|
|
 |
 |
|
| |
|
City of Toronto Council and Committees |
| |
|
All Council and Committee documents are available from the City of Toronto Clerk's office. Please e-mail clerk@city.toronto.on.ca.
|
| |
|
THE CITY OF TORONTO
Clerk's Department
Minutes of the Economic Development Committee
Friday, September 18, 1998.
The Economic Development Committee met on Friday, September 18, 1998, in Committee Room A,
2nd Floor, Metro Hall, Toronto, commencing at 9:42 a.m.
Members Present:
Councillor Brian Ashton, Chair
Councillor Sandra Bussin
Councillor Raymond Cho
Councillor Rob Davis
Councillor Michael Feldman
Councillor Mario Giansante
Councillor Douglas Holyday
Councillor Norm Kelly
Councillor Joan King
Councillor Mario Silva
Councillor Mike Tzekas
On Motion by Councillor Holyday, the Committee confirmed the minutes of its meetings held
on July 8, 1998 and July 17, 1998.
No declarations of interest pursuant to the Municipal Conflict of Interest Act was
declared by members of the Economic Development Committee.
10. Overview of Key Issues and Opportunities in
Economic Development, Culture and Tourism.
The Economic Development Committee had before it the following reports:
(i) (September 1, 1998) from the Commissioner of Economic Development, Culture and
Tourism; submitting a Discussion Paper, dated September 4, 1998, entitled
Towards a Strategic Agenda, Key Issues and Opportunities in Economic Development,
Culture and Tourism which provides background information in order to assist the
Committee in determining how it wishes to approach strategic planning and issues
resolution, and how the Department and the Committee can best work together in this
regard; and recommending that this report be received for information; and
(ii) (September 17, 1998) from the Managing Director, Toronto Historical Board,
recommending that this report be received for information.
On motion by Councillor King, the Committee referred the aforementioned
report from the Commissioner of Economic Development, Culture and Tourism,
together with related material, to the Chair with a request that he convene
a special meeting of the Economic Development Committee to discuss this
report and that senior staff of the Department of Economic Development,
Culture and Tourism be requested to attend.
(Chair, Economic Development Committee; Copy to: Commissioner of
Economic Development, Culture and Tourism; Mr. F. Kershaw, Director,
Policy and Development, Economic Development, Culture and Tourism -
September 23, 1998)
(Clause No. 15(b), Report No. 2)
11. Dundas West Regeneration Project
(Davenport and High Park).
The Economic Development Committee had before it report (September 3, 1998) from the
Commissioner of Economic Development, Culture and Tourism, recommending that:
(1) City Council endorse the terms of reference for the Dundas West Regeneration
Project as set out in the body of this report, and grant authority to make
available monies provided by Provigo for the purposes of the Dundas West
Regeneration Project pursuant to the Section 37 Agreement authorized by (former)
City of Toronto Council in adopting Land Use Committee Report 12, Clause 11,
Recommendation 2 on August 21, 1997 to the West Toronto Junction Team as set out
below;
(a) the funds be used for the purposes of retaining a Project Director and
undertaking activities agreed to by the Commissioners of Economic
Development, Culture and Tourism and Urban Planning and Development
Services that are required to develop new markets for Dundas Street West
and attract new business locations and investment;
(b) the Commissioner of Economic Development, Culture and Tourism be authorized
to disburse the funds in installments of up to $25,000.00 to the West
Toronto Junction Team upon the submission of both a current financial
statement for the project, and copies of invoices documenting the
expenditure of the previously disbursed funds, except as noted in 1c, and
that no more than $100,000.00 be provided before June 30, 1999; and
(c) permission be given to provide the first installment when the West Toronto
Junction Team has entered into a contract with a Project Director;
(2) the interest accruing on the funds held by the City be deposited in Account 304426
and be made available to the West Toronto Junction Team for the purposes of the
project;
(3) staff be requested to facilitate and accommodate any requests for support, within
their resource capabilities from the West Toronto Junction Team;
(4) the West Toronto Junction Team invite the four Ward Councillors and Economic
Development and Urban Planning and Development staff to all meetings and provide
them with copies of the Minutes and financial statements for the project;
(5) the management of Provigo be thanked for its contribution and support to date for
this important regeneration project;
(6) the Commissioners of Economic Development, Culture and Tourism and Urban Planning
and Development Services be requested to report to the Economic Development
Committee on the progress of the project, results achieved and future directions
after one year; and
(7) that the appropriate staff be authorized to take the steps necessary to implement
the foregoing.
On motion by Councillor Holyday, the Committee recommended to Council the
adoption of the aforementioned report.
(Clause No. 8, Report No. 2)
12. Appointments to the Boards of Management for Business Improvement Areas
and Amendments to the (Former Toronto) Municipal Code Chapter 20,
Business Improvement Areas - Various Wards.
The Economic Development Committee had before it a report (September 3, 1998) from the
Commissioner of Economic Development, Culture and Tourism, recommending that:
(1) amendments be made to Schedule A Individual Boards of Management, of the (former
Toronto) Municipal Code Chapter 20, Business Improvement Areas as set out in the
attached Schedule A. These changes are specific to Number of Members and Members
Needed for Quorum and are highlighted by Changes From and To ;
(2) Council appoint the nominees listed in Appendix 1 of this report to the Boards of
Management for Bloor/Bathurst-Madison, Eglinton Way, Greektown on the Danforth,
Harbord Street, Kennedy Road, Queen/Broadview Village, Upper Village (York) and
Weston Business Improvement Areas. The term of office is to expire on November
30, 2000, or as soon thereafter as successors are appointed. Each of the named
nominees meets the requirements of Section 220 of the Municipal Act, as amended;
and
(3) the appropriate City officials be authorized and directed to take the necessary
action to give effect thereto.
