Item - 2026.EX33.24

The Executive Committee recommends that:

1. City Council treat the portion of the City Council meeting at which the letter (July 7, 2026) from the Chief Financial Officer and Executive Vice President, CreateTO is considered as the Annual General Meeting of the Shareholder for Toronto Port Lands Company, and:

a. receive the Board approved 2025 Audited Financial Statements for Toronto Port Lands Company from CreateTO's Chief Executive Officer, forming Attachment 1 to the letter (July 7, 2026) from the Chief Financial Officer and Executive Vice President, CreateTO;

b. receive the Toronto Port Lands Company 2025 Annual Report from CreateTO's Chief Executive Officer, forming Attachment 2 to the letter (July 7, 2026) from the Chief Financial Officer and Executive Vice President, CreateTO; and

c. appoint KPMG LLP as the Auditor of Toronto Port Lands Company for fiscal year 2026.

At its meeting on April 27, 2026, the Board of Directors, Build Toronto Inc. and Toronto Port Lands Company, made the following that City Council treat that portion of the City Council meeting at which the report from Chief Executive Officer, CreateTO is considered as the Annual General Meeting of the Shareholder for Toronto Port Lands Company.