EXPENDITURE BUDGET

Transcription

1 EXPENDITURE BUDGET ADDENDUM SPECIAL FUNDS BUDGET

2 Expenditure Budget Special Funds Budget Addendum Gouvernement du Québec 2017

3 Explanatory Notes MODIFICATIONS TO THE SPECIAL FUNDS BUDGET On March 23, 2017, the National Assembly adopted the Act to amend the Environment Quality Act to modernize the environmental authorization scheme and to amend other legislative provisions, in particular to reform the governance of the Green Fund (S.Q. 2017, chapter 4). In particular, this Act establishes the Fund for the Protection of the Environment and the Waters in the Domain of the State and consequently modifies revenue sources and admissible expenditures of the Green Fund. The Addendum to the Special Funds Budget presents the expenditure and investment forecasts of the Fund for the Protection of the Environment and the Waters in the Domain of the State for the fiscal year as well as the corresponding modifications in the Green Fund in order that they may be approved by the National Assembly. The total of the forecasts and expenditures tabled in the National Assembly remains the same; only their allocation has been modified Expenditure Budget 1

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5 SUMMARY OF SPECIAL FUND EXPENDITURES AND INVESTMENTS

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7 Summary of Special Fund Expenditures and Investments Expenditures and Investments Forecast for the Fiscal Year (thousands of dollars) Portfolios Expenditure Investment Affaires municipales et Occupation du territoire Territories Development Fund 109, Conseil du trésor et Administration gouvernementale Natural Disaster Assistance Fund 5, Culture et Communications Avenir Mécénat Culture Fund 5, Québec Cultural Heritage Fund 18, Développement durable, Environnement et Lutte contre les changements climatiques Fund for the Protection of the Environment and the Waters in the Domain of the State 22, ,400.0 Green Fund 775, ,473.5 Économie, Science et Innovation Mining and Hydrocarbon Capital Fund ,750.0 Economic Development Fund 452, ,992.0 Éducation et Enseignement supérieur Sports and Physical Activity Development Fund 76, ,279.2 University Excellence and Performance Fund 26, Énergie et Ressources naturelles Famille Energy Transition Fund Natural Resources Fund 32, Territorial Information Fund 113, ,312.5 Caregiver Support Fund 14, Educational Childcare Services Fund 2,332, Early Childhood Development Fund 21, Finances Financing Fund 2, Generations Fund - - IFC Montréal Fund 1, Northern Plan Fund 74, Fund of the Financial Markets Administrative Tribunal 2, Tax Administration Fund 926, Forêts, Faune et Parcs Justice Natural Resources Fund - Sustainable Forest Development Section 542, ,000.0 Access to Justice Fund 16, Crime Victims Assistance Fund 27, Register Fund of the Ministère de la Justice 38, ,984.2 Fund of the Administrative Tribunal of Québec 41, ,165.7 Public Contracts Fund 2, Expenditure Budget 5

8 Summary of Special Fund Expenditures and Investments Expenditures and Investments Forecast for the Fiscal Year (cont'd) (thousands of dollars) Portfolios Expenditure Investment Santé et Services sociaux Health and Social Services Information Resources Fund 213, ,488.5 Fund for the Promotion of a Healthy Lifestyle - - Sécurité publique Police Services Fund 596, ,958.1 Tourisme Tourism Partnership Fund 163, Transports, Mobilité durable et Électrification des transports Air Service Fund 66, ,910.0 Rolling Stock Management Fund 112, ,928.0 Highway Safety Fund 53, Land Transportation Network Fund 3,267, ,047,685.0 Travail, Emploi et Solidarité sociale Assistance Fund for Independent Community Action 23, Labour Market Development Fund 1,054, National Capital and National Capital Region Fund 15, Goods and Services Fund 102, ,394.0 Information Technology Fund of the Ministère de l'emploi et de la Solidarité sociale 22, ,000.0 Administrative Labour Tribunal Fund 84, ,260.0 Fonds québécois d'initiatives sociales 21, Total to be Approved 11,481, ,266,334.3 Addendum to the Special Funds Budget 6

9 SPECIAL FUNDS BUDGET

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11 Développement durable, Environnement et Lutte contre les changements climatiques Expenditures and Investments Forecast for the Fiscal Year (thousands of dollars) Special Funds Expenditure Investment Fund for the Protection of the Environment and the Waters in the Domain of the State 22,782.4) 5,400.0) Green Fund 775,276.9) 9,473.5) Total to be Approved 798,059.3) 14,873.5) Excess Expenditures and Investments for the Fiscal Year (thousands of dollars) Special Fund Expenditure Investment Green Fund -) -) Total to be Approved -) -) Expenditure Budget 9

