Item - 2021.CT29.4

Tracking Status

CT29.4 - 2021 Third Quarter Financial Results and Commentary

Decision Type:
ACTION
Status:
Adopted
Wards:
All

Confidential Attachment - financial information supplied in confidence to the Board of Directors to TO Live, which if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons or organization

Board Decision

The Board of Directors of TO Live:

 

1.  Approved the 2021 third quarter financial operating results, as noted in Confidential Attachment 1 to the report (October 21, 2021) from the President and Chief Executive Officer, TO Live.

 

2.  Directed that Confidential Attachments 1 and 2 to the report (October 21, 2021) from the President and Chief Executive Officer, TO Live remain confidential in their entirety because they contain financial information supplied in confidence to the Board of Directors of TO Live, which, if disclosed, could reasonably be expected to prejudice significantly the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

Decision Advice and Other Information

The Board of Directors of TO Live recessed its public session to meet in closed session to consider the item as it pertains to financial information supplied in confidence to the Board of Directors of TO Live, which, if disclosed, could reasonably be expected to significantly prejudice the competitive position or interfere significantly with the contractual or other negotiations of a person, group of persons, or organization.

Origin

(October 21, 2021) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to present the 2021 third quarter financial results to the Board.

Background Information

(October 21, 2021) Report from the President and Chief Executive Officer, TO Live on 2021 Third Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2021/ct/bgrd/backgroundfile-172796.pdf
Confidential Attachment 1 - 2021 Third Quarter Operating Results Commentary
Confidential Attachment 2 - Statement of Contribution Margin

Motions

Motion to Adopt Item moved by Councillor Gary Crawford (Carried)

4a - 2021 Third Quarter Financial Results and Commentary

Origin
(November 8, 2021) Letter from the TO Live - Audit Committee
Summary

The purpose of this report is to present the 2021 third quarter financial results to the Board.

Background Information
(November 8, 2021) Letter from the TO Live - Audit Committee on 2021 Third Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2021/ct/bgrd/backgroundfile-173140.pdf
Source: Toronto City Clerk at www.toronto.ca/council