On motion by Councillor Silva, the Committee recommended to Council the
adoption of the aforementioned report, subject to the addition of the
following recommendation:
(4) authority be granted for the introduction of the necessary bill in
Council to give effect thereto. .
(Clause No. 9, Report No. 2)
13. PATH - Promotion Link Inc.
Proposal for Public Access Terminal System.
The Economic Development Committee had before it a report (September 3, 1998) from the
Commissioner of Economic Development, Culture and Tourism, recommending that:
(1) the City of Toronto endorse the proposal by Promotions Link Inc. to introduce a
Public Access Terminal System in the PATH walkway system, and provide Promotions
Link Inc. with exclusive rights to use the name "PATH" and associated Official
Marks for the purposes of a Public Access Terminal System for an interim period of
three years;
(2) the City of Toronto approve in principle the installation of prototype Public
Access Terminals in City and/or Metro Hall at no cost to the City, and authorize
staff to work with Promotions Link Inc. to identify appropriate locations and make
the necessary arrangements;
(3) Promotions Link Inc. also be given permission to use the PATH Official Marks on
marketing and promotional material and on merchandise;
(4) in the event that no terminals have been installed anywhere in the walkway system
and the system functional by the end of a twelve month period, that the
Commissioner of Economic Development, Culture and Tourism be authorized to
evaluate the progress and feasibility of the project and report to Council on the
continued appropriateness of providing Promotions Link Inc. with exclusivity to
the use of the Official Marks for the purposes of a Public Access Terminal
System;
(5) the appropriate officials be authorized and directed to undertake the necessary
action to give effect thereto; and
(6) the Commissioner of Economic Development, Culture and Tourism and the City
Solicitor be directed to negotiate, prepare and execute the appropriate
agreement(s).
On motion by Councillor Holyday, the Committee recommended to Council the
adoption of the aforementioned report.
(Clause No. 11, Report No. 2)
14. Play Structures and Waterplay Areas.
The Economic Development Committee had before it a joint report (September 2, 1998) from
the Commissioner of Economic Development, Culture and Tourism and the Commissioner of
Urban Planning and Development Services, recommending that the Government of Ontario be
requested to consider regulating all public and private playgrounds, including their
maintenance, through the Ontario Building Code Act using the C.S.A. Standards Z614-98 as
the basis for such regulations.
On motion by Councillor King, the Committee recommended to Council the
adoption of the aforementioned joint report, subject to the addition of the
following recommendation:
(2) that appropriate City officials be requested to proceed with the
assessment of playground equipment in City parks including a
program for equipment replacement and upgrades to meet standards on
a priority basis.
(Clause No. 12, Report No. 2)
15. Federation of Canadian Municipalities and
the Multilateral Agreement on Investment.
The Economic Development Committee had before it a report (July 14, 1998) from Councillor
Layton, Don River, advising, for information, that the Federation of Canadian
Municipalities (FCM) has been advised by the federal chief negotiator of the Multilateral
Agreement on Investment, that the office of the Federal Minister for International Trade
was considering a proposal to hold consultations in communities across the country with
respect to the Multilateral Agreement on Investment; and stating that FCM staff will
prepare a briefing note to municipalities once the consultative process has been defined
by the Minister s office.
On motion by Councillor Cho, the Committee received the aforementioned
report.
(Councillor Layton, Don River - September 22, 1998)
(Clause No. 15(e), Report No. 2)
16. Upper Village (York) Business Improvement Area (BIA)
- 1998 Operating Budget.
The Economic Development Committee had before it a report (September 2, 1998) from the
Chief Financial Officer and Treasurer, recommending that:
(1) the Economic Development Committee certify to City Council the expenditure
estimates of the Upper Village (York) Business Improvement Area for the year 1998
in the amount of $95,000.00;
(2) the expenditure estimates of the above Business Improvement Area be adopted; and
(3) a copy of this report be forwarded to the Budget Committee for its information.
On motion by Councillor Giansante, the Committee:
(i) recommended to Council the adoption of Recommendations Nos. (1) and
(2) in the aforementioned report, subject to the addition of the
following recommendation:
(4) that authority be granted for the introduction of
the necessary bill in Council to give effect
thereto. ; and
(ii) adopted Recommendation No. (3) of the aforementioned report.
(Budget Committee; Copy to: Chief Financial Officer and Treasurer -
September 21, 1998)
(Clause No. 13, Report No. 2)
17. Issuance of Tax Receipts for Toronto 2000.
The Economic Development Committee had before it a communication (September 11, 1998) from
the City Clerk, advising that the Millennium Task Force on September 9, 1998, recommended
to the Economic Development Committee, and Council, the adoption of the report, dated
September 3, 1998, from the Project Manager, Millennium Task Force, recommending:
That the Chief Financial Officer and Treasurer, upon receipt of donations
to the City which are accompanied by a request that the City use such
monies to support Toronto 2000, report to City Council for instructions on
the disbursement of any such monies.
On motion by Councillor King, the Committee recommended to Council, the
adoption of the recommendation of the Millennium Task Force.
(Clause No. 14, Report No. 2)
18. Tree Maintenance Backlog.
The Economic Development Committee had before it a report (September 9, 1998) from
Councillor Pantalone, Trinity Niagara, expressing concern with the increasing backlog in
maintenance service calls for trees on City of Toronto property (e.g., front yards); and
recommending that the Forestry Section prepare a report, in time for the 1999 budget
cycle, such report to enumerate the city-wide service levels and what must be done in
order to return any backlogs to an acceptable level.
