Ministry of Finance (Ontario)

Template:Use mdy dates Template:Refimprove Template:Template other The Ministry of Finance (Template:Langx) is a ministry of the Government of Ontario responsible for managing the province's fiscal policy, developing the provincial budget, and financial sector regulation. The minister of finance – called the treasurer before 1993 – leads the ministry and is responsible to the Legislative Assembly of Ontario.

History

For most of the period from 1867 until 1993, the minister was called the treasurer or provincial treasurer.

The ministry were renamed the Ministry of Economics in 1956 and the minister became known as Minister in charge of Economics instead of treasurer. From January to December 1961, the ministry became the Ministry of Economics and Federal and Provincial Relations. The title of treasurer was revived in December 1961 with the minister also often holding the secondary title of minister of economics or some variation after 1968. Frank Miller had the sole title of minister of economics from 1978 until 1981 when he was given the additional title of treasurer. At various times in the 1960s and 1970s the minister also held the titles of chairman of the management board of cabinet, chairman of the treasury board and/or minister of revenue. This practice was revived in recent years with Greg Sorbara acting as finance minister and chair of both the management board and the treasury board. It has ended as there is now a different person holding the position of chair of the management and treasury board.

In 1993, the positions of treasurer and minister of economics were formally combined and renamed the minister of finance.

In early 2007, Premier Dalton McGuinty split the province's revenue collection function from the Ministry of Finance and resurrected the Ministry of Revenue,Template:Third party inline a portfolio that had not been used since the Ontario New Democratic Party government of Bob Rae in 1993. Following the 2011 Ontario general election, the Ministry of Revenue was merged back into the Ministry of Finance.

