Expenditure Estimates for the Ministry of Economic Development, Job Creation and Trade (2021-22)

The 2021-2022 Expenditure Estimates set out details of the operating and capital spending requirements of the Ministry of Economic Development, Job Creation and Trade for the fiscal year commencing April 1, 2021.

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Summary

The Ministry supports economic growth and job creation focussed on delivering value for money, enhanced accountability and improved transparency for all Ontarians. It does that by helping companies launch, grow, scale up and harness the right talent; providing programs and services that help increase Ontario's overall productivity and competitiveness; and, in these unprecedented times, helping to build domestic capacity to produce products and services needed to help Ontarians stay safe.

The Ministry also ensures Ontario's interests are represented during federally led international trade negotiations. It promotes Ontario as a top-tier investment destination, showing the world how we are making it easier to invest and do business here. And it helps Ontario companies build capacity and sell their products and services worldwide.

The Office of Small Business and Red Tape Reduction works with stakeholders and regulatory ministries to modernize and streamline outdated, duplicative, unclear or inflexible regulations in order to reduce regulatory burdens on businesses while upholding high environmental, workplace, health and public safety standards.

Ministry Program Summary

Vote	Program	Estimates 2021-22	Estimates 2020-21	Difference between 2021-22 and 2020-21	Actual 2019-20
	Operating expense
901	Ministry Administration Program	$23,118,500	$23,447,200	($328,700)	$21,670,007
902	Economic Development, Job Creation and Trade Program	$862,985,100	$553,064,400	$309,920,700	$581,855,540
	Total operating expense to be voted	$886,103,600	$576,511,600	$309,592,000	$603,525,547
	Statutory appropriations	$529,565	$529,565	-	$279,227
	Ministry total operating expense	$886,633,165	$577,041,165	$309,592,000	$603,804,774
	Consolidation adjustment - Ontario Capital Growth Corporation	($1,335,000)	($1,551,900)	$216,900	($16,932,177)
	Consolidation adjustment - General Real Estate Portfolio	-	-	-	($8,098,837)
	Total including consolidation & other adjustments	$885,298,165	$575,489,265	$309,808,900	$578,773,760
	Operating assets
901	Ministry Administration Program	-	$1,000	($1,000)	-
902	Economic Development, Job Creation and Trade Program	$65,000,000	$50,000,000	$15,000,000	$8,307,026
	Total operating assets to be voted	$65,000,000	$50,001,000	$14,999,000	$8,307,026
	Ministry total operating assets	$65,000,000	$50,001,000	$14,999,000	$8,307,026
	Capital expense
902	Economic Development, Job Creation and Trade Program	$3,000	$3,000	-	-
	Total capital expense to be voted	$3,000	$3,000	-	-
	Statutory appropriations	$1,000	$1,000	-	-
	Ministry total capital expense	$4,000	$4,000	-	-
	Total including consolidation & other adjustments	$4,000	$4,000	-	-
	Capital assets
902	Economic Development, Job Creation and Trade Program	$2,000	$2,000	-	-
	Total capital assets to be voted	$2,000	$2,000	-	-
	Ministry total capital assets	$2,000	$2,000	-	-
	Ministry total operating and capital including consolidation and other adjustments (not including assets)	$885,302,165	$575,493,265	$309,808,900	$578,773,760

Reconciliation to previously published data

Operating expense	2020-21 Estimates	2019-20 Actual
Total operating expense previously published ^{footnote 1[1]}	$579,361,365	$705,188,074
Government reorganization
Transfer of functions to other Ministries	($2,320,200)	($101,383,300)
Restated total operating expense	$577,041,165	$603,804,774

Capital expense	2020-21 Estimates	2019-20 Actual
Total capital expense previously published ^{footnote 2[2]}	$4,000	$83,400,000
Government reorganization
Transfer of functions to other Ministries	-	($83,400,000)
Restated total capital expense	$4,000	-

Ministry Administration Program - vote 901

This program provides financial, human resources, planning, legal, and other corporate services for the operational programs and certain agencies of the Ministry.

