Executive Committee
The full agenda, as filed
All 31 items in the clerk’s order. Each carries the city’s own words: the staff recommendation, what the body decided, and its status. Nothing below is written by us.
Items 26 to 31 of 31Show 2550100all
EX25.26amended
This report transmits materials from the Board of Directors of Toronto Community Housing Corporation (TCHC) to the City. Management of TCHC confirms that all financial information was made available to the auditors for the performance of the audit. This report recommends the actions necessary to comply with the requirements of the Business Corporations Act, for holding the Annual General Meeting of the Shareholder of TCHC, including receipt of its Annual Report and Audited Consolidated Financial Statements (Statements) for 2024. TCHC's 2024 Statements were audited by KPMG LLP and received an unqualified opinion stating that the financial statements present fairly, in all material respects, the financial position of the TCHC as of December 31, 2024, and its results of operations for the year then ended in accordance with Canadian public sector accounting standards. The report also provides information on subsidiaries and joint ventures, individual compensation of executive officers, and additional items as directed by the Shareholder.
The Executive Committee recommends that: 1. City Council treat that portion of the City Council meeting at which the report (July 2, 2025) from the President and Chief Executive Officer and the General Counsel and Corporate Secretary, Toronto Community Housing Corporation is considered as the Annual General Meeting of the Shareholder for Toronto Community Housing Corporation by: a. receiving the Letter to the Shareholder from the Toronto Community Housing Corporation's Chair of the Board of Directors and President and Chief Executive Officer dated April 30, 2025 transmitting the "Toronto Community Housing Corporation 2024 Annual Report: Celebrating Community - Stories Across the City" and "Additional Information" (including Executive Compensation Disclosure), forming Attachment 1 to the report (July 2, 2025) from the President and Chief Executive Officer and the General Counsel and Corporate Secretary, Toronto Community Housing Corporation; b. receiving the "Toronto Community Housing Corporation 2024 Audited Consolidated Financial Statements", forming Attachment 2 to the report (July 2, 2025) from the President and Chief Executive Officer and the General Counsel and Corporate Secretary, Toronto Community Housing Corporation; and c. acting as shareholder of the corporation, and in accordance with section 148 of the Business Corporations Act, dispense with the requirement set out in section 149(2) of the Act to appoint an auditor for the current financial year during this annual general meeting.
Staff recommendation as filed
The Board of Directors of Toronto Community Housing Corporation recommends that: 1. City Council treat that portion of the City Council meeting at which this Report is considered as the Annual General Meeting of the Shareholder for Toronto Community Housing Corporation by: a. receiving the Letter to the Shareholder from the Toronto Community Housing Corporation's Chair of the Board of Directors and President and Chief Executive Officer dated April 30, 2025 transmitting the "Toronto Community Housing Corporation 2024 Annual Report: Celebrating Community - Stories Across the City" and "Additional Information" (including Executive Compensation Disclosure), forming Attachment 1 to this Report; b. receiving the "Toronto Community Housing Corporation 2024 Audited Consolidated Financial Statements", forming Attachment 2 to this Report; and c. acting as shareholder of the corporation dispense with the requirement to appoint an auditor for the current financial year during this annual general meeting pursuant to section 149(2) of the Business Corporations Act.
EX25.27adopted
Toronto Pan Am Sports Centre Annual General Meeting and 2024 Audited Financial Statements
The Toronto Pan Am Sports Centre (TPASC) 2024 Overview (Attachment 1) provides a brief history of the organization, 2024 operating highlights, an overview of annual general meeting requirements, Board actions related to appointment of the 2025 auditor, 2024 financial statement summary, results of the financial statement audit, 2024 operating financial results, background on the 2025 budget, the future outlook of the organization and a description of the Board composition.
