Item - 2019.EX3.8
Tracking Status
- City Council adopted this item on March 27 and 28, 2019 with amendments.
- This item was considered by the Executive Committee on March 21, 2019 and adopted without amendment. It will be considered by City Council on March 27 and 28, 2019.
- See also Item MM10.34
EX3.8 - Renewing the City's Commitment to Toronto Global
- Decision Type:
- ACTION
- Status:
- Amended
- Wards:
- All
City Council Decision
City Council on March 27 and 28, 2019, adopted the following:
1. City Council approve the City of Toronto's participation in Toronto Global for the period beginning April 1, 2019 and ending March 31, 2024 subject to the execution of a five-year funding agreement with Toronto Global (the "Funding Agreement") subject to the following:
a. partner municipalities and regions also enter into the five-year Funding Agreement with Toronto Global;
b. the City's contribution amount in 2019 be $890,412, with annual increases of 2 percent beginning in 2020, but only if the same proportional increases are agreed to by the partner municipalities as part of the Funding Agreement;
c. the Province of Ontario and the Government of Canada committing to enter into funding agreements with Toronto Global for five years;
d. the Funding Agreement is to include the requirement for Toronto Global to develop a five-year strategic plan within six months of signing the agreement that is to the satisfaction of the General Manager, Economic Development and Culture;
e. that the Funding Agreement and/or by-laws of Toronto Global, as appropriate and to the satisfaction of the City Manager and the City Solicitor, require:
1. public meetings of the Board of Directors and its committees;
2. public annual reporting on key performance indicators and the expenditures of directors, officers and other senior staff related to business travel, conferences and training, hospitality and protocol; and
3. a right of access to information in accordance with the principles outlined in Section 1 of the Municipal Freedom of Information and Protection of Privacy Act;
f. City Council approve annual funding as part of the annual budget approval process; and
g. the Funding Agreement includes an exit clause with reasonable notice to all partners.
2. City Council authorize the General Manager, Economic Development and Culture to negotiate and execute the Funding Agreement with Toronto Global in accordance with terms outlined in Part 1 above and in a form satisfactory to the City Manager, the City Solicitor and the Chief Financial Officer and Treasurer.
3. City Council direct that Confidential Attachment 1 to the supplementary report (March 27, 2019) from the General Manager, Economic Development and Culture remain confidential in its entirety as it pertains to personal matters about an identifiable individual.
Confidential Attachment 1 to the supplementary report (March 27, 2019) from the General Manager, Economic Development and Culture remains confidential in its entirety in accordance with the provisions of the City of Toronto Act, 2006, as it pertains to personal matters about an identifiable person.
Confidential Attachment - Personal matters about an identifiable person
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-130586.pdf
Attachment 1 - Toronto Global, Pipeline Report, February 21, 2019
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-130587.pdf
Background Information (City Council)
https://www.toronto.ca/legdocs/mmis/2019/cc/bgrd/backgroundfile-131277.pdf
Confidential Attachment 1
Communications (Committee)
(March 21, 2019) Submission from Hamish Wilson (EX.New.EX3.8.2)
Motions (City Council)
That City Council direct that Confidential Attachment 1 to the supplementary report (March 27, 2019) from the General Manager, Economic Development and Culture remain confidential in its entirety as it pertains to personal matters about an identifiable individual.
