In addition to supporting the immediate economic needs of residents and businesses, the COVID-19 pandemic has increased the City’s focus and attention on economic renewal and increasing broad-based economic participation. While economic outcomes are shared with other governments and sectors, the City has put significant attention into programs and advocacy that advance short and long-term objectives and that target the sectors and communities that have been most impacted. Examples of these efforts include:

Supports for Business

Policy Reports

The Economic and Culture Recovery Advisory Group’s report, Building Back Stronger was adopted by Council in December 2020

Search other reports to City Council for more information

  • Toronto’s adopted its first Reconciliation Action Plan in April 2022, building on the City’s existing commitments to Indigenous Peoples in Toronto. The Reconciliation Action Plan sets out 28 meaningful actions to restore truth and justice, addresses the colonial practices within City policies and programs, and will impact the whole of Toronto’s government
  • City examines measures to support 2SLGBTQ small businesses and cultural spaces
  • Council supports Indigenous Centre for Innovation and Excellence to provide entrepreneurial resources by and for the Indigenous community
  • Toronto City Council has approved the development of a Cultural Districts Program, which is designed to support community cohesion in culturally-distinct neighbourhoods, as well as protect their resources and businesses, particularly those in Indigenous and racialized communities
  • City staff delivered a presentation to the Toronto Accessibility Advisory Committee about accessibility in the City’s Digital Infrastructure Plan
  • The Toronto Black Food Sovereignty Plan report responds to the need for immediate and comprehensive action to address the problem of food insecurity experienced by many Black Torontonians
  • The Economic and Culture Recovery Advisory Group’s report, Building Back Stronger, adopted by Council in December 2020, included anti-racism and inclusion as a priority action area
  • The City Manager’s Recovery update report to City Council in March 2021 reported that investments totaling $1.2 million had been made towards Toronto’s Black arts and culture community and business sector to address the systemic economic, social and cultural exclusion facing Black communities in Toronto
  • The same report also highlighted the City’s advocacy for paid sick leave, lack of access to which disproportionally affects low-paid essential workers
  • City Council authorized the receipt of up to $4,000,000 in funds from Toronto Council Fire Native Cultural Centre for use towards the Nathan Phillips Square Indian Residential School Survivors Restoration of Identity Project