The Executive Committee recommends that: 1. City Council in its capacity as one of the Shareholders of Toronto Pan Am Sports Centre Inc. that it adopt and authorize the City Manager to sign the Resolutions of the Shareholders attached as Attachments 2 and 3 to the letter (June 27, 2025) from the Secretary, Board of Directors, Toronto Pan Am Sports Centre on behalf of the City that resolve: a. Financial Statements 1. the audited financial statements of the Corporation for the financial year ending December 31, 2024, are received; b. Appointment of Auditors 1. Welch LLP are reappointed as the auditors of the Corporation until the close of the next annual meeting of the shareholders or until their successors are duly appointed; and 2. the remuneration of the auditors will be fixed by the directors who are hereby authorized to fix that remuneration; c. Confirmation of Proceedings 1. all By-laws, contracts, acts, proceedings, appointments, elections, and payments of any director or officer of the Corporation that were enacted, made, done, or taken since the last annual meeting of the shareholders of the Corporation are approved, ratified, sanctioned, and confirmed; and d. Approval of Budgets 1. the Budget be and is hereby ratified and approved; and 2. any two directors or officers of the Corporation, be and they are hereby authorized and directed, for and in the name of and on behalf of the Corporation, to do all such acts and things and to execute under the corporate seal of the Corporation or otherwise, and to deliver all agreements, certificates and documents as they may consider necessary or advisable to carry out the provisions of the resolutions passed by the shareholders of the Corporation herein.
Staff recommendation as filed
The Toronto Pan Am Sports Centre Board of Directors at their meetings on September 30, 2024, December 6, 2024, and March 20, 2025, recommended to City Council in its capacity as one of the Shareholders of Toronto Pan Am Sports Centre Inc. that it adopt and authorize the City Manager to sign the Resolutions of the Shareholders attached as Attachment 2 and Attachment 3 to this letter on behalf of the City that resolve: a. Financial Statements 1. The audited financial statements of the Corporation for the financial year ending December 31, 2024, are received. b. Appointment of Auditors 1. Welch LLP are reappointed as the auditors of the Corporation until the close of the next annual meeting of the shareholders or until their successors are duly appointed. 2. The remuneration of the auditors will be fixed by the directors who are hereby authorized to fix that remuneration. c. Confirmation of Proceedings 1. All by-laws, contracts, acts, proceedings, appointments, elections, and payments of any director or officer of the Corporation that were enacted, made, done, or taken since the last annual meeting of the shareholders of the Corporation are approved, ratified, sanctioned, and confirmed. d. Approval of Budgets 1. The Budget be and is hereby ratified and approved. 2. Any two directors or officers of the Corporation, be and they are hereby authorized and directed, for and in the name of and on behalf of the Corporation, to do all such acts and things and to execute under the corporate seal of the Corporation or otherwise, and to deliver all agreements, certificates and documents as they may consider necessary or advisable to carry out the provisions of the resolutions passed by the shareholders of the Corporation herein.
EX25.28amended
Toronto Port Lands Company - Annual General Meeting and 2024 Audited Financial Statements
Under CreateTO's management, Toronto Port Lands Company (TPLC) continues to advance the long-term vision for a sustainable new community in the heart of Toronto. TPLC is the majority landowner in the Port Lands, which is one of the largest and most valuable undeveloped pieces of real estate in North America. On behalf of the City, TPLC is committed to making sure the people of Toronto get the most value out of this amazing part of the City. TPLC manages leases with more than 80 tenants that provide important supplies and services to the downtown core; and is continuing to advance the long-term vision to create sustainable new communities in the Port Lands with McCleary District and Ookwemin Minising; and supporting further development of the film industry in the area through projects like Basin Media Hub. Throughout 2024, TPLC continued its support of the flood protection work by Waterfront Toronto which will unlock many new uses to better serve Toronto residents and visitors. More than 120+ acres of land continue to be leased to Waterfront Toronto to support the completion of the flood protection work. In November 2024, the Port Land Flood Protection (PLFP) project saw a major milestone with the removal of the north plug, which completed the new mouth of the Don River, allowing the river to flow freely, and marked the creation of a new island on Toronto's waterfront. Once completed, this initiative will unleash an abundance of new opportunities from affordable housing to vibrant parks, trails, and commercial hubs. We are committed to continuing to work with our partners and stakeholders to ensure that this distinctive downtown area enriches Toronto to the fullest extent possible. Please refer to Attachment 3, page 5, for Port Lands 2024 Highlights.
