontario's federal-provincial finance policy; develops, monitors and reports on the fiscal plan and results for the province; provides policy advice to clients, managers, and decision makers in the areas of accounting, fiscal and financial management; and fosters greater accountability and fiscal integrity in the public sector in Ontario. The program also monitors the fiscal and financial relationship between the province and the municipalities.
The Treasury Board Office coordinates fiscal strategy, risk assessment and internal audit services for the Ontario Public Service, and supports Treasury Board and Management Board of Cabinet by providing advice on the appropriate use of public resources to meet government priorities. The program also facilitates integrated supply chain and back-office leading practices in Ontario's broader public sector, and reflects the transfer of dedicated electricity earnings from the Province to the Ontario Electricity Financial Corporation.
| VOTE -ITEM # |
STANDARD ACCOUNT BY ITEM AND SUB-ITEMS | |||
|---|---|---|---|---|
| OPERATING EXPENSE | ||||
| 1203-12 | Ontario Electricity Financial Corporation Dedicated Electricity Earnings | |||
| Transfer payments | ||||
| Electricity Sector Dedicated Income | 106,000,000 | |||
| Total Operating Expense to be Voted | 106,000,000 | |||
| Total Operating Expense for Economic, Fiscal, and Financial Policy Program | 106,000,000 | |||
| TOTAL OPERATING EXPENSE FOR MINISTRY OF FINANCE | 106,000,000 |
INVESTING IN ONTARIO PROGRAM - VOTE 1208
This program is subject to the Legislature's approval of Bill 35, the proposed Investing in Ontario Act, 2008. The program would have responsibility for the distribution of all or part of the surplus for a fiscal year (reduced by any allocation to the reduction of the accumulated deficit prescribed by regulation) to eligible recipients for the purposes, and in the manner prescribed by regulation. Eligible recipients may include entities, other than individuals, that do not carry on their activities for the purposes of gain or profit.
| VOTE -ITEM # |
STANDARD ACCOUNT BY ITEM AND SUB-ITEMS | |||
|---|---|---|---|---|
| CAPITAL EXPENSE | ||||
| 1208-1 | Investing in Ontario | |||
| Transfer payments | ||||
| Bill 35 - the proposed Investing in Ontario Act, 2008, if it is enacted | 2,000,000,000 | |||
| Total Capital Expense to be Voted | 2,000,000,000 | |||
| Total Capital Expense for Investing in Ontario Program | 2,000,000,000 | |||
| TOTAL CAPITAL EXPENSE FOR MINISTRY OF FINANCE | 2,000,000,000 |