12 Développement durable, Environnement et Lutte contre les changements climatiques Fund for the Protection of the Environment and the Waters in the Domain of the State PRESENTATION OF THE ENTITY The Fund for the Protection of the Environment and the Waters in the Domain of the State was created following the sanction on March 23, 2017 of the Act to amend the Environment Quality Act to modernize the environmental authorization scheme and to amend other legislative provisions, in particular to reform the governance of the Green Fund (S.Q. 2017, chapter 4). Among other things, the objective of this Fund is to support the realization of measures that foster sustainable development. In particular, it finances activities, projects or programs that stimulate technological innovation, research and development, knowledge acquisition and performance enhancement, as well as raise awareness and educate the population. The Fund for the Protection of the Environment and the Waters in the Domain of the State is an accounting vehicle that allows the Minister to channel income into it toward the realization of the mission of the Ministère du Développement durable, de l Environnement et de la Lutte contre les changements climatiques. The main sources of revenue for the Fund for the Protection of the Environment and the Waters in the Domain of the State are: Charges for environmental authorizations, fines and administrative sanctions; Annual fees relative to industrial cleanup certification; Amounts collected for access rights to waters in the domain of the State; Amounts collected for accrediting individuals and municipalities; Amounts collected through the application of the Dam Safety Act (CQLR, chapter S ) from deposits received in compensation from the federal government under the transfer agreement with regard to the management of three dams; The contribution of the Government of Canada following from federal-provincial agreements. These revenues will notably allow for the financing of expenditures associated with fee-based activities, oversight and control with respect to the Environment Quality Act (CQLR, chapter Q-2) and its regulations, the implementation of the Programme de réduction des rejets industriels, the supervision of hydrometric monitoring in Québec's territory, as well as the management, development and maintenance of three Témiscamingue dams, the responsibility of which has been transferred from the federal government to the Gouvernement du Québec. BUDGET FORECASTS REVENUES For the fiscal year, estimated revenues for the Fund for the Protection of the Environment and the Waters in the Domain of the State are $25.7 million. Addendum to the Special Funds Budget 10

13 Développement durable, Environnement et Lutte contre les changements climatiques EXPENDITURES Forecast expenditures for the Fund for the Protection of the Environment and the Waters in the Domain of the State for the fiscal year are set at $22.8 million. INVESTMENTS Forecast investments in the Fund for the Protection of the Environment and the Waters in the Domain of the State are set at $5.4 million for the fiscal year Expenditure Budget 11

14 Développement durable, Environnement et Lutte contre les changements climatiques Fund for the Protection of the Environment and the Waters in the Domain of the State Forecast Results for the Fiscal Year (thousands of dollars) Forecast Results Probable Results Revenues Revenues - Portion Funded by the Department -) -) Other Revenues 25,687.5) -) Total Revenues 25,687.5) -) Expenditures to be Approved 22,782.4) -) Surplus (Deficit) of the Fiscal Year 2,905.1) -) Beginning Cumulative Surplus (Deficit) 33,914.4) 1 -) Ending Cumulative Surplus (Deficit) 36,819.5) -) Investments Fixed Assets 5,400.0) -) Loans and Investments -) -) Investments to be Approved 5,400.0) -) Financing Fund Loan Balance -) -) Balance of Advances to (from) the General Fund -) -) Total -) -) 1 The beginning cumulative surplus of $33.9 million comes from a part of the cumulative surplus of the Green Fund. Addendum to the Special Funds Budget 12

15 Développement durable, Environnement et Lutte contre les changements climatiques Green Fund PRESENTATION OF THE ENTITY Created in June 2006, the Green Fund is allocated to measures or programs the Minister can pursue in the performance of his duties. Among other things, the Fund aims to support measures favouring sustainable development, more specifically with regard to their environmental components, including the fight against climate change. The Green Fund, which provides significant financial leverage, is an accounting vehicle that allows the Minister to channel income into it to support its different partners, i.e. municipalities, businesses and non-profit bodies active in the environmental field. The Green Fund greatly helps the Ministère du Développement durable, de l'environnement et de la Lutte contre les changements climatiques achieve its mission. It is part of the Minister's portfolio. The various revenue sources are used for the purposes for which they are collected, in accordance with the principle that the polluter pays. This significant financial leverage ties into the Department's vision in that it contributes to the development within Québec of a healthy environment and responsible economic growth. The Green Fund's main sources of revenue are: Revenues from the sale of greenhouse gas emission units under the cap and trade system for greenhouse gas emission allowances (carbon market); The charges for the disposal of residual materials; The charge payable for the use of water. It should be noted that, with respect to climate change, the Department is not the only one to implement programs and measures funded by the Green Fund. Therefore, as the coordinator of the Climate Change Action Plan, the Department has entered into agreements with other departments and bodies allowing them to use the amounts paid to the Fund to carry out the activities set out in this plan. Lastly, the Department has strengthened the governance of the Green Fund in order to ensure better control of expenses. Accordingly, the Act to amend the Environment Quality Act to modernize the environmental authorization scheme and to amend other legislative provisions, in particular to reform the governance of the Green Fund (S.Q. 2017, chapter 4) was sanctioned on March 23, BUDGET FORECASTS REVENUES For the fiscal year, estimated revenues for the Green Fund are $684.0 million, an increase of $266.0 million from the probable revenues of $418.0 million, mainly due to an increase in anticipated revenues from the carbon market Expenditure Budget 13