On motion by Councillor King, the Committee referred the aforementioned
report to the Commissioner of Economic Development, Culture and Tourism,
with a request that he report thereon to the Economic Development Committee
for consideration with his Department s 1999 Operating Budget.
(Commissioner of Economic Development, Culture and Tourism; Copy to:
Councillor Pantalone, Trinity Niagara; Mr. F. Kershaw, Director, Policy
and Development, Economic Development, Culture and Tourism - September 23,
1998)
(Clause No. 15(g), Report No. 2)
19. Milne House Garden Club Donation (Don Parkway).
The Economic Development Committee had before it a report (September 2, 1998) from the
Commissioner of Economic Development, Culture and Tourism, recommending that:
(1) the City acknowledge the generosity of the Milne House Garden Club for this
donation that will enhance the Toronto Parks system;
(2) the $15,000.00 donation by the club be credited to the Milne Hollow capital
account (account number CPC018); and
(3) the appropriate City officials take the necessary action to give effect thereto.
Mrs. Gwen Gray and Mrs. Betty Crosby, Co-Chairs of the Milne Hollow Committee of the Milne
House Garden Club presented a cheque to the City for the purpose of planting trees at
Milne Hollow.
On motion by Councillor King, the Committee recommended to Council the
adoption of the aforementioned report.
(Clause No. 1, Report No. 2)
20. Todmorden Mills Wildflower Preserve Donation (East York).
The Economic Development Committee had before it a report (September 2, 1998) from the
Commissioner of Economic Development, Culture and Tourism, recommending that:
(1) the City acknowledge the generosity of the Todmorden Mills Wildflower Preserve for
this donation that will enhance the Toronto parks system;
(2) the $20,000.00, as well as future donations by the organization, be credited to
the Lower Don capital account (account number CPC044); and
(3) the appropriate City officials take the necessary action to give effect thereto.
Mr. Ernie Baltz of the Todmorden Mills Wildflower Preserve presented a cheque to the City
for the purpose of implementing site improvements at the Todmorden Mills Wetland.
On motion by Councillor Giansante, the Committee recommended to Council the
adoption of the aforementioned report.
(Clause No. 2, Report No. 2)
21. Millennium Task Force - Report to Council.
The Economic Development Committee had before it a communication (September 9, 1998) from
the City Clerk advising that the Millennium Task Force on September 9, 1998, recommended
to the Economic Development Committee, the Budget Committee, and Council, the adoption of
the report, dated September 9, 1998, from Councillor Korwin-Kuczynski, Chair, Millennium
Task Force, wherein it is recommended that:
(1) the City of Toronto, along with the rest of the world, celebrate the arrival of
the millennium beginning with a New Year s Eve celebration marking the turn of the
century, and continuing throughout the year 2000; the New Year s Levee on
January 1, 2001 marking the arrival of the millennium;
(2) the City work co-operatively with Toronto 2000, an incorporated board of
volunteers mandated to co-ordinate the involvement of community organizations, by
sector, across the City;
(3) the City work closely with all groups/organizations planning special millennium
celebrations;
(4) the City work with other levels of government to ensure that Toronto residents,
organizations and agencies are informed of opportunities and programs available
through the Provincial and Millennium offices;
(5) the City deliver its messages to all parts of the community by ensuring that each
and every Ward Councillor is informed and involved in celebrating the millennium
at the community level;
(6) the City approve, in principle, the establishment of a Millennium Grants Program
so that community initiatives and potential legacy projects may be a significant
part of Toronto s Millennium;
(7) the City establish a Millennium Project Revolving Account in the amount of
$1,000,000.00, payable in advance pending formal budget approval, and that the
proposed final millennium budget be submitted to Budget Committee for review;
(8) access and equity principles be considered a vital core of the millennium
celebrations;
(9) Council give direction to all City departments and staff to provide full
co-operation and in-kind support for the production of this celebration and the
secondment of staff with associated budget dollars;
(10) the City immediately book appropriate venues such as Roundhouse Park, Bobby
Rosenfeld Park, Metro Convention Centre, Casa Loma, for the Millennium
celebrations; and
(11) City departments refer all Millennium related activities to the Millennium Task
Force to avoid duplication.
Councillor Chris Korwin-Kuczynski, Chair, Millennium Task Force, appeared before the
Economic Development Committee in connection with the foregoing matter.
On motion by Councillor Davis, the Committee recommended to the Budget
Committee, the Strategic Policies and Priorities Committee, and Council,
the adoption of the aforementioned report.
(Budget Committee; Copy to: Jaye Robinson, Director of Special Events,
Economic Development, Culture and Tourism - September 21, 1998)
(Clause No. 15(d), Report No. 2)
22. International Aids Conference in 2004.
The Economic Development Committee had before it a report (September 2, 1998) from the
Commissioner of Economic Development, Culture and Tourism, recommending that:
(1) Council confirm its support, in principle, for Toronto as the host city for the
International AIDS Conference in 2004;
(2) staff report to the next meeting of the Economic Development Committee on
mechanisms whereby the City, in association with Federal, Provincial governments
and the private sector, could provide a loan guarantee in the amount of $1.0
million required to secure the AIDS 2004 conference;
(3) staff report on the merits of developing a formal support program whereby the
City, in association with Federal, Provincial governments and the private sector,
could provide bid support for upcoming major convention bids; and
(4) the appropriate City Officials be authorized and directed to take the necessary
action to give effect thereto.