Vote summary

Item number	Item	Estimates 2021-22	Estimates 2020-21	Difference between 2021-22 and 2020-21	Actual 2019-20
	Operating expense
1	Ministry Administration	$23,118,500	$23,447,200	($328,700)	$21,670,007
	Total operating expense to be voted	$23,118,500	$23,447,200	($328,700)	$21,670,007
S	Minister's Salary, the Executive Council Act	$47,841	$47,841	-	$66,768
S	Minister without Portfolio’s Salary, the Executive Council Act	$22,378	$22,378	-	-
S	Parliamentary Assistants' Salaries, the Executive Council Act	$32,346	$32,346	-	$33,334
S	Bad Debt Expense, the Financial Administration Act	$1,000	$1,000	-	-
	Total statutory appropriations	$103,565	$103,565	-	$100,102
	Total operating expense	$23,222,065	$23,550,765	($328,700)	$21,770,109
	Operating assets
-	Accounts Receivable	-	$1,000	($1,000)	-
	Total operating assets to be voted	-	$1,000	($1,000)	-
	Total operating assets	-	$1,000	($1,000)	-

Standard account by item and sub-items

Vote- item number	Standard account by item and sub-items	Amount	Amount
	Operating expense
901-1	Ministry Administration
	Salaries and wages		$14,014,400
	Employee benefits		$1,430,000
	Transportation and communication		$630,000
	Services		$6,590,000
	Supplies and equipment		$454,100
	Other transactions		$100,000
	Subtotal		$23,218,500
	Less: recoveries		$100,000
	Total operating expense to be voted		$23,118,500
	Sub-items:
	Main Office
	Salaries and wages	$6,082,200
	Employee benefits	$562,300
	Transportation and communication	$185,000
	Services	$1,761,900
	Supplies and equipment	$75,000	$8,666,400
	Planning and Finance
	Salaries and wages	$3,673,100
	Employee benefits	$428,300
	Transportation and communication	$350,000
	Services	$1,680,100
	Supplies and equipment	$192,500
	Other transactions	$100,000
	Subtotal	$6,424,000
	Less: recoveries	$100,000	$6,324,000
	Human Resources
	Salaries and wages	$1,069,400
	Employee benefits	$105,400
	Transportation and communication	$40,000
	Services	$183,000
	Supplies and equipment	$20,000	$1,417,800
	Communications Services
	Salaries and wages	$3,154,700
	Employee benefits	$332,000
	Transportation and communication	$35,000
	Services	$700,000
	Supplies and equipment	$40,000	$4,261,700
	Legal Services
	Salaries and wages	$35,000
	Employee benefits	$2,000
	Transportation and communication	$20,000
	Services	$2,265,000
	Supplies and equipment	$126,600	$2,448,600
	Total operating expense to be voted		$23,118,500
	Statutory appropriations
Statutory	Minister's Salary, the Executive Council Act		$47,841
Statutory	Minister without Portfolio’s Salary, the Executive Council Act		$22,378
Statutory	Parliamentary Assistants' Salaries, the Executive Council Act		$32,346
	Statutory appropriations
	Other transactions
Statutory	Bad Debt Expense, the Financial Administration Act		$1,000
	Total operating expense for Ministry Administration Program		$23,222,065

Economic Development, Job Creation and Trade Program - vote 902

This program supports economic growth and job creation in Ontario by attracting and growing investment in key business clusters, regions and sectors; delivering and managing related funding and business support programs; collaborating with partner ministries to develop policies and strategies to improve business competitiveness; ensuring Ontario's interests are well-represented in all trade matters and negotiations; developing investment and trade strategies to increase Ontario's competitiveness domestically and internationally; and providing investment services and valuable connections for investors looking to establish their businesses in the province. Ontario’s new investment attraction agency, Invest Ontario, will play a pivotal role in the province’s economic recovery and growth. It will help secure anchor investments that will create jobs, diversify our economy, create new opportunities across value chains and provide new sources of revenue to support continued investments that help make Ontario a great place to live and work.

