Item - 2025.IB14.1
Tracking Status
- This item was considered by Toronto Investment Board on December 12, 2025 and was adopted without amendment.
IB14.1 - Personal Trading Policy - Toronto Investment Board
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Board Decision
The Toronto Investment Board:
1. Adopted the Personal Trading Policy for Board Members as described in Attachment 1 to the report (November 20, 2025) from the Director, Capital Markets.
Decision Advice and Other Information
Randy LeClair, Director, Capital Markets gave a verbal update on Personal Trading Policy - Toronto Investment Board.
Origin
Summary
The Toronto Investment Board (Board) is required to review the Personal Trading Policy every two years. The Policy was last reviewed in 2023 and is due for review.
There are no changes recommended by staff to the Policy at this time. As such, it is recommended that the Board adopt the Personal Trading Policy as described in Attachment 1 to this report.
Board members will also be asked to sign the Annual Compliance Statement (Attachment 2) of this report once the policy is adopted.
Background Information
https://www.toronto.ca/legdocs/mmis/2025/ib/bgrd/backgroundfile-260735.pdf
Attachment 1 - Toronto Investment Board Personal Trading Policy for Board Members
https://www.toronto.ca/legdocs/mmis/2025/ib/bgrd/backgroundfile-260756.pdf
Attachment 2 - Personal Trading Policy - Annual Compliance Statement
https://www.toronto.ca/legdocs/mmis/2025/ib/bgrd/backgroundfile-260757.pdf