About the Ministry of Economic Development, Trade and Employment
The Ministry of Economic Development, Trade and Employment supports a strong, innovative economy that can provide jobs, opportunities and prosperity for all Ontarians.
First elected as the MPP for the Toronto riding of St. Paul’s in 2009, Dr. Hoskins was appointed Minister of Economic Development, Trade and Employment in February 2013.
- Year created: 2013
- Number of employees: 602
- Total budget (operating + capital + consolidation): $911 Million
What we do
The ministry delivers a range of programs, services and tools to help businesses innovate and compete in today’s fast-changing global economy, including business support and youth entrepreneurship programs, strategic investments and international trade and export expertise.
Through the government’s Open for Business initiative, the ministry helps make investing in Ontario more attractive for businesses, while protecting the public interest.
Through the Accessibility Directorate of Ontario, the ministry works with the disability, private and public sectors in the interest of promoting accessibility for all.
Agencies, Boards and Commissions
The ministry is affiliated with six agencies, which are independent bodies established by the government but not part of the ministry.
Ontario Investment and Trade Advisory Council
The council provides strategic advice and support to the government on promoting Ontario to the world as a preferred location for investment. It also helps Ontario firms export into new markets or expand their exports to existing markets.
Small Business Agency of Ontario
The agency helps to improve interactions between government and small- and medium-sized enterprises. It serves as a sounding board and provides high-level and strategic advice to the government on key issues affecting the growth and competitiveness of businesses in Ontario.
Operational Enterprise Agencies
Ontario Manufacturing Council
The council advises the government on the challenges and opportunities that Ontario manufacturers face as they compete in a globally competitive marketplace.
Ontario Immigrant Investor Corporation
The corporation acts as a receiver for immigrant investor funds, as required by the federal government under the federal Immigrant Investor Program.
The ministry administers: