The filed record
Toronto Parking Authority Enterprise Risk Management
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The decision
2025-06-25 · Toronto Parking Authority - Audit and Risk Management Committee · adopted
As filed
The Toronto Parking Authority - Audit and Risk Management Committee recommends that: 1. The Board of Directors of the Toronto Parking Authority approve the refreshed 2025 Enterprise Risk Management report as presented in Attachment 1 to the report (June 11, 2025) from the President, Toronto Parking Authority.
On the agenda
As the city filed it
Enterprise Risk Management (ERM) is a continuous process to identify and assess risks and opportunities at an enterprise level and serves as an enabler for the delivery of the Toronto Parking Authority's strategy and operating imperatives. Consistent with industry best practices, Toronto Parking Authority (TPA) has designed and implemented an Enterprise Risk Management program following a five-step risk management process of: 1.
Show the rest of As the city filed it, 335 more characters as filed
Risk Identification 2. Risk Prioritization 3. Risk Assessment and Treatment 4. Risk Governance Structure 5. Risk Monitoring and Reporting The purpose of this report is to seek Board approval for Management's refreshed 2025 Enterprise Risk Management report that was developed in partnership with the Board over the past several months.
Staff recommended
The President, Toronto Parking Authority recommends that: 1. The Board of Directors of the Toronto Parking Authority approve the refreshed 2025 Enterprise Risk Management report as presented in Attachment 1: KPMG Report: Toronto Parking Authority - ERM Project Update June 2025.