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of Small Business and Red Tape Reduction works with stakeholders and regulatory ministries to modernize and streamline outdated, duplicative, unclear or inflexible regulations in order to reduce regulatory burdens on businesses while upholding high environmental, workplace, health and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

VoteProgram

Estimates
2021-22

Estimates
2020-21

Difference
between
2021-22
and
2020-21

Actual
2019-20

 Operating expense    
901Ministry Administration Program$23,118,500$23,447,200($328,700)$21,670,007
902Economic 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    
901Ministry Administration Program-$1,000($1,000)-
902Economic 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    
902Economic 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    
902Economic 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$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$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 numberItem

Estimates
2021-22

Estimates
2020-21

Difference
between
2021-22
and
2020-21

Actual
2019-20

 Operating expense    
1Ministry 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
SMinister's Salary, the Executive Council Act$47,841$47,841-$66,768
SMinister without Portfolio’s Salary, the Executive Council Act$22,378$22,378--
SParliamentary Assistants' Salaries, the Executive Council Act$32,346$32,346-$33,334
SBad 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-itemsAmountAmount
 Operating expense  
901-1Ministry 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 numberItem

Estimates
2021-22

Estimates
2020-21

Difference
between
2021-22
and
2020-21

Actual
2019-20

 Operating expense    
13Economic 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
SBad 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    
14Economic 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    
21Economic Development, Job Creation and Trade$3,000$3,000--
 Total capital expense to be voted$3,000$3,000--
SAmortization, the Financial Administration Act$1,000$1,000--
 Total statutory appropriations$1,000$1,000--
 Total capital expense$4,000$4,000--
 Capital assets    
22Economic 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-itemsAmountAmountAmount
 Operating expense   
902-13Economic 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   
902-14Economic 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   
902-21Economic 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   
902-22Economic 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