Agenda

This meeting of the Board of Directors of CreateTO will be conducted with members participating in person and remotely.

Board members and participating City Officials will be provided with the video conference details closer to the meeting date.

To provide comments or make a presentation to CreateTO:

The public may submit written comments or register to speak to the Board on any item on the agenda.

Written comments may be submitted by writing to trab@toronto.ca.

To speak to the Board, please register by e-mail to trab@toronto.ca or by phone at 416-397-4592. Registered speakers will be provided with instructions on connecting to the meeting.

Special Assistance for Members of the Public: City staff can arrange for special assistance with some advance notice. If you need special assistance, please call 416-397-4592, TTY 416-338-0889 or e-mail trab@toronto.ca. 

Closed Meeting Requirements: If CreateTO wants to meet in closed session (privately), a member of the Board must make a motion to do so and give the reason why the Board has to meet privately (City of Toronto Act, 2006).

Notice to People Writing or Making Presentations to CreateTO: The City of Toronto Act, 2006 and the City of Toronto Municipal Code authorize the City of Toronto to collect any personal information in your communication or presentation to City Council or its Committees and Boards. The City collects this information to enable it to make informed decisions on the relevant issue(s). If you are submitting letters, faxes, e-mails, presentations or other communications to the City, you should be aware that your name and the fact that you communicated with the City will become part of the public record and will appear on the City’s website. The City will also make your communication and any personal information in it - such as your postal address, telephone number or e-mail address - available to the public, unless you expressly request the City to remove it.

Many Committee, Board, and Advisory Body meetings are available over the internet for the public to view. If you speak at the meeting you may appear in the video record of the meeting.

If you want to learn more about why and how the City collects your information, write to the City Clerk's Office, City Hall, 100 Queen Street West, Toronto ON M5H 2N2 or by calling 416-397-4592.  

toronto.ca/council

This agenda and any supplementary materials submitted to the City Clerk can be found online at www.toronto.ca/council. Visit the website for access to all agendas, reports, decisions and minutes of City Council and its committees.

Declarations of Interest under the Municipal Conflict of Interest Act 

Confirmation of Minutes - January 26, 2026

Speakers/Presentations - The speakers list will be posted online at 12:30 p.m. on March 6, 2026

Communications/Reports

The Chief Executive Officer, CreateTO will provide a verbal update to the Board of Directors, CreateTO on key strategic and operational matters.

The Chief Executive Officer recommends that the Board of Directors of CreateTO receive this report for information.

In recognition of the urgent need to expedite efforts to transform Toronto’s housing system, this report provides the Board of Directors, CreateTO with a broad update of 2026 housing-related priority work items:

·       Sites Under Construction (6 sites)

·       Sites with Secured Proponents (4 sites)

·       Sites in a Market Offering Process (1 sites)

·       Sites that have Received Initial Planning Approvals (8 sites)

·       Sites Undergoing Initial Planning Approvals (4 sites)

·       Sites Managed by Other City Partners (2 sites)

A full list of projects can be found in Attachment 1 - Housing Tracker.

In response to City Council direction through EX25.1, in April 2026 the Housing Development Office will be bringing forward a three-year workplan and prioritization of the Toronto Builds portfolio to the Planning and Housing Committee.

There is no additional financial impact to CreateTO arising from the recommendations in this report. Resources required to support this initiative are being allocated from the current staffing complement and are part of the approved operating budget.

Due diligence, marketing and human resource costs are being recovered by CreateTO in line with current City-approved capital budgets.

The CreateTO - Human Resources Committee recommends that Board of Directors, CreateTO:

1. Request the City Clerk, in consultation with the Committee Chair, to schedule two meetings each year in late-January and June, with the next meeting to be scheduled in June 2026, and to schedule any additional meetings as required at the request of the Chair or Committee.

2. Request the Vice President, People and Culture to report to the June 2026 meeting with information related to CreateTO’s People and Culture strategy, workforce data, and workforce-related matters.