Vote (Adopt Item as Amended) Mar-27-2019 4:34 PM
| Result: Carried | Majority Required - EX3.8 - Adopt the item as amended |
|---|---|
| Total members that voted Yes: 19 | Members that voted Yes are Paul Ainslie, Brad Bradford, Shelley Carroll, Gary Crawford, Joe Cressy, Paula Fletcher, Michael Ford, Mark Grimes, Stephen Holyday, Cynthia Lai, Mike Layton, Josh Matlow, Denzil Minnan-Wong, Frances Nunziata (Chair), James Pasternak, Jaye Robinson, Michael Thompson, John Tory, Kristyn Wong-Tam |
| Total members that voted No: 3 | Members that voted No are Mike Colle, Gord Perks, Anthony Perruzza |
| Total members that were Absent: 4 | Members that were absent are Ana Bailão, John Filion, Jim Karygiannis, Jennifer McKelvie |
Vote (Adopt Item as Amended) Mar-27-2019 4:36 PM
| Result: Carried | Majority Required - EX3.8 - Adopt the item as amended - REVOTE |
|---|---|
| Total members that voted Yes: 18 | Members that voted Yes are Paul Ainslie, Brad Bradford, Shelley Carroll, Gary Crawford, Joe Cressy, Michael Ford, Mark Grimes, Stephen Holyday, Cynthia Lai, Mike Layton, Josh Matlow, Denzil Minnan-Wong, Frances Nunziata (Chair), James Pasternak, Jaye Robinson, Michael Thompson, John Tory, Kristyn Wong-Tam |
| Total members that voted No: 4 | Members that voted No are Mike Colle, Paula Fletcher, Gord Perks, Anthony Perruzza |
| Total members that were Absent: 4 | Members that were absent are Ana Bailão, John Filion, Jim Karygiannis, Jennifer McKelvie |
That in accordance with the provisions of Chapter 27, Council Procedures, City Council reconsider the vote to adopt Item EX3.8 as amended.
EX3.8 - Renewing the City's Commitment to Toronto Global
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The Executive Committee recommends that:
1. City Council approve the City of Toronto's participation in Toronto Global for the period beginning April 1, 2019 and ending March 31, 2024 subject to the execution of a five year funding agreement with Toronto Global (the "Funding Agreement") subject to the following:
a. partner municipalities and regions also enter into the five-year Funding Agreement with Toronto Global;
b. the City's contribution amount in 2019 be $890,412, with annual increases of 2 percent beginning in 2020, but only if the same proportional increases are agreed to by the partner municipalities as part of the Funding Agreement;
c. the Province of Ontario and the Government of Canada committing to enter into funding agreements with Toronto Global for five years;
d. the Funding Agreement is to include the requirement for Toronto Global to develop a five-year strategic plan within six months of signing the agreement that is to the satisfaction of the General Manager, Economic Development and Culture;
e. that the Funding Agreement and/or by-laws of Toronto Global, as appropriate and to the satisfaction of the City Manager and the City Solicitor, require:
1. public meetings of the Board of Directors and its committees;
2. public annual reporting on key performance indicators and the expenditures of directors, officers and other senior staff related to business travel, conferences and training, hospitality and protocol; and
3. a right of access to information in accordance with the principles outlined in section 1 of the Municipal Freedom of Information and Protection of Privacy Act;
f. City Council approve annual funding as part of the annual budget approval process; and
g. the Funding Agreement includes an exit clause with reasonable notice to all partners.
2. City Council authorize the General Manager, Economic Development and Culture to negotiate and execute the Funding Agreement with Toronto Global in accordance with terms outlined in Recommendation 1 above and in a form satisfactory to the City Manager, the City Solicitor and the Chief Financial Officer and Treasurer.
Origin
Summary
Toronto Global is a pan-regional foreign direct investment attraction organization that represents Halton, Mississauga, Brampton, Toronto, York and Durham (collectively the "Toronto Region"). All regions provide annual funding based proportionally by population along with provincial and federal government support. Toronto Global seeks a new five-year commitment with municipal partners as well as with the provincial and federal governments.
Staff recommend renewing the City's commitment to Toronto Global if the provincial and federal governments also commit. In the last three years, Toronto Global has made significant progress. With over 1,700 active opportunities in the sales funnel, it is in the best interest of all partners to continue the momentum of Toronto Global and commit to a multi-year agreement.
Background Information
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-130586.pdf
Attachment 1 - Toronto Global, Pipeline Report, February 21, 2019
https://www.toronto.ca/legdocs/mmis/2019/ex/bgrd/backgroundfile-130587.pdf
Communications
(March 21, 2019) Submission from Hamish Wilson (EX.New.EX3.8.2)