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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.
Ministry of Finance - THE ESTIMATES, 2013-14 - Summary
The Ontario Ministry of Finance manages the economic, fiscal, and financial policies of the Government of Ontario. The ministry develops economic and fiscal strategies, plans and manages government operating and capital expenditures, develops tax and pension policies, administers a number of tax statutes, tax credit and benefit programs, produces the provincial budget, and supports the Treasury Board/Management Board of Cabinet. The ministry also manages the Consolidated Revenue Fund, including raising money, establishing the government's financial controls, and reports on financial matters. The ministry oversees the government's Internal Audit function, develops policies for Ontario's financial services sector and supports the regulation of financial services institutions and intermediaries carrying on business in the province. In addition, the ministry manages Ontario's fiscal relationship with municipalities, and oversees agencies accountable to the Minister of Finance.
| VOTE | PROGRAM | Estimates |
Estimates |
Difference |
Actual |
|---|---|---|---|---|---|
| OPERATING EXPENSE | |||||
| 1201 | Ministry Administration Program | 42,374,300 | 42,673,000 | (298,700) | 37,843,044 |
| 1202 | Taxation, Agencies and Pensions Policy Program | 20,900,300 | 20,963,500 | (63,200) | 16,907,771 |
| 1203 | Economic, Fiscal, and Financial Policy Program | 1,658,650,900 | 1,886,470,900 | (227,820,000) | 1,309,142,196 |
| 1204 | Financial Services Industry Regulation Program | 3,739,600 | 2,326,900 | 1,412,700 | 3,184,189 |
| 1209 | Tax and Benefits Administration Program | 453,367,200 | 422,807,300 | 30,559,900 | 1,876,752,095 |
| TOTAL OPERATING EXPENSE TO BE VOTED | 2,179,032,300 | 2,375,241,600 | (196,209,300) | 3,243,829,295 | |
| Statutory Appropriations | |||||
| Treasury Program | 9,878,532,000 | 9,849,464,000 | 29,068,000 | 9,293,586,321 | |
| Other Statutory Appropriations | 35,584,187 | 57,468,014 | (21,883,827) | 24,181,909 | |
| Ministry Total Operating Expense | 12,093,148,487 | 12,282,173,614 | (189,025,127) | 12,561,597,525 | |
| Consolidation Adjustment - Ontario Financing Authority | 24,622,000 | 24,183,000 | 439,000 | 23,404,000 | |
| Consolidation Adjustment - Ontario Securities Commission | 95,757,000 | 95,697,000 | 60,000 | 83,495,001 | |
| Consolidation Adjustment - Ontario Electricity Financial Corporation | 1,088,000,000 | 1,138,000,000 | (50,000,000) | 902,228,025 | |
| Consolidation Adjustment - Treasury Program | 878,711,000 | 891,672,000 | (12,961,000) | 868,676,851 | |
| Consolidation Adjustment - Treasury Program- Interest Capitalization for Other Sectors | (152,243,000) | (122,136,000) | (30,107,000) | (79,870,074) | |
| Other Adjustments - Financial Services Commission of Ontario | 106,548,100 | 84,886,400 | 21,661,700 | 61,530,731 | |
| Total Including Consolidation & Other Adjustments | 14,134,543,587 | 14,394,476,014 | (259,932,427) | 14,421,062,059 | |
| OPERATING ASSETS | |||||
| 1204 | Financial Services Industry Regulation Program | 1,000 | 1,000 | - | - |
| 1209 | Tax and Benefits Administration Program | 350,000 | 301,000 | 49,000 | 334,822 |
| TOTAL OPERATING ASSETS TO BE VOTED | 351,000 | 302,000 | 49,000 | 334,822 | |
| Statutory Appropriations | 27,201,000 | 26,501,000 | 700,000 | 566,254,299 | |
| Ministry Total Operating Assets | 27,552,000 | 26,803,000 | 749,000 | 566,589,121 | |
| CAPITAL EXPENSE | |||||
| 1201 | Ministry Administration Program | 1,000 | 1,000 | - | - |
| 1203 | Economic, Fiscal, and Financial Policy Program | 1,000 | 1,000 | - | - |
| 1204 | Financial Services Industry Regulation Program | 1,000 | 1,000 | - | - |
| 1208 | Investing in Ontario Program | 1,000 | 1,000 | - | - |
| 1209 | Tax and Benefits Administration Program | 1,000 | 1,000 | - | - |
| TOTAL CAPITAL EXPENSE TO BE VOTED | 5,000 | 5,000 | - | - | |
| Statutory Appropriations | 2,640,600 | 2,600,500 | 40,100 | 3,031,541 | |
| Ministry Total Capital Expense | 2,645,600 | 2,605,500 | 40,100 | 3,031,541 | |
| Consolidation Adjustment - Ontario Financing Authority | 886,000 | 1,029,000 | (143,000) | 1,060,000 | |
| Consolidation Adjustment - Ontario Securities Commission | 3,622,000 | 2,440,000 | 1,182,000 | 1,844,000 | |
| Total Including Consolidation & Other Adjustments | 7,153,600 | 6,074,500 | 1,079,100 | 5,935,541 | |
| CAPITAL ASSETS | |||||
| 1201 | Ministry Administration Program | 1,000 | 1,000 | - | - |
| 1203 | Economic, Fiscal, and Financial Policy Program | 1,000 | 1,000 | - | - |
| 1204 | Financial Services Industry Regulation Program | 6,989,000 | 550,000 | 6,439,000 | 301,306 |
| 1209 | Tax and Benefits Administration Program | 1,000 | 1,000 | - | 637,970 |
| TOTAL CAPITAL ASSETS TO BE VOTED | 6,992,000 | 553,000 | 6,439,000 | 939,276 | |
| Ministry Total Capital Assets | 6,992,000 | 553,000 | 6,439,000 | 939,276 | |
| Ministry Total Operating and Capital Including Consolidation and Other Adjustments (not including Assets) | 14,141,697,187 | 14,400,550,514 | (258,853,327) | 14,426,997,600 |