The Economic Development Committee also had before it during consideration of the
foregoing matter the following communications:
- (August 31, 1998), addressed to Councillor Ashton, from Mr. Andrew M. Pringle,
President, Canadian Foundation for AIDS Research (CANFAR), expressing CANFAR s
support of Dr. Mark A. Wainberg s proposal to have Toronto chosen as the city to
host the International Conference on AIDS in the year 2004; and
- (September 17, 1998) from The Honourable Alan Rock, Minister of Health, expressing
support of the City of Toronto s application to host the 2004 World AIDS
Conference.
The following persons appeared before the Economic Development Committee in connection
with the foregoing matter:
- Dr. Mark Wainberg, President, McGill AIDS Centre, Jewish General Hospital, and
introduced the following community representatives:
- Mr. Ron Rosedale, Member, AIDS Committee of Toronto;
- Ms. Louise Binder, Chair, Voices of Positive Women; and
- Ms. Bluma Appel, Chairperson, Canadian Foundation for AIDS Research
(CANFAR);
- Mr. Kirk Shearer, President and CEO, Tourism Toronto; and
- Dr. Sheela Basrur, Medical Officer of Health.
On motion by Councillor Feldman, the Committee recommended to Council the
adoption of the aforementioned report.
(Clause No. 6, Report No. 2)
23. City of Toronto Arts and Culture Grants
January to June 1998.
The Economic Development Committee had before it a report (August, 1998) from
Ms. Anne Collins, President, Toronto Arts Council, which covered the first six months in
1998 (January 1 to June 30) and describes the economic impact of the City s financial
investment in the arts community and the impressive array of new work, creativity and
community animation which resulted.
The following representatives of the Toronto Arts Council made an overhead presentation to
the Economic Development Committee with respect to the City of Toronto Arts and Culture
Grants, January to June, 1998, and filed a copy of their presentation material:
- Mr. Kim Tomczak, Vice-President, Toronto Arts Council;
- Ms. Yvonne Chiu, Board Member, Toronto Arts Council;
- Mr. Greg Cromwell, Board Member, Toronto Arts Council; and
- Mr. Tom Hendry, Q.C.
(A) Councillor Silva moved that the Committee receive the
aforementioned report and forward a copy thereof to City Council
for information.
(B) Councillor Bussin moved that the following Recommendation No. 103
of the Toronto Transition Team be referred to the Commissioner of
Economic Development, Culture and Tourism with a request that he
submit a report to the Special Committee to Review the Final Report
of the Toronto Transition Team and that the Special Committee
forward its recommendation in this respect to the Economic
Development Committee for consideration and subsequent submission
to City Council:
Council should establish a new city-wide Toronto Arts Council as
an arm s length funding and peer review body to administer grants
to arts and cultural organizations, according to policy guidelines
established by Council.
Upon the question of the adoption of the foregoing motions (A) and (B), it
was carried.
(Commissioner of Economic Development, Culture and Tourism; Copy to: Mr.
F. Kershaw, Director, Policy and Development, Economic Development, Culture
and Tourism; Ms. R. Davies, Executive Director, Toronto Arts Council;
Special Committee to Review the Final Report of the Toronto Transition Team
- September 23, 1998)
(Clause No. 3, Report No. 2)
24. Proposed Bank Mergers - Impact on Toronto as a Financial Centre
and Legislation Respecting Canadian Financial Institutions.
The Economic Development Committee had before it the following reports and communications:
(i) (September 15, 1998) from the Commissioner of Economic Development, Culture and
Tourism, recommending that:
(1) City Council ask the Minister of Finance to consider the impact of the
proposed bank mergers on Toronto s status as an internationally competitive
financial centre when reviewing the mergers;
(2) the Managing Director of Economic Development monitor the public hearings
on the proposed bank mergers scheduled by the federal government in October
and November, and report to the Economic Development Committee as required;
(3) the Managing Director of Economic Development prepare a brief, based on
this report, to be forwarded to the Minister of Finance respecting the bank
mergers, and that the Mayor, or his designate, make a deputation at the
Commons and Senate hearings in Ottawa;
(4) the Economic Development Committee meet with representatives of small
businesses and affected special interest groups to ensure their concerns
are identified and responded to in any future regulatory regimes;
(5) Council establish an on-going forum with the financial services sector
including all of the major banks in Toronto, to address the issues
surrounding the structural and technological changes occurring domestically
and nationally in the financial services industry. These forums will
provide input to the City s Economic Development Strategy Plan; and
(6) the Economic Development Committee oversee a process for effectively
evaluating and responding to changes resulting from the proposed bank
mergers and other changes occurring in the financial services sector.
(ii) (September 17, 1998) from the Commissioner of Economic Development, Culture and
Tourism regarding legislation respecting Canadian Financial Institutions; and
recommending that this report be received for information.
(iii) (March 30, 1998) from the City Clerk forwarding to the Economic Development
Committee the action taken by the Urban Environment and Development Committee on
March 23 and 24, 1998, which directed that the matter of the impact on Toronto of
the proposed merger of the Royal Bank of Canada and the Bank of Montreal be
referred to the first meeting of the Economic Development Committee, once it is established.
(iv) (August 12, 1998) from the City Clerk forwarding Clause No. 3 of Report No. 14 of
The Strategic Polices and Priorities Committee, headed Legislation Respecting
Canadian Financial Institutions and advising that City Council, at its meeting on
July 29, 30 and 31, 1998 struck out and referred this Clause to the Economic
Development Committee for consideration, with a request that the Commissioner of
Economic Development, Culture and Tourism report thereon to the Economic
Development Committee at the same time as the report is brought forward regarding
the banking industry, which was previously requested by Councillor Moscoe.