The Executive Committee recommends that: 1. City Council treat that portion of the City Council meeting at which the report (June 21, 2025) from the Chief Executive Officer, CreateTO is considered as the Annual General Meeting of the Shareholder for Toronto Port Lands Company, and: a. receive the Board-approved 2024 Audited Financial Statements for Toronto Port Lands Company from CreateTO's Chief Executive Officer, forming Attachment 1 to the report (June 21, 2025) from the Chief Executive Officer, CreateTO; b. receive the 2024 Annual Report for Toronto Port Lands Company from CreateTO's Chief Executive Officer, forming Attachment 2 to the report (June 21, 2025) from the Chief Executive Officer, CreateTO; and c. receive the CreateTO's 2024 Highlights Report from CreateTO's Chief Executive Officer, forming Attachment 3 to the report (June 21, 2025) from the Chief Executive Officer, CreateTO. 2. City Council, acting as shareholder of the corporation, and in accordance with section 148 of the Business Corporations Act, dispense with the requirement set out in section 149(2) of the Act to appoint an auditor for the current financial year during this Annual General Meeting.
Staff recommendation as filed
Toronto Port Lands Company Board recommends that: 1. City Council treat that portion of the City Council meeting at which this report is considered as the Annual General Meeting of the Shareholder for Toronto Port Lands Company, and: a. receive the Board-approved 2024 Audited Financial Statements for Toronto Port Lands Company from CreateTO's Chief Executive Officer, forming Attachment 1 to this report; b. receive the 2024 Annual Report for Toronto Port Lands Company from CreateTO's Chief Executive Officer, forming Attachment 2 to this report; and c. receive the CreateTO's 2024 Highlights Report from CreateTO's Chief Executive Officer, forming Attachment 3 to this report. 2. City Council, acting as shareholder of the corporation dispense with the requirement to appoint an auditor for the current financial year during this Annual General Meeting pursuant to section 149(2) of the Business Corporations Act.
EX25.29amended
Toronto Seniors Housing Corporation Annual General Meeting and 2024 Audited Financial Statements
Enclosed are the materials in support of the Toronto Seniors Housing Corporation Annual General Meeting and 2024 Audited Financial Statements reporting to the City of Toronto and City Council as per the requirements of the Shareholder Direction.
The Executive Committee recommends that: 1. City Council treat that portion of the City Council meeting at which the report (June 25, 2025) from the Chief Executive Officer, Toronto Seniors Housing Corporation is considered as the Annual General Meeting of the Shareholder for Toronto Seniors Housing Corporation, and: a. receive the Board-approved "Toronto Seniors Housing Corporation 2024 Annual Report" as set out in Attachment 1 to the report (June 25, 2025) from the Chief Executive Officer, Toronto Seniors Housing Corporation; b. receive the Board-approved "Toronto Seniors Housing Corporation 2024 Audited Financial Statements " as set out in Attachment 2 to the report (June 25, 2025) from the Chief Executive Officer, Toronto Seniors Housing Corporation; c. acting as shareholder of the corporation, and in accordance with section 148 of the Business Corporations Act, dispense with the requirement set out in section 149(2) of the Act to appoint an auditor for the current financial year during this annual general meeting; and d. receive the Toronto Seniors Housing Corporation's 2024 executive compensation disclosure as set out in Attachment 3 to the report (June 25, 2025) from the Chief Executive Officer, Toronto Seniors Housing Corporation.
