Item - 2023.RZ6.1

Tracking Status

This item was considered by TO Live - Finance and Audit Committee on December 12, 2023 and was adopted without amendment.

RZ6.1 - 2023 Third Quarter Financial Results and Commentary

Decision Type:: ACTION

Status:: Adopted

Confidential Attachment - If disclosed, could reasonably be expected to significantly prejudice the competitive position or significantly interfere with the contractual or other negotiations of a person, group of persons or organization

Committee Decision

The TO Live - Finance and Audit Committee recommends that the Board of Directors of TO Live:

1. Approve the 2023 third quarter financial operating results, as noted in Confidential Attachment 1.

2. Direct that Confidential Attachments 1 and 2 remains 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 significantly prejudice the competitive position or significantly interfere with the contractual or other negotiations of a person, group of persons, or organization.

Origin

(November 23, 2023) Report from the President and Chief Executive Officer

Summary

The purpose of this report is to present the 2023 third quarter financial results to the Board.

Background Information

(November 23, 2023) Report from the President and Chief Executive Officer, TO Live on 2023 Third Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2023/rz/bgrd/backgroundfile-241163.pdf
Confidential Attachment 1 - 2023 Third Quarter Operating Results Commentary
Confidential Attachment 2 - 2023 Third Quarter Statement of Contribution Margin

Motions

Motion to Adopt Minutes moved by Mustafa Humayun (Carried)

That the minutes from the TO Live - Finance and Audit Committee meeting on September 18, 2023 be confirmed.

Motion to Adopt Item moved by Mustafa Humayun (Carried)