Item - 2020.MM22.15

City Council on June 29 and 30, 2020, adopted the following:

1. City Council request the Executive Director, Municipal Licensing and Standards to report to the September 14, 2020 meeting of the General Government and Licensing Committee on any and all steps taken to respond to City Council's October 2019 decision on Item GL7.15, Update on the City of Toronto Municipal Code Chapter 545, Licensing of Payday Loan Establishments, with respect to the following:
 

a.  options to restrict advertising from payday loan establishments in the City of Toronto;

b.  the feasibility of creating a minimum separation distance between payday loan establishments and between payday loan establishments and schools; and

c.  the feasibility of establishing a process for the local Councillor to object to the relocation of a payday loan establishment within the same Ward.

2. City Council request the Executive Director, Social Development, Finance and Administration, in consultation with the General Manager, Economic Development and Culture, the General Manager, Toronto Employment and Social Services, and the Executive Director, Municipal Licensing and Standards, to report back on their discussions with the financial services industry, including credit unions and the not-for-profit sector, on improving access to relevant financial products and services such as access to cash for Toronto residents, as directed by City Council in Item GL7.15, Update on the City of Toronto Municipal Code Chapter 545, Licensing of Payday Loan Establishments to the July 21, 2020 meeting of the Executive Committee.
 

3. City Council request the City Manager and the Chief Recovery and Rebuild Officer to include all requests made of the Provincial and Federal governments by City Council as a part of Item GL7.15, Update on the City of Toronto Municipal Code Chapter 545, Licensing of Payday Loan Establishments in their discussions with those governments and to highlight this issue at all of the Toronto Office of Recovery and Rebuild's Outreach, Engagement and Research Table including but not limited to the Business Sector Financial Table; and to report back on all of City Council's requests on this issue to the September 23, 2020 meeting of the Executive Committee.