Staff recommendation as filed
The Board of Directors of Toronto Seniors Housing Corporation recommends that: 1. City Council treat that portion of the City Council meeting at which this report is considered as the Annual General Meeting of the Shareholder for Toronto Seniors Housing Corporation, and: a. receive the Board-approved "Toronto Seniors Housing Corporation 2024 Annual Report " as set out in Attachment 1; b. receive the Board-approved "Toronto Seniors Housing Corporation 2024 Audited Financial Statements " as set out in Attachment 2; c. acting as shareholder of the corporation dispense with the requirement to appoint an auditor for the current financial year during this annual general meeting pursuant to section 149(2) of the Business Corporations Act; and d. receive the Toronto Seniors Housing Corporation's 2024 executive compensation disclosure as set out in Attachment 3.
EX25.30adopted
Report on the Trade Mission to Dublin and London
The recent announcement from the President of the United States threatening Canada with further tariffs is the latest in a series of provocative measures that deserve a strong and unified response from all Canadians. The City of Toronto is working with other orders of government and cities across the country to stand up for Canadian workers, Canadian jobs, and Canadian sovereignty. A key part of our long-term response to these continued threats is building trade relationships with other partners. In that spirit, I am writing to provide you with an update on my July 2025 trade mission to Dublin, Ireland and London, United Kingdom. Over five days, I had 30 meetings with a wide range of business leaders in both countries through the Dublin and London Chambers of Commerce. I made connections with many companies who are interested in expanding their businesses to Toronto in industries such as film, television, digital media, snow removal, education, transportation infrastructure, and artificial intelligence. Toronto City staff will be following up with each of these contacts to see how we can facilitate their investments in our city. Supporting Canadian Export s One of my key observations was how focused Ireland is on their import and export strategies. Enterprise Ireland is a centralized government agency that provides a one stop shop for Irish businesses looking to expand their trade internationally. It has offices around the world that facilitate connections with global markets. This year, Enterprise Ireland's coordinated approach has already resulted in 179 new investments, a 37% increase over previous years. Companies that are active internationally are more prosperous, competitive and skilled. At present, government support in Canada for small- and medium-size companies wishing to export their goods or services is fragmented and challenging to navigate. The City of Toronto may receive enquiries but is not adequately equipped to support these businesses who wish to expand overseas. In discussion with Federal and Provincial trade officials during a meeting hosted by the Canadian High Commissioner in the UK, Ralph Goodale, we concluded that the City of Toronto can play a significant role in being the gateway to companies interested in export. Our Economic Development staff will work with Canadian federal and provincial trade offices via the TradeTO initiative and explore a pilot program to enhance the capacity of small and medium sized businesses to trade internationally. Once that is established, the Protocol office will work with Toronto Global and TradeTO to determine the mission and refine the purpose of the City's International Alliance Program. Economic Development staff will explore the suggestion of High Commissioner Goodale to include a Toronto Pavilion at the Canada Day celebrations in London to showcase our city's film, technology and AI industries. Protecting and Strengthening Toronto's Film, Television and Digital Media Industry Many of my meetings focused on supporting and growing Toronto's film, television and digital media sectors. These industries produce $2.6 billion in economic activity and support over 40,000 good jobs. I met with all the leading broadcasters and nearly every large film and TV production company in the UK and Ireland to promote the many opportunities for our industries to work together. Production volume in Toronto's creative industry has increased dramatically from 2023 to the present. As diversification of our industry becomes more important in the face of trade and tariff threats, building stronger relationships with markets that share our values and stories is critically important. In discussions with the film industry in both the UK and Ireland, our delegation unlocked tremendous interest in co-production