The following persons appeared before the Economic Development Committee in connection
with the foregoing matter:
- Mr. Maurice Hudon, Executive Vice-President, Ontario Division, Bank of Montreal
and Mr. George Gaffney, Executive Vice-President and General Manager, Metro
Toronto, Royal Bank, and filed a written submission.
At this point in the proceedings, having regard to the hour of 12:30 p.m., in accordance
with subsection 11(1) of the Council Procedural By-law, the Committee decided to hold down
further discussion of the foregoing matter and recess immediately, to reconvene at 2:00
p.m.
(Matter held down for further discussion - also refer to Minute No. 25.)
The Economic Development Committee recessed at 12:30 p.m.
The Economic Development Committee reconvened at 2:13 p.m.
Members Present:
Councillor Brian Ashton, Chair
Councillor Sandra Bussin
Councillor Raymond Cho
Councillor Rob Davis
Councillor Frank Faubert
Councillor Michael Feldman
Councillor Mario Giansante
Councillor Douglas Holyday
Councillor Norm Kelly
Councillor Joan King
Councillor Mario Silva
25. Proposed Bank Mergers - Impact on Toronto as a Financial Centre
and Legislation Respecting Canadian Financial Institutions.
(Also see Minute No. 24.)
The Committee resumed its consideration of the issue of the Proposed Bank Mergers - Impact
on Toronto.
The following persons also appeared before the Committee in connection with the foregoing
matter:
- Ms. Judith Andrews and Mr. Ted Mallett, Canadian Federation of Independent
Businesses, and filed a written submission;
- Mr. John Anderson, Vice Chair, Toronto Small Business Support Organization;
- Mr. John Banka, Toronto Small Business Support Organization;
- Mr. Warren Jestin, Senior Vice-President and Chief Economist, ScotiaBank, and
filed a written submission;
- Mr. Bob Kelly, Vice-Chair, Retail Banking, Toronto-Dominion Bank and Mr. Mike
Pedersen, Executive Vice-President, C.I.B.C. Branch Banking, and filed written
submissions respectively;
- Mr. Rosario Marchese, MPP, Fort York;
- Mr. Hugh Brown; and
- Councillor Howard Moscoe, North York Spadina.
Ms. Brenda Librecz, Managing Director, Economic Development, gave an overhead presentation
to the Committee with respect to the foregoing matter.
(A) Councillor Bussin moved that the Committee recommend to Council
that the Federal Government be advised that the proposed bank
mergers are not in the interest of the citizens of the City of
Toronto.
(B) Councillor Silva moved that the Committee recommend to Council the
adoption of the report (September 15, 1998) from the Commissioner
of Economic Development, Culture and Tourism, subject to striking
out Recommendation No. (3) embodied therein, and substituting in
lieu thereof the following:
(3) It is recommended that the Managing Director of Economic
Development prepare a brief highlighting the importance to
Canada of Toronto as an internationally competitive
financial centre, and requesting the Federal Minister of
Finance to prepare short and long-term employment impact
assessments for the proposed bank mergers on Toronto and
Canada, and that the Mayor, or his designate, make a
deputation based on this brief to the Commons and Senate
Hearings on the report prepared by the Task Force on the
Future of the Canadian Financial Services Sector.
(C) Councillor Giansante moved that the foregoing motion (B)
by Councillor Silva be amended by adding to the recommendations
embodied in the report (September 15, 1998) from the Commissioner
of Economic Development, Culture and Tourism the following
additional recommendation:
(7) that the Brief to the Federal Minister of Finance:
(a) outline the concerns of the City of Toronto
and the safeguards required to remain a major
financial centre; and
(b) request the Federal Government to:
(i) support our efforts and programs to
improve our infrastructure;
(ii) insist the Banks explore and
evaluate other options;
(iii) retain current barriers for foreign
ownership of Canadian financial
institutions; and
(iv) support stronger controls to regulate
tied (linked) selling of services.
At this point in the proceedings, on motion by Councillor Faubert, having regard to the
hour of 5:59 p.m., in accordance with subsection 11(2) of the Council Procedural By-law,
the Committee decided to waive the requirement of the 6:00 p.m. recess in order to
complete the Agenda.
(D) Councillor King moved that:
(i) Recommendation No. (3) embodied in the report
(September 15, 1998) from the Commissioner of
Economic Development, Culture and Tourism, be
amended by deleting therefrom, the words based on
this report and inserting in lieu thereof the words
outlining the City s reasons and concerns , so that
such recommendation now reads:
(3) It is recommended that the Managing Director of
Economic Development prepare a brief, outlining the
City s reasons and concerns, to be forwarded to the
Minister of Finance respecting the bank mergers, and
that the Mayor, or his designate, make a deputation
at the Commons and Senate hearings in Ottawa; ; and
(ii) the foregoing motion (C) by Councillor Giansante be referred
to the Commissioner of Economic Development, Culture and
Tourism, for a report thereon directly to Council for its
meeting on October 1, 1998.
(E) Councillor Faubert moved that the Commissioner of Economic
Development, Culture and Tourism be requested to submit a report
directly to Council for consideration at its meeting on October 1,
1998, on appropriate conditions which Council could recommend to
the Federal Minister of Finance based on the recommendations
proposed by Mr. Banka, Toronto Small Business Support Organization
and by Mr. Rosario Marchese MPP, Fort York, which were presented to
the Economic Development Committee at its meeting on September 18,
1998:
Proposed by Mr. Rosario Marchese, MPP:
(1) That a Financial Consumers Association be established which
could utilize the expertise of various lawyers, solicitors
and economists with funding provided from the banks via
their statement distribution;
(2) that a mechanism be established (such as the
Community Reinvestment Act) which could allow access
to the banks credit information with a view to
achieving accountability; and
(3) that membership on the Boards of Directors of Banks be
opened up to include representation from sectors such as
consumers, shareholders, financial consulting groups, etc.,
in order to make banks more accountable.
