CreateTO
The full agenda, as filed
All 4 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.
RA10.1adopted
Housing Matters Progress Update
The Chief Development Officer, CreateTO will provide a verbal update on progress that has been made on housing matters since the previous Board meeting.
The Board of Directors of CreateTO: 1. Received the report (February 22, 2024) from the Chief Executive Officer, CreateTO for information.
Staff recommendation as filed
The Chief Executive Officer, CreateTO recommends that the Board of Directors of CreateTO receive this report for information.
RA10.2amended
This report includes an update on staffing matters.
The Board of Directors of CreateTO: 1. Approved and directed the Chief Executive Officer, CreateTO to implement a 1.75 percent Cost of Living Adjustment (COLA) for all CreateTO employees for the 2024 fiscal year. 2. Adopted the confidential recommendation in Confidential Attachment 1 to the report (February 23, 2024) from the Chief Executive Officer, CreateTO. 3. Directed the Chief Executive Officer, CreateTO, and the Vice President, People and Culture, CreateTO to work with the Deputy City Manager, Corporate Services, to initiate a review of CreateTO's total compensation program, including policies and practices, and consider relevant comparator organizations, including the City of Toronto, and report back to the Board of Directors of CreateTO with findings and recommendations by the end of the third quarter of 2024. 4. Directed that Confidential Attachment 1 to the report (February 23, 2024) from the Chief Executive Officer, CreateTO, remain confidential in its entirety as it relates to labour relations and employee negotiations.
Staff recommendation as filed
The Chief Executive Officer, CreateTO recommends that the Board of Directors of CreateTO: 1. Approve and direct the Chief Executive Officer, CreateTO to implement a 1.75 percent Cost of Living Adjustment (COLA) for all CreateTO employees for the 2024 fiscal year. 2. Adopt the confidential recommendation in Confidential Attachment 1. 3. Direct that Confidential Attachment 1 remain confidential in its entirety as it relates to labour relations and employee negotiations.
RA10.3amended
2024 CreateTO Annual Objectives
This report includes two confidential attachments: 1. CreateTO's 2024 Annual Objectives and the corresponding performance objectives of the Chief Executive Officer for 2024. 2. CreateTO's 2024 Project Work Plan, with key milestones and target deliverables.
The Board of Directors of CreateTO: 1. Approved in principle CreateTO's 2024 Annual Objectives and the performance objectives for the Chief Executive Officer for 2024 as outlined in Confidential Attachment 1 to the report (February 23, 2024) from the Chief Executive Officer, CreateTO. 2. Directed the Chief Executive Officer, CreateTO, to report back to the Board in September 2024 on updates to the Work Plan outlined in Confidential Attachment 2 to the report (February 23, 2024) from the Chief Executive Officer, CreateTO, subject to additional Council direction on the implementation of the City's housing plan. 3. Directed that Confidential Attachment 1 to the report (February 23, 2024) from the Chief Executive Officer, CreateTO, remain confidential in its entirety, as it deals with personal matters about an identifiable individual, and that Confidential Attachment 2 to the report (February 23, 2024) from the Chief Executive Officer, CreateTO remain confidential in its entirety, as it deals with a proposed or pending acquisition or disposition of land by the Board of Directors of CreateTO and/or the City.
Staff recommendation as filed
The Chief Executive Officer, CreateTO recommends that the Board of Directors of CreateTO: 1. Approve CreateTO's 2024 Annual Objectives and the performance objectives for the Chief Executive Officer, CreateTO for 2024 as outlined in Confidential Attachment 1. 2. Direct the Chief Executive Officer, CreateTO, to report back to the Board in September 2024 on updates to the Work Plan outlined in Confidential Attachment 2, subject to additional Council direction on the implementation of the City's housing plan. 3. Direct that Confidential Attachment 1 remain confidential in its entirety, as it deals with personal matters about an identifiable individual, and that Confidential Attachment 2 remain confidential in its entirety, as it deals with a proposed or pending acquisition or disposition of land by the Board of Directors of CreateTO and/or the City.
RA10.4adopted
CreateTO Executive Compensation Policy
CreateTO is committed to its executive compensation being set in a transparent, accountable, and consistent manner that protects public interest while attracting, motivating, and retaining highly talented Executives to manage the organization while also demonstrating value for money to the CreateTO Board, the City of Toronto, and to taxpayers and ratepayers. This Executive Compensation Policy was developed in accordance with "Guiding Principles for the Development of Senior Executive Compensation Policies at City Agencies and Corporations (Updated June 2023)".
The Board of Directors of CreateTO: 1. Adopted the Executive Compensation Policy, as set out in Attachment 1, which had been developed in accordance with the City of Toronto's "Guiding Principles for the Development of Senior Executive Compensation Policies at City Agencies and Corporations (Updated June 2023)".
Staff recommendation as filed
The Chief Executive Officer, CreateTO recommends that the Board of Directors of CreateTO: 1. Adopt Attachment 1 - Executive Compensation Policy, which has been developed in accordance with the City of Toronto's "Guiding Principles for the Development of Senior Executive Compensation Policies at City Agencies and Corporations (Updated June 2023)".