partnerships with Toronto. Many Canadian producers met with their foreign counterparts through meetings and receptions arranged by our delegation. Canada's diverse talents and various stable and generous tax credits are not as well known by these foreign producers as the ones in Los Angeles. Recognizing the opportunity to promote Toronto's two greatest strengths, the Toronto Film Office is already focused on developing greater awareness in Dublin and London of the talent and tax credits that make Toronto one of the world's premier cities to produce film and television. Public broadcasters in both countries champion significant productions telling UK and Irish stories. In our meetings with BBC and IRE, the delegation identified and opened up opportunities for co-production with Toronto. The Toronto Film Office will facilitate meetings between Canadian broadcasters and BBC and IRE during the Toronto International Film Festival in September. Innovative Ideas to Fight Rising Housing Costs and Get People Moving Toronto and London are both fast growing global cities that share the values of diversity and inclusion as our strength. We also share the challenges that come with rapid growth, particularly in the areas of housing, transit and congestion. In meetings with the Mayor of London, Sadiq Khan, and the Deputy Mayors for Housing and Transportation, I gained valuable and constructive insights into London's approach to resolving these shared challenges. I will be actively exploring the British Share Home Ownership model, which assists middle income home buyers in purchasing a home. I will also be studying what lessons we can learn from London's lane rental program that could apply to our own implementation of a new fee structure for construction projects that close our roads. In London, these fees are used to ease congestion and maintain the road infrastructure. Starting this year, Toronto is finally going to be charging appropriate fees for closing lanes of traffic to incentivize coordination between developers, utilities, the TTC and the City, so these lessons will be timely. I also had the opportunity to learn about London's new Elizabeth Line subway. Twenty percent of the riders on this line are new customers. No doubt it eases congestion and keeps London moving. Prior to the subway line opening, there was extensive testing. This was an important reminder that, while we are all anxious for it to open, the TTC must thoroughly test the Eglinton Crosstown and Finch LRTs prior to their openings to ensure success. I hope to see a similar increase in new riders when these two long-awaited lines open in Toronto.
The Executive Committee: 1. Received the letter (July 14, 2025) from the Mayor for information.
Staff recommendation as filed
The Executive Committee: 1. Receive this letter for information.
EX25.31adopted
A Better Way to Replace your Furnace: Helping Homeowners Switch to Heat Pumps
Over the next 15 to 20 years, hundreds of thousands of homeowners in Toronto will need to replace their home furnace. Heat pumps offer a clean, efficient and comfortable option to provide home cooling and heating. Accelerating the deployment of electric heat pumps also represents the most impactful single measure for reducing emissions in Toronto, making this a key requirement to achieving the City's net zero goals and implementing the Net Zero Existing Buildings Strategy Despite growing interest in recent years in installing heat pumps, homeowners are faced with a difficult process to navigate when replacing their furnace and understanding their home energy needs. There is a complex system of incentives, confusing information online, varied contractor support and uncertainty about home energy needs that often leads to homeowners installing another gas furnace. Not only that, but heat pumps and other clean technologies often have higher upfront costs than conventional natural gas-powered furnaces. We need a program that provides people with a simple, trusted and affordable option when they need to upgrade their furnace and want to adopt other clean technologies. Homeowners need personalized advice tailored for their needs to understand how to make home upgrades and understand what supports are available. Toronto Hydro's Climate Advisory Services business offers this customer facing support to encourage homeowners to find sustainable energy solutions. This motion directs staff to develop a new program, in partnership with Toronto Hydro, that would help people make their homes more energy-efficient, reduce their bills and provide local installation jobs. It would provide personalized energy coaching services and information and tools to help homeowners make decisions and complete an installation quickly and easily.