(F) Councillor Cho moved that the foregoing motion (B) by Councillor
Silva be amended to provide that Recommendation No. (3) of the
report (September 15, 1998) from the Commissioner of Economic
Development, Culture and Tourism, be further amended to provide
that the requested brief be first submitted to the Economic
Development Committee for consideration and subsequent submission
to City Council.
Councillor Ashton appointed Councillor Giansante Acting Chair of the Economic Development
Committee and vacated the Chair.
(G) Councillor Ashton moved that the foregoing motion (F) by
Councillor Cho be referred to the Chair of the Economic Development
Committee with a request that he determine the feasibility thereof,
in consultation with the Commissioner of Economic Development,
Culture and Tourism.
Councillor Ashton resumed the Chair.
Upon the question of the adoption of the foregoing motion (G) by Councillor
Ashton, it was carried.
Upon the question of the adoption of the foregoing motion (B) by Councillor
Silva, it was carried.
The Chair, having regard to the foregoing decision of the Committee,
declared Part (i) of the foregoing motion (D) by Councillor King,
redundant.
Upon the question of the adoption of Part (ii) of the foregoing motion (D)
by Councillor King, it was carried.
Upon the question of the adoption of the foregoing motion (E) by Councillor
Faubert, it was carried.
Upon the question of the foregoing motion (A) by Councillor Bussin, it was
lost.
In summary therefore, the decision of the Economic Development Committee is as follows:
The Committee recommended to Council the adoption of the report (September 15, 1998) from
the Commissioner of Economic Development, Culture and Tourism subject to striking out
Recommendation No. (3) embodied therein and substituting in lieu thereof the following:
(3) It is recommended that the Managing Director of Economic Development
prepare a brief highlighting the importance to Canada of Toronto as an
internationally competitive financial centre, and requesting the Federal
Minister of Finance to prepare short and long-term employment impact
assessments for the proposed bank mergers on Toronto and Canada, and that
the Mayor, or his designate, make a deputation based on this brief to the
Commons and Senate Hearings on the report prepared by the Task Force on the
Future of the Canadian Financial Services Sector.
The Committee also:
(1) received the report (September 17, 1998) from the Commissioner of Economic
Development, Culture and Tourism regarding Legislation Respecting Canadian
Financial Institutions;
(2) referred the following motion by Councillor Giansante to the Commissioner of
Economic Development, Culture and Tourism for a report thereon directly to Council
for its meeting on October 1, 1998:
That the report (September 15, 1998) from the Commissioner of Economic
Development, Culture and Tourism be amended by adding thereto the following
additional recommendation:
(7) that the Brief to the Federal Minister of Finance:
(a) outline the concerns of the City of Toronto and the
safeguards required to remain a major financial centre; and
(b) request the Federal Government to:
(i) support our efforts and programs to improve our
infrastructure;
(ii) insist the Banks explore and evaluate other options;
(iii) retain current barriers for foreign ownership of
Canadian financial institutions; and
(iv) support stronger controls to regulate tied (linked)
selling of services.
(3) requested the Commissioner of Economic Development, Culture and Tourism to submit
a report directly to Council for consideration at its October 1, 1998 meeting on
appropriate conditions which Council could recommend to the Federal Minister of
Finance based on the recommendations proposed by Mr. Banka, Toronto Small Business
Support Organization and by Mr. Rosario Marchese MPP, Fort York, which were
presented to the Economic Development Committee at its meeting on September 18,
1998; and
(4) referred the following motion to the Chair of the Economic Development Committee
for consultation with the Commissioner of Economic Development, Culture and
Tourism as to its feasibility:
Moved by Councillor Cho:
That Recommendation No. (3) of the report (September 15,
1998) from the Commissioner of Economic Development, Culture
and Tourism, as amended, be further amended to provide that
the requested Brief to the Minister of Finance be first
submitted to the Economic Development Committee for
consideration and subsequent submission to City Council.
(Sent to: Chair, Economic Development Committee; Commissioner of Economic
Development, Culture and Tourism; Copy to: Ms. B. Librecz, Managing
Director, Economic Development Culture and Tourism; Mr. F. Kershaw,
Director, Policy and Development, Economic Development, Culture and
Tourism; Interested Persons - September 22, 1998)
(Clause No. 4, Report No. 2)
26. Proposed Use of Funds Generated
from Cash-in-lieu of Parkland Dedication.
The Economic Development Committee had before it a report (September 8, 1998) from the
Commissioner of Economic Development, Culture and Tourism, recommending that:
(1) the Chief Financial Officer and Treasurer be authorized to establish a city-wide
reserve fund for cash-in-lieu of parkland collected by the City, as noted within
this report;
(2) cash-in-lieu of parkland payments received prior to December 31, 1998 in respect
of developments that have received planning approvals prior to December 31, 1997
be allocated for local expenditures as outlined in the report;
(3) the Budget Committee be advised with respect to the Committee s recommendations
resulting from this report; and
(4) the appropriate City Officials be authorized and directed to take the necessary
action to give effect thereto.
On motion by Councillor Davis, the Committee recommended the adoption of
the aforementioned report and forwarded its action in this respect to the
Budget Committee for consideration and subsequent submission to City
Council via the Strategic Policies and Priorities Committee.
