Item - 2025.RA21.9
Tracking Status
- This item was considered by CreateTO on October 15, 2025 and was adopted without amendment.
RA21.9 - CreateTO 2026 Operating Budget
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Board Decision
The Board of Directors of CreateTO:
1. Approved CreateTO's 2026 Operating Budget and directed the Chief Executive Officer to submit the budget to the City of Toronto as part of the 2026 budget process.
Origin
Summary
As the City of Toronto’s real estate agency, CreateTO applies a strategic city-wide lens to Toronto’s real estate holdings, develops City buildings and lands for municipal purposes and delivers real estate solutions to advance City Council’s key public policy goals and meet the program needs of City divisions, agencies, and corporations.
CreateTO is a self-sustaining agency and submits a net zero budget to the City of Toronto.
Toronto has more than 8,400 properties within its real estate portfolio. CreateTO offers creative and strategic approaches to solving some of our city’s most pressing challenges, from building affordable homes and inclusive communities, to creating cultural and employment opportunities, driving economic prosperity, achieving our climate goals, and increasing our collective quality of life.
Background Information
https://www.toronto.ca/legdocs/mmis/2025/ra/bgrd/backgroundfile-259254.pdf
(September 30, 2025) Report from the Chief Executive Officer, CreateTO on CreateTO 2026 Operating Budget