The Executive Committee recommends that: 1. City Council direct the Executive Director, Environment, Climate and Forestry to develop and implement a new program for Toronto homeowners to accelerate the adoption of heat pumps and other clean technologies and that includes, without limitation, the following elements: a. energy coaching and personalized guidance; b. decision-support tools to help homeowners evaluate options; c. a vetted contractor directory to ensure quality installations; d. direct installation services; e. targeted incentives for low-to-moderate-income households; and f. access to preferred financing options. 2. City Council request the Board of Directors of Toronto Hydro to direct the Climate Advisory Services business to act as a joint delivery partner with the City, consistent with its mandate to support customers with home electrification and its unique capacity to address barriers to the implementation of heat pumps and related clean technologies. 3. City Council authorize the Executive Director, Environment, Climate and Forestry to negotiate and execute agreements, as required, with community and industry organizations to provide, where feasible and appropriate, in-kind or financial support and/or the disbursement or receipt of funding, on terms and conditions acceptable to the Executive Director, Environment, Climate and Forestry, and in a form satisfactory to the City Solicitor. 4. City Council direct the Chief Financial Officer and Treasurer, working with the Executive Director Environment, Climate and Forestry, to determine an appropriate method for setting interest rates on City capital used to finance clean technologies, to encourage participation among low- to moderate-income households, within the existing budget envelope of Environment, Climate and Forestry. 5. City Council authorize the Executive Director, Environment, Climate and Forestry to negotiate and execute any agreements or related documents necessary with the Province of Ontario and/or the Independent Electricity System Operator to enable coordination between provincial energy efficiency programs and any new Council-directed program for Toronto homeowners to accelerate the use of heat pumps and other clean technologies at their residences, on terms and conditions acceptable to the Executive Director, Environment, Climate and Forestry and in a form satisfactory to the City Solicitor. 6. City Council direct the City Manager, in consultation with the Executive Director, Environment, Climate and Forestry, to request on behalf of the City that the Government of Canada provide financial support to enhance the program offering, including capital investments to be delivered through low- or zero-interest financing and targeted incentives, in order to improve the overall affordability of heat pump installations.
Staff recommendation as filed
Mayor Olivia Chow recommends that: 1. City Council direct the Executive Director, Environment, Climate and Forestry Division, to develop and implement a new program for Toronto homeowners to accelerate the adoption of heat pumps and other clean technologies and that includes, without limitation, the following elements: a. Energy coaching and personalized guidance b. Decision-support tools to help homeowners evaluate options c. A vetted contractor directory to ensure quality installations d. Direct installation services e. Targeted incentives for low-to-moderate-income households f. Access to preferred financing options 2. City Council request the Board of Directors of Toronto Hydro to direct the Climate Advisory Services business to act as a joint delivery partner with the City, consistent with its mandate to support customers with home electrification and its unique capacity to address barriers to the implementation of heat pumps and related clean technologies. 3. City Council authorize the Executive Director, Environment, Climate and Forestry Division, to negotiate and execute agreements, as required, with community and industry organizations to provide, where feasible and appropriate, in-kind or financial support and/or the disbursement or receipt of funding, on terms and conditions acceptable to the Executive Director, Environment, Climate and Forestry, and in a form satisfactory to the City Solicitor. 4. City Council direct the Chief Financial Officer and Treasurer, working with the Executive Director Environment, Climate and Forestry, to determine an appropriate method for setting interest rates on City capital used to finance clean technologies, to encourage participation among low- to moderate-income households, within the existing budget envelope of Environment, Climate and Forestry. 5. City Council authorize the Executive Director, Environment, Climate and Forestry to negotiate and execute any agreements or related documents necessary with the Province of Ontario and/or the Independent Electricity System Operator to enable coordination between provincial energy efficiency programs and any new Council-directed program for Toronto homeowners to accelerate the use of heat pumps and other clean technologies at their residences, on terms and conditions acceptable to the Executive Director, Environment, Climate and Forestry and in a form satisfactory to the City Solicitor. 6. City Council direct the City Manager, in consultation with the Executive Director, Environment, Climate and Forestry, to request on behalf of the City that the Government of Canada provide financial support to enhance the program offering, including capital investments to be delivered through low- or zero-interest financing and targeted incentives, in order to improve the overall affordability of heat pump installations