(Budget Committee; Copy to: Commissioner of Economic Development, Culture
and Tourism; Mr. F. Kershaw, Director, Policy and Development, Economic
Development, Culture and Tourism - September 22, 1998)
(Clause No. 15(f), Report No. 2)
27. The Greater Toronto Marketing Alliance (GTMA).
The Economic Development Committee had before it a report (September 1, 1998) from the
Commissioner of Economic Development, Culture and Tourism, recommending that:
(1) the City of Toronto continue to support the activities of the Greater Toronto
Marketing Alliance based on the concurrence of all members to the GTMA principles
and protocols;
(2) that the City of Toronto undertake a review of our role with the GTMA after a
period of one year in assessing benefits attributable to Toronto;
(3) $80,000.00 be paid to the GTMA by the City of Toronto Economic Development
Division as the City s contribution to cover operational costs of the GTMA
fiscal year July 1, 1998 to June 30, 1999;
(4) the Mayor of the City of Toronto or his designate be the political representative
from the City to sit on the Board of Directors of the GTMA; and
(5) the appropriate City officials be authorized and directed to take the necessary
action to give effect thereto.
On motion by Councillor Silva, the Committee:
(i) recommended to Council the adoption of the report (September 1,
1998) from the Commissioner of Economic Development, Culture and
Tourism;
(ii) requested the Chair of the Economic Development Committee to invite
a representative from the Greater Toronto Marketing Alliance to
give a presentation to a future meeting of the Committee; and
(iii) requested representative(s) of the Greater Toronto Marketing
Alliance to meet with Councillor Giansante prior to Council s
meeting on October 1, 1998.
(Sent to: Mr. Kenneth Copeland, President and CEO, Greater Toronto
Marketing Alliance; Commissioner of Economic Development, Culture and
Tourism; Copy to: Chair, Economic Development Committee; Vice-Chair,
Economic Development Committee; Ms. B. Librecz, Managing Director,
Economic Development, Mr. F. Kershaw, Director, Policy and
Development, Economic Development, Culture and Tourism - September 23,
1998)
(Clause No. 5, Report No. 2)
28. Urban Aboriginal Economic Development.
The Economic Development Committee had before it a communication (July 21, 1998) from the
City Clerk advising that the Task Force on Community Access and Equity at its meeting on
July 16, 1998, recommended to the Economic Development Committee the adoption of the
implementation strategy outlined in Appendix "A" of the joint report dated June 1, 1998
from the Chief Administrative Officer and Executive Director of Human Resources, wherein
it is recommended in part, that the Economic Development Committee and the Department of
Economic Development, Culture and Tourism respond to the Task Force on Community Access
and Equity and the Aboriginal Planning Group, regarding the following recommendations that
the City of Toronto:
(a) determine the feasibility and establishment of a Toronto Urban Aboriginal Business
Development Corporation;
(b) provide support for Aboriginal business networking by establishing links between
Aboriginal suppliers and other levels of governments;
(c) examine and identify opportunities for Aboriginal businesses arising from
privatization and/or the sale of assets;
(d) support the establishment of an Aboriginal business information centre and
facilitate the funding for this centre in partnership with banks, the Province,
the Government of Canada, and the Federation of Canadian Municipalities;
(e) with other funding partners, support the creation and maintenance of a directory
of Aboriginal businesses in the Greater Toronto Area;
(f) with other funding partners, support the creation of an Aboriginal institute of
education dedicated to business management;
(g) in partnership with banking institutions explore appropriate mechanisms to make
information about business funding resources available at community agencies,
e.g. business plans, loans;
(h) in partnership with banking institutions present educational business seminars
with Aboriginal community agencies;
(i) initiate a process of consultation with banking institutions and other levels of
government to develop a sustaining infrastructure of loans, services and trained
Aboriginal staff to provide meaningful growth opportunities to Aboriginal people.
This should include exploring with financial institutions and other levels of
government non-traditional ways to build the basic equity required of small
businesses for procuring loans. For example, the banks would review requirements
of assets, securities, and collateral for issuing lines of credit for new
entrepreneurs or small businesses. Further, the City of Toronto should communicate
with banking institutions the need to provide training to their risk management
staff in dealing with assessment of loan applications from Reserves;
(j) communicate its concerns to the Federal Minister of Industry Canada regarding the
budget reduction of Aboriginal Business Canada from $80 million to $35 million,
and request that this decision be reviewed and its budget revised;
(k) express to Aboriginal Business Canada and other levels of government the need for
a loan fund for urban Aboriginal businesses located in the Greater Toronto Area;
and
(l) in partnership with the federal and provincial governments, explore the need to
establish an Aboriginal human resource centre that would provide Aboriginal
employment telephone-hotlines and advertise employment opportunities in the local
Aboriginal community.
On motion by Councillor Faubert, the Committee deferred consideration of
the aforementioned report and referred the recommendations contained
therein to the Commissioner of Economic Development, Culture and Tourism
with a request that he review the recommendations and submit a report
thereon to the Economic Development Committee.
(Commissioner of Economic Development, Culture and Tourism; Copy to: Mr.
F. Kershaw, Director, Policy and Development, Economic Development Culture
and Tourism; Task Force on Community, Access and Equity - September 23,
1998)
(Clause No. 15(a), Report No. 2)
29. Proposed Plan for Developing an Economic Development Strategy
for the City of Toronto.
The Economic Development Committee had before it a report (September 2, 1998) from the
Commissioner of Economic Development, Culture and Tourism, recommending that Council:
(1) endorse the proposed plan, process and timing for developing an economic
development strategy for the City of Toronto, a key element of which will be the
involvement of the broader business community;
(2) approve the creation of an Economic Development Strategy Steering Committee to
oversee the process, to be chaired by the Chair of the Economic Development
Committee and comprised of two other members of the Economic Development
Committee, the Commissioner of Economic Development, the Managing Director of
Economic Development and three representatives of Toronto s business community;
and
(3) authorize and direct the appropriate City Officials to take the necessary action
to give effect thereto.