The Ministry is also developing strategies for priority industries in Ontario to ensure long-term viability, job growth and investment; advancing Foreign Direct Investment in Ontario; building strategic partnerships with leading companies and stakeholders within key sectors of Ontario's economy; and promoting Ontario as a place where businesses grow and thrive both domestically and internationally.

The Ministry is delivering investment, job creation, entrepreneurship, technology adoption and talent programs; building strong relationships with members of the entrepreneurial ecosystem to provide them with access to capital and services to scale up their businesses and create jobs; and assisting in the generation, protection and commercialization of intellectual property to maximize businesses’ success both in Ontario and globally.

The Office of Small Business and Red Tape Reduction supports the development of regulatory compliance modernization initiatives, as well as small business strategy and policy. The aim is to make government work better for businesses, including for-profits, not-for-profits and the broader public sector. Another pillar of the Office’s work is to modernize and reduce regulatory burdens on businesses while upholding high environmental, workplace, health and public safety standards.

Vote summary

Item number	Item	Estimates 2021-22	Estimates 2020-21	Difference between 2021-22 and 2020-21	Actual 2019-20
	Operating expense
13	Economic Development, Job Creation and Trade	$862,985,100	$553,064,400	$309,920,700	$581,855,540
	Total operating expense to be voted	$862,985,100	$553,064,400	$309,920,700	$581,855,540
S	Bad Debt Expense, the Financial Administration Act	$426,000	$426,000	-	$179,125
	Total statutory appropriations	$426,000	$426,000	-	$179,125
	Total operating expense	$863,411,100	$553,490,400	$309,920,700	$582,034,665
	Operating assets
14	Economic Development, Job Creation and Trade	$65,000,000	$50,000,000	$15,000,000	$8,307,026
	Total operating assets to be voted	$65,000,000	$50,000,000	$15,000,000	$8,307,026
	Total operating assets	$65,000,000	$50,000,000	$15,000,000	$8,307,026
	Capital expense
21	Economic Development, Job Creation and Trade	$3,000	$3,000	-	-
	Total capital expense to be voted	$3,000	$3,000	-	-
S	Amortization, the Financial Administration Act	$1,000	$1,000	-	-
	Total statutory appropriations	$1,000	$1,000	-	-
	Total capital expense	$4,000	$4,000	-	-
	Capital assets
22	Economic Development, Job Creation and Trade	$2,000	$2,000	-	-
	Total capital assets to be voted	$2,000	$2,000	-	-
	Total capital assets	$2,000	$2,000	-	-