List of ministers

	Portrait	Name	Term of office		Tenure	Political party (Ministry)	Note
	Treasurer
style="background:Template:Canadian party colour;"|	File:Edmund Burke Wood.jpg	Edmund Burke Wood	Template:Dts	Template:Dts	Template:Ayd	style="background:Template:Canadian party colour;"|Liberal Conservative (MacDonald)
style="background:Template:Canadian party colour;"|	File:Alexander McKenzie3.jpg	Alexander Mackenzie	Template:Dts	Template:Dts	Template:Ayd	style="background:Template:Canadian party colour;"| Liberal (Blake)
style="background:Template:Canadian party colour;"|	File:AdamCrooks23.jpg	Adam Crooks	Template:Dts	Template:Dts	Template:Ayd	rowspan=5; style="background:Template:Canadian party colour;"| Liberal (Mowat)
style="background:Template:Canadian party colour;"|	File:SamuelCaseyWood23.jpg	Samuel Wood	Template:Dts	Template:Dts	Template:Ayd	Concurrently Commissioner of Agriculture
style="background:Template:Canadian party colour;"|	File:JamesYoung23.jpg	James Young	Template:Dts	Template:Dts	Template:Ayd	Concurrently Commissioner of Agriculture
style="background:Template:Canadian party colour;"|		Alexander Ross	Template:Dts	Template:Dts	Template:Ayd	Concurrently Commissioner of Agriculture (November 2, 1883 - May 1, 1888)
rowspan=2; style="background:Template:Canadian party colour;"|	File:Richard Harcourt.jpg	Richard Harcourt	Template:Dts	Template:Dts	Template:Ayd
Template:Dts			Template:Dts	style="background:Template:Canadian party colour;"| Liberal (Hardy)
style="background:Template:Canadian party colour;"|	File:Honourable GW Ross, Prime Minister for Ontario (HS85-10-12129).jpg	George William Ross	Template:Dts	Template:Dts	Template:Ayd	style="background:Template:Canadian party colour;"| Liberal (Ross)	While Premier
style="background:Template:Canadian party colour;"|		Arthur Matheson	Template:Dts	Template:Dts	Template:Ayd	rowspan=3; style="background:Template:Canadian party colour;"|Conservative (Whitney)	Died in office
style="background:Template:Canadian party colour;"|		???	Template:Dts	Template:Dts	Template:Ayd
rowspan=2; style="background:Template:Canadian party colour;"|	File:Isaac Benson Lucas.jpg	Isaac Lucas	Template:Dts	Template:Dts	Template:Ayd
Template:Dts			Template:Dts	rowspan=2; style="background:Template:Canadian party colour;"|Conservative (Hearst)
style="background:Template:Canadian party colour;"|	File:Thomas McGarry.jpg	Thomas McGarry	Template:Dts	Template:Dts	Template:Ayd
style="background:Template:Canadian party colour;"|		Peter Smith	Template:Dts	Template:Dts	Template:Ayd	style="background:Template:Canadian party colour;"|United Farmers (Drury)
style="background:Template:Canadian party colour;"|	File:William Herbert Price.png	William Herbert Price	Template:Dts	Template:Dts	Template:Ayd	rowspan=3; style="background:Template:Canadian party colour;"|Conservative (Ferguson)
style="background:Template:Canadian party colour;"|		Joseph Monteith	Template:Dts	Template:Dts	Template:Ayd
rowspan=2; style="background:Template:Canadian party colour;"|	File:Edward Arunah Dunlop.png	Edward Arunah Dunlop	Template:Dts	Template:Dts	Template:Ayd
Template:Dts			Template:Dts	rowspan=2; style="background:Template:Canadian party colour;"|Conservative (Henry)
style="background:Template:Canadian party colour;"|	File:George Stewart Henry.jpg	George Stewart Henry	Template:Dts	Template:Dts	Template:Ayd	While Premier
rowspan=2; style="background:Template:Canadian party colour;"|	File:Mitchell Hepburn1.jpg	Mitchell Hepburn	Template:Dts	Template:Dts	Template:Ayd	style="background:Template:Canadian party colour;"| Liberal (Hepburn)	While Premier
Template:Dts			Template:Dts	rowspan=2; style="background:Template:Canadian party colour;"| Liberal (Conant)
rowspan=2; style="background:Template:Canadian party colour;"|		Arthur Gordon	Template:Dts	Template:Dts	Template:Ayd
Template:Dts			Template:Dts	style="background:Template:Canadian party colour;"| Liberal (Nixon)
rowspan=3; style="background:Template:Canadian party colour;"|	File:Leslie Frost Premier of Ontario.jpg	Leslie Frost	Template:Dts	Template:Dts	Template:Ayd (first instance)	style="background:Template:Canadian party colour;"|PC (Drew)	Concurrently Minister of Mines
Template:Dts			Template:Dts	style="background:Template:Canadian party colour;"|PC (Kennedy)		Concurrently Minister of Mines
Template:Dts			Template:Dts	rowspan=8; style="background:Template:Canadian party colour;"|PC (Frost)		While Premier
style="background:Template:Canadian party colour;"|	File:Dana Porter.JPG	Dana Porter	Template:Dts	Template:Dts	Template:Ayd
	Minister in Charge of the Department of Economics
style="background:Template:Canadian party colour;"|	File:Dana Porter.JPG	Dana Porter	Template:Dts	Template:Dts
style="background:Template:Canadian party colour;"|	File:Leslie Frost Premier of Ontario.jpg	Leslie Frost	Template:Dts	Template:Dts	Template:Ayd (second instance) (12 years, 84 days in total)	While Premier
style="background:Template:Canadian party colour;"|	File:James Allan portrait 1956.jpg	James Allan	Template:Dts	Template:Dts	Template:Ayd	Concurrently Minister of Public Works (May 14, 1958 – December 22, 1958)
	Minister of Economics and Federal and Provincial Relations
style="background:Template:Canadian party colour;"|		James Allan	Template:Dts	Template:Dts