On motion by Councillor Silva, the Committee:
(i) recommended to Council the adoption of Recommendations Nos. (1) and
(3) embodied in the aforementioned report; and
(ii) referred Recommendation No. (2) embodied in the aforementioned
report to the Chair of the Economic Development Committee with a
request that he submit this Recommendation to Council for its
meeting on October 1, 1998 together with the names of two other
members of the Economic Development Committee for appointment to
the Economic Development Strategy Steering Committee.
(Chair, Economic Development Committee; Copy to: Commissioner of Economic
Development, Culture and Tourism; Ms. B. Librecz, Managing Director,
Economic Development; Mr. F. Kershaw, Director, Policy and Development,
Economic Development, Culture and Tourism - September 23, 1998)
(Clause No. 7, Report No. 2)
30. Proposed Contract Award - Arena and Major Facility
Advertising Program - Parks and Recreation Division.
The Economic Development Committee had before it report (September 1, 1998) from the
Commissioner of Economic Development, Culture and Tourism, recommending:
(1) a five year contract for the exclusive indoor advertising rights for arenas and
major facilities within the Parks and Recreation Division be awarded to DM Media;
(2) this contract reflect the terms and conditions contained within the Request for
Proposals in this report;
(3) the Commissioner of Economic Development, Culture and Tourism, the City Solicitor,
and the Director of Purchasing, be directed to negotiate, prepare and execute the
appropriate contract(s);
(4) the portion of annual revenues in excess of the $1,000,000.00 revenue budget
requirement, be placed in a balance sheet account for basic improvement use by the
participating facilities; and
(5) the appropriate City officials take the necessary action to give effect thereto.
The Committee also had before it a communication (September 17, 1998) from Mr. Andrew
Hethrington, Vice President, MediaCo. Inc., expressing concern with the Request for
Proposals (RFP) which was issued in respect of this contract; and requesting that this
matter be referred back to staff for further consideration
On motion by Councillor Davis, the Committee deferred consideration of the
aforementioned report to its next meeting on October 19, 1998, and referred
the communication from the President, MediaCo. Inc. to the Commissioner of
Economic Development, Culture and Tourism with a request that he review
such communication and report back to the Committee at that time.
(Commissioner of Economic Development, Culture and Tourism; Copy to: Mr.
F. Kershaw, Director, Policy and Development, Economic Development, Culture
and Tourism; Mr. A. Hethrington, Vice President, MediaCo. Inc.;
Interested Persons - September 23, 1998)
(Clause No. 15(c), Report No. 2)
31. Fashion Industry Liaison Committee
Membership and 1997/1998 Activities.
The Economic Development Committee had before it a report (September 3, 1998) from the
Commissioner of Economic Development, Culture and Tourism, recommending that:
(1) the membership of the Fashion Industry Liaison Committee be approved, as outlined
in Appendix B, to reflect changes amongst participating member organizations;
(2) a member of the Economic Development Committee be appointed to Co-Chair the
Fashion Industry Liaison Committee, together with Councillor Olivia Chow
(Councillor Chow represents Ward 24, which contains the City s King-Spadina
Fashion District); and
(3) the appropriate City officials be authorized and directed to take the necessary
action to give effect thereto.
On motion by Councillor Faubert, the Committee:
(i) recommended to Council the adoption of Recommendations Nos. (1) and
(3) embodied in the aforementioned report subject to Recommendation
No. (1) being amended to read:
(1) the membership of the Fashion Industry Liaison Committee be
approved as outlined in Appendix B appended to this report,
to reflect changes amongst participating organizations, and
that such persons be appointed for the period ending
November 30, 2000, and until their successors are
appointed. ; and
(ii) referred Recommendation No. (2) embodied in the aforementioned
report to the Chair of the Economic Development Committee with a
request that he submit this recommendation to Council for its
meeting on October 1, 1998 together with the name of a member of
the Economic Development Committee for appointment as Co-Chair to
the Fashion Industry Liaison Committee.
(Chair, Economic Development Committee; Copy to: Commissioner of Economic
Development, Culture and Tourism; Ms. B. Librecz, Managing Director,
Economic Development; Mr. F. Kershaw, Director, Policy and Development,
Economic Development, Culture and Tourism - September 23, 1998)
(Clause No. 10, Report No. 2)
32. Municipal Conflict of Interest.
The Economic Development Committee had before it a report (September 16, 1998) from the
City Solicitor, reporting as requested by Council at its meeting held on July 8, 9 and 10,
1998, on the Mayor s ability to participate as the Chief Executive Officer for the City of
Toronto, on the Board of Directors of the Bid Committee [Toronto 2008 Olympic Bid
Corporation] given the composition of the Bid Committee; advising that the Mayor, by
virtue of being a director of the bid corporation, does not have a financial interest in
that corporation, and the Municipal Conflict of Interest Act would not restrict him from
participating in the corporation as a member of its Board of Directors; and recommending
that this report be received for information.
On motion by Councillor Faubert, the Committee received the aforementioned
report.
(City Solicitor; Copy to: Mayor Lastman - September 23, 1998)
(Clause No. 15(h), Report No. 2)
The Committee adjourned its meeting at 6:45 p.m.
Chair.
|
| |
|
Please note that council and committee documents are provided electronically for information only and do not retain the exact structure of the original versions. For example, charts, images and tables may be difficult to read. As such, readers should verify information before acting on it. All council documents are available from the City Clerk's office. Please e-mail clerk@city.toronto.on.ca. |
|
