Economic Development & Culture Budget
Economic Development & Culture (EDC) advances Toronto’s prosperity, opportunity and liveability by fostering employment and investment opportunities, encouraging Toronto’s cultural vibrancy through more and enhanced cultural experiences, and by engaging partners in the planning and development of the City’s economic and cultural resources.
EDC delivers the following services:
- Business Services
- Entertainment Industries Services
- Arts Services
- Museum and Heritage Services
EDC has stewardship for over 200 public art installations, and 100 heritage buildings.
Download the Budget Analyst Notes for Economic Development & Culture for detailed information on service levels, key initiatives, challenges and performance measures. You can also review budget highlights below.
Economic Development & Culture is committed to making Toronto a place where business and culture thrive.
Download the Economic Development & Culture Program Map to better understand the services and activities EDC delivers on behalf of the City of Toronto.
The total cost to deliver these services to Toronto residents is $82.2 million gross and $69.7 million net.
- 0% Budget increase over the 2018 Approved Net Operating Budget to maintain existing service levels and meet additional service demands.
- $0.062M Savings through detailed reveiw of base expenditures and service efficiency due to transition to digital media.
- $2.648M New/enhanced funding to provide support for the development of Indian Residential School Survivors (IRSS) Legacy Structure, Toronto Special Events Investment Program and Distressed Retail Program, reinvestment from elimination of the Vacant Rebate Program.
- 2020/2021 Increases primarily for known inflationary adjustments for salaries, benefits and other expenditures, as well as operating impact of the Guild Revitalization. Staff will report back in the 2020 Budget process on potential scenarios for increasing Cultural spending to be more reflective of Canadian big city standards.
- Focus on job and culture development outside the core.
- Sponsorship attraction for all major City-run cultural events.
- Pressure to increase arts and culture support beyond $25/capita.
- Distressed retail/industrial areas and programming design.
- Expansion of Toronto’s share of international travel and leisure.
- FIFA 2026.
- Rationalization of collections, care, conservation and display of hundreds of thousands of large and significant collection of historic objects, artifacts and art.
- Generate additional revenues by leveraging Toronto’s museums and heritage sites, including programming.
- Planning for Museum of Toronto at Old City Hall.
- Complete equity plan for EDC programs and services.
- Enhance Toronto’s global profile by leveraging international partnerships and encouraging export readiness.
- Recommend investment of $1.647 million to design programs and initiatives to stimulate economic growth in distressed areas.
- Improve equity in distribution of funding through such efforts as the creation of the Indigenous Culture Program and Nuit Blanche’s move to Scarborough.
- Develop a Technology Workforce Strategy with TESS, focussing on development, attraction and retention.
- Partner with Real Estate Services on the planning and design of the Museum of Toronto at Old City Hall pending CIty Council decision.
- Invest $119 million over 10 years to restore/preserve heritage elements, including museums, historical sites, as well as outdoor public art included in the Staff Recommended 10-Year Capital Plan.
Capital Budget and Plan
The 10-year Capital Plan is $174.9 million to strategically invest in the City’s cultural resources, business infrastructure and IT enablement.
Highlights – 1 Year
- $3.364M Continue capital improvement to the future space for the Indigenous Centre for Innovation and Entrepreneurship.
- $3.434M Complete streetscape improvements for the BIA Equal Share Funding project.
- $2.350M Continue cultural infrastructure development including the Guild Revitalization project.
- $1.953M Restore and preserve heritage properties as well as maintenance of outdoor public art.
- $1.500M Invest in IT infrastructure to all museum and heritage sites and enhance digital service delivery solutions.
Highlights – 10 Years
- $117.163M State of Good Repair projects for major maintenance at cultural properties such as the Theatre Passe Muraille, Berkley Theatre and Assembly Hall, streetscape improvements for the BIAs and restoration of heritage elements at museum and historical sites such as Fort York, Montgomery’s Inn and Spadina Museum.
- $31.989M Service Improvement projects to revitalize and rehabilitate the Guild Inn, Fort York, as well as continuing the commercial facade improvement program.
- $20.570M Health and Safety projects to restore and preserve the Casa Loma exterior elements and structural repairs for the Colborne Lodge Gallery.
- $5.079M Legislated projects to address outstanding AODA compliance at various sites including the Theatre Passe Muraille and Alumnae Theatre.
Find more information on specific City issues, opportunities and challenges in the briefing notes and reports prepared by City staff. Documents will be posted as they become available
Presentations made to committee and City Council provide an overview of the 2019 City