	Treasurer					rowspan=5; style="background:Template:Canadian party colour;"| PC (Robarts)
style="background:Template:Canadian party colour;"|		James Allan	Template:Dts	Template:Dts		Also Chair of the Treasury Board
style="background:Template:Canadian party colour;"|	File:Charles S. McNaughton.jpg	Charles MacNaughton	Template:Dts	Template:Dts	Template:Ayd (first instance)	Also Chair of the Treasury Board
	Treasurer and Minister of Economics
style="background:Template:Canadian party colour;"|	File:Charles S. McNaughton.jpg	Charles MacNaughton	Template:Dts	Template:Dts		Also Chair of the Treasury Board
style="background:Template:Canadian party colour;"|		Darcy McKeough	Template:Dts	Template:Dts	Template:Ayd (first instance)	rowspan=10; style="background:Template:Canadian party colour;"| PC (Davis)	Also Chair of the Treasury Board
	Treasurer and Minister of Economics and Intergovernmental Affairs
style="background:Template:Canadian party colour;"|		Darcy McKeough	Template:Dts	Template:Dts
style="background:Template:Canadian party colour;"|	File:Charles S. McNaughton.jpg	Charles MacNaughton	Template:Dts	Template:Dts	Template:Ayd (second instance) (4 years, 286 days in total)
style="background:Template:Canadian party colour;"|		John White	Template:Dts	Template:Dts	Template:Ayd
style="background:Template:Canadian party colour;"|		Darcy McKeough	Template:Dts	Template:Dts	Template:Ayd (second instance) (4 years, 249 days in total)
style="background:Template:Canadian party colour;"|		Frank Miller	Template:Dts	Template:Dts	Template:Ayd
	Treasurer and Minister of Economics
style="background:Template:Canadian party colour;"|		Frank Miller	Template:Dts	Template:Dts
style="background:Template:Canadian party colour;"|		Larry Grossman	Template:Dts	Template:Dts	Template:Ayd
	Treasurer					rowspan=3; style="background:Template:Canadian party colour;"| PC (Miller)
style="background:Template:Canadian party colour;"|		Larry Grossman	Template:Dts	Template:Dts
style="background:Template:Canadian party colour;"|		Bette Stephenson	Template:Dts	Template:Dts	Template:Ayd	While Deputy Premier
	Treasurer and Minister of Economics					rowspan=2; style="background:Template:Canadian party colour;"| Liberal (Peterson)
style="background:Template:Canadian party colour;"|	File:Robert Nixon-c1971.jpg	Robert Nixon	Template:Dts	Template:Dts	Template:Ayd	Concurrently Minister of Revenue (June 26, 1985 – September 29, 1987) Interim Chair of Management Board of Cabinet (June 17, 1986 – September 29, 1987) Minister of Financial Institutions (September 29, 1987 – August 16, 1988)
style="background:Template:Canadian party colour;"|		Floyd Laughren	Template:Dts	Template:Dts	Template:Ayd	rowspan=3; style="background:Template:Canadian party colour;"| NDP (Rae)
	Minister of Finance
style="background:Template:Canadian party colour;"|		Floyd Laughren	Template:Dts	Template:Dts
style="background:Template:Canadian party colour;"|		Ernie Eves	Template:Dts	Template:Dts	Template:Ayd	rowspan=2; style="background:Template:Canadian party colour;"| PC (Harris)	While Deputy Premier
style="background:Template:Canadian party colour;"|	File:Jim Flaherty 2007.JPG	Jim Flaherty	Template:Dts	Template:Dts	Template:Ayd	While Deputy Premier
style="background:Template:Canadian party colour;"|		Janet Ecker	Template:Dts	Template:Dts	Template:Ayd	style="background:Template:Canadian party colour;"| PC (Eves)
style="background:Template:Canadian party colour;"|		Greg Sorbara	Template:Dts	Template:Dts	Template:Ayd (first instance)	rowspan=4; style="background:Template:Canadian party colour;"| Liberal (McGuinty)	Concurrently Chair of Management Board of Cabinet
style="background:Template:Canadian party colour;"|		Dwight Duncan	Template:Dts	Template:Dts	Template:Ayd (first instance)	Concurrently Chair of Management Board of Cabinet
style="background:Template:Canadian party colour;"|		Greg Sorbara	Template:Dts	Template:Dts	Template:Ayd (second instance) (3 years, 148 days in total)	Interim minister; Concurrently Chair of Management Board of Cabinet
style="background:Template:Canadian party colour;"|		Dwight Duncan	Template:Dts	Template:Dts	Template:Ayd (second instance) (5 years, 328 days in total)	Concurrently Chair of Management Board of Cabinet; Concurrently Minister of Revenue (September 18, 2008 – June 24, 2009); Concurrently Deputy Premier (October 20, 2011 – February 11, 2013) Interim Minister of Government Services (November 27, 2012 – February 11, 2013)
style="background:Template:Canadian party colour;"|	File:CS Headshot 4.jpg	Charles Sousa	Template:Dts	Template:Dts	Template:Ayd	rowspan=1; style="background:Template:Canadian party colour;"| Liberal (Wynne)	Concurrently Chair of Management Board of Cabinet; Associate Ministers of Finance (Ontario Retirement Pension Plan) are: Mitzie Hunter (June 24, 2014 – June 13, 2016) Indira Naidoo-Harris (June 13, 2016 – August 24, 2016)
style="background:Template:Canadian party colour;"|	File:Vic Fedeli.png	Vic Fedeli	Template:Dts	Template:Dts	Template:Ayd	rowspan=3; style="background:Template:Canadian party colour;"|PC (Ford)	While Chair of Cabinet
style="background:Template:Canadian party colour;"|	File:Rod Phillips Q1 Update.jpg	Rod Phillips	Template:Dts	Template:Dts	Template:Ayd
style="background:Template:Canadian party colour;"|	File:Peter Bethlenfalvy.jpg	Peter Bethlenfalvy	Template:Dts	present	Template:Ayd