Standard account by item and sub-items

Vote- item number	Standard account by item and sub-items	Amount	Amount	Amount
	Operating expense
902-13	Economic Development, Job Creation and Trade
	Salaries and wages			$48,291,700
	Employee benefits			$5,782,100
	Transportation and communication			$4,295,700
	Services			$27,694,200
	Supplies and equipment			$2,075,400
	Transfer payments
	Ontario Tourism and Hospitality Small Business Support Grant		$100,000,000
	Ontario Made Program		$1,000,000
	Auto Assemblers Investments		$36,100,000
	Automotive Plan		$10,435,000
	Business Research Institution Tax Credit		$19,707,300
	Commercialization and Innovation Network Support		$17,304,200
	Communitech Hub		$3,900,000
	Enhanced Digital Mainstreet		$10,000,000
	Invest Ontario Fund		$100,000,000
	Invest Ontario Fund - Operating		$4,297,000
	Investment Ready: Certified Site		$350,000
	Jobs and Prosperity Fund and Other Business Support Programs		$159,749,700
	Ontario Capital Growth Corporation - Operating		$2,000,000
	Ontario Centre of Innovation		$16,400,000
	Ontario Innovation Tax Credit		$157,139,600
	Ontario Together Fund		$44,000,000
	Ontario Vehicle Innovation Network		$3,700,000
	Regional Opportunities Investment Tax Credit		$64,661,100
	Sector Support Grants		$10,404,000
	Small Business Enterprise Centres Entrepreneurship Programs		$10,901,000
	Toronto Global		$2,500,000
	Trillium Network for Advanced Manufacturing		$500,000	$775,048,900
	Subtotal			$863,188,000
	Less: recoveries			$202,900
	Total operating expense to be voted			$862,985,100
	Sub-items:
	Economic Development and Investment
	Salaries and wages		$18,840,200
	Employee benefits		$2,403,600
	Transportation and communication		$2,143,000
	Services		$7,817,400
	Supplies and equipment		$1,390,600
	Transfer payments
	Ontario Tourism and Hospitality Small Business Support Grant	$100,000,000
	Ontario Made Program	$1,000,000
	Auto Assemblers Investments	$36,100,000
	Automotive Plan	$10,435,000
	Enhanced Digital Mainstreet	$10,000,000
	Invest Ontario Fund	$100,000,000
	Invest Ontario Fund - Operating	$4,297,000
	Investment Ready: Certified Site	$350,000
	Jobs and Prosperity Fund and Other Business Support Programs	$159,749,700
	Ontario Together Fund	$44,000,000
	Ontario Vehicle Innovation Network	$3,700,000
	Regional Opportunities Investment Tax Credit	$64,661,100
	Sector Support Grants	$10,404,000
	Toronto Global	$2,500,000
	Trillium Network for Advanced Manufacturing	$500,000	$547,696,800	$580,291,600
	Strategy and Policy
	Salaries and wages		$7,534,700
	Employee benefits		$916,900
	Transportation and communication		$137,100
	Services		$723,800
	Supplies and equipment		$76,900
	Subtotal		$9,389,400
	Less: recoveries		$202,900	$9,186,500
	Start-ups and Scale-ups
	Salaries and wages		$6,800,000
	Employee benefits		$885,000
	Transportation and communication		$415,600
	Services		$2,502,700
	Supplies and equipment		$229,000
	Transfer payments
	Small Business Enterprise Centres Entrepreneurship Programs		$10,901,000	$21,733,300
	International Trade
	Salaries and wages		$15,116,800
	Employee benefits		$1,576,600
	Transportation and communication		$1,600,000
	Services		$16,650,300
	Supplies and equipment		$378,900	$35,322,600
	Innovation
	Transfer payments
	Business Research Institution Tax Credit	$19,707,300
	Commercialization and Innovation Network Support	$17,304,200
	Communitech Hub	$3,900,000
	Ontario Capital Growth Corporation - Operating	$2,000,000
	Ontario Centre of Innovation	$16,400,000
	Ontario Innovation Tax Credit	$157,139,600	$216,451,100	$216,451,100
	Total operating expense to be voted			$862,985,100
	Statutory appropriations
	Other transactions
Statutory	Bad Debt Expense, the Financial Administration Act			$426,000
	Total operating expense for Economic Development, Job Creation and Trade Program			$863,411,100
	Operating assets
902-14	Economic Development, Job Creation and Trade
	Loans and Investments
	Invest Ontario		$25,000,000
	Ontario Together Fund		$10,000,000
	Jobs and Prosperity Fund and Other Business Support Programs		$30,000,000	$65,000,000
	Total operating assets to be voted			$65,000,000
	Total operating assets for Economic Development, Job Creation and Trade Program			$65,000,000
	Capital expense
902-21	Economic Development, Job Creation and Trade
	Other transactions			$3,000
	Total capital expense to be voted			$3,000
	Statutory appropriations
	Other transactions
Statutory	Amortization, the Financial Administration Act			$1,000
	Total capital expense for Economic Development, Job Creation and Trade Program			$4,000
	Capital assets
902-22	Economic Development, Job Creation and Trade
	Investments in Tangible Capital Asset			$1,000
	Land and marine fleet - asset costs			$1,000
	Total capital assets to be voted			$2,000
	Total capital assets for Economic Development, Job Creation and Trade Program			$2,000

Updated: October 18, 2021

Published: April 21, 2021

Footnotes

footnote[1] Back to paragraph Total operating expense includes statutory appropriations, special warrants and total operating expense to be voted.
footnote[2] Back to paragraph Total capital expense includes statutory appropriations, special warrants and total capital expense to be voted.