Item - 2025.RZ11.1

Tracking Status

This item was considered by TO Live - Finance and Audit Committee on December 8, 2025 and was adopted without amendment.

RZ11.1 - 2025 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 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 2025 third quarter financial operating results, as noted in Confidential Attachment 1 to the report (November 18, 2025) from the President and Chief Executive Officer, TO Live.

2. Direct that Confidential Attachment 1 to the report (November 18, 2025) from the President and Chief Executive Officer, TO Live 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.

Decision Advice and Other Information

The TO Live - Finance and Audit Committee 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 to 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 18, 2025) Report from the President and Chief Executive Officer, TO Live

Summary

The purpose of this report is to present the 2025 third quarter financial results to the Board.

Background Information

(November 18, 2025) Report from the President and Chief Executive Officer, TO Live on 2025 Third Quarter Financial Results and Commentary
https://www.toronto.ca/legdocs/mmis/2025/rz/bgrd/backgroundfile-260566.pdf
Confidential Attachment 1 - 2025 Third Quarter Operating Results Commentary

Motions

1 - Motion to Adopt Item moved by Gave Lindo (Carried)

2 - Motion to Reconsider Item moved by Brett Hendrie (Carried)

That in accordance with the provisions of Chapter 27, Council Procedures, the TO Live - Finance and Audit Committee reconsider Item RZ11.1.

3 - Motion to Adopt Item moved by Gave Lindo (Carried)