At its meeting on February 20, 2026, the CreateTO - Human Resources Committee considered Item RD1.3 and made recommendations to Board of Directors, CreateTO.

Summary from the report (February 5, 2026) from the Vice President, People and Culture, CreateTO

This report provides a recommended annual workplan for 2026 for the CreateTO – Human Resources Committee. This plan includes recommended meeting frequency and key deliverables (including 2026 annual objectives and updates on CreateTO’s People and Culture strategy).

At its meeting on January 26, 2026, the Board of Directors, CreateTO re-established the CreateTO - Human Resources Committee. This Committee makes recommendations to the Board of Directors, CreateTO on human resources-related matters. These matters include: human resources strategies, plans, principles and related risks; compensation; and the review and recommendation of annual objectives.

The proposed CreateTO – Human Resources Committee annual workplan guides the Committee’s activities for the year and is aligned to its mandate. At its next meeting, staff recommend the Committee receive an update on CreateTO’s People and Culture strategy, workforce data, and workforce-related matters.

The CreateTO - Human Resources Committee recommends that the Board of Directors, CreateTO:

1. Approve the confidential recommendation from the CreateTO - Human Resources Committee.

2. Direct that the information contained in Confidential Attachment 1 and Confidential Attachment 2 to the report (February 5, 2026) from the Chief Executive Officer, CreateTO remain confidential in their entirety, as they deal with personal matters about an identifiable person and with a proposed or pending acquisition or disposition of land by the Board of Directors, CreateTO.

At its meeting on February 20, 2026, the CreateTO - Human Resources Committee considered Item RD1.2 and made recommendations to Board of Directors, CreateTO.

Summary from the report (February 5, 2026) from the Chief Executive Officer, CreateTO

This report provides information respecting the 2025 performance appraisal for the Chief Executive Officer, CreateTO.

The Chief Executive Officer, CreateTO recommends that:

1. The Board of Directors, CreateTO approve the revised 2026 annual objectives for the Chief Executive Officer, CreateTO as detailed in Confidential Attachment 1.

2. The Board of Directors, CreateTO direct that the information contained in Confidential Attachment 1 remain confidential in its entirety, as it deals with personal matters about an identifiable person and with a proposed or pending acquisition or disposition of land by the Board of Directors, CreateTO.

This report presents the revised 2026 annual objectives for the Chief Executive Officer, CreateTO for the review and approval of the Board of Directors, CreateTO.

The CreateTO - Human Resources Committee considered a draft list of 2026 annual objectives at their February 20, 2026 meeting. The Committee referred the item to staff with direction to report directly to the March 6, 2026 Board meeting with revised 2026 annual objectives that reflect the feedback received from the Committee.

There is no financial impact to CreateTO or its managed corporations as a result of the adoption of the recommendations in this report.

The Chief Executive Officer, CreateTO recommends that the Board of Directors:

1. Approve and direct the Chief Executive Officer to implement a Cost-of-Living Adjustment (COLA) for all CreateTO employees for the 2026 fiscal year, aligned with the percentage provided by the City of Toronto to its non-union employees.

As part of CreateTO’s ongoing commitment to maintaining competitive compensation and fostering employee retention, the Chief Executive Officer, CreateTO is recommending the implementation of a cost-of-living adjustment ("COLA") within the Board-approved budget. This annual practice aligns with the City of Toronto’s approved increase and reflects the organization’s responsiveness to economic conditions.

The 2026 approved operating budget includes an estimate for COLA. The City COLA percentage of 1 percent is within management’s estimate. 

That:

1. The Board of Directors, CreateTO re-open item RA23.9, headed “Re-establishing the CreateTO - Human Resources Committee”.

2. The Board of Directors, CreateTO appoint Marcie Zajdeman to the CreateTO Human Resources Committee.

On January 26, 2026, the Board of Directors, CreateTO re-established the CreateTO Human Resources Committee and amended the Terms of Reference. The Board made two appointments to the committee, leaving one vacancy on the committee.

This letter recommends the appointment of Marcie Zajdeman to the CreateTO Human Resources Committee.