16 Développement durable, Environnement et Lutte contre les changements climatiques EXPENDITURES Forecast expenditures for the Green Fund for the fiscal year are set at $775.3 million, up $13.6 million from the probable expenditures of $761.7 million. The variation is mainly due to the implementation of the Climate Change Action Plan. INVESTMENTS Forecast investments in the Green Fund are set at $9.5 million for , up $4.4 million from the probable investments of $5.1 million. This variation is mainly due to an investment of $3.0 million under the Climate Change Action Plan to make educational institutions greener. Addendum to the Special Funds Budget 14

17 Développement durable, Environnement et Lutte contre les changements climatiques Green Fund Forecast Results for the Fiscal Year (thousands of dollars) Forecast Results Probable Results Revenues Revenues - Portion Funded by the Department -) -) Other Revenues 683,978.5) 417,970.0) Total Revenues 683,978.5) 417,970.0) Expenditures by Department Affaires municipales et Occupation du territoire 12,436.7) 1,124.7) Agriculture, Pêcheries et Alimentation 2,050.0) 1,775.2) Développement durable, Environnement et Lutte contre les changements 210,470.6) 191,346.6) climatiques 1 Économie, Science et Innovation 2 49,077.6) 14,468.7) Énergie et Ressources naturelles 3 160,864.3) 127,127.8) Finances 40,841.0) 122,600.0) Forêts, Faune et Parcs 4 5,733.8) 5,766.7) Relations internationales et Francophonie 314.7) 6,314.7) Santé et Services sociaux 2,815.0) 4,884.5) Sécurité publique 5,676.1) 5,016.6) Tourisme (Fonds de partenariat touristique) 300.0) 325.0) Transports, Mobilité durable et Électrification des transports 5 284,067.4) 280,511.7) Travail, Emploi et Solidarité sociale (Régie du bâtiment du Québec) 629.7) 398.3) Expenditures to be Approved 775,276.9) 761,660.5) Surplus (Deficit) of the Fiscal Year (91,298.4) (343,690.5) Beginning Cumulative Surplus (Deficit) 790,933.5) 6 1,168,538.4) Ending Cumulative Surplus (Deficit) 699, ,847.9) Investments Fixed Assets 9,473.5) 5,115.7) Loans and Investments -) -) Investments to be Approved 9,473.5) 5,115.7) Financing Fund Loan Balance -) -) Balance of Advances to (from) the General Fund -) -) Total -) -) 1 Including an amount of $11.0 million in and of $8.4 million in in the Société québécoise de récupération et de recyclage. 2 Including an amount of $15.2 million in for the Economic Development Fund. 3 Including an amount of $122.7 million in for the Natural Resources Fund, as well as an amount of $157.8 million in for Transition énergétique Québec. 4 Including an amount of $4.9 million in and of $4.7 million in in the sustainable forest development section of the Natural Resources Fund. 5 Including an amount of $258.2 million in and of $254.2 million in in the Land Transportation Network Fund. 6 On April 1, 2017, a part of the cumulative surplus of the Green Fund, an amount of $33.9 million, has been attributed to the Fund for the Protection of the Environment and the Waters in the Domain of the State. The cumulative surplus of the Green Fund is therefore $790.9 million on April 1, Expenditure Budget 15

18 Développement durable, Environnement et Lutte contre les changements climatiques RESULTS FOR THE FISCAL YEAR Green Fund Excess Expenditures and Investments for the Fiscal Year (thousands of dollars) Forecast Results Actual Results Excess to be Approved Total Revenues 795,294.8) 996,672.0) Total Expenditures 795,867.6) 488,984.1) - Surplus (Deficit) of the Fiscal Year (572.8) 507,687.9) Beginning Cumulative Surplus (Deficit) 586,183.2) 660,850.5) Ending Cumulative Surplus (Deficit) 585,610.4) 1,168,538.4) Investments 14,538.7) 3,605.8) - Addendum to the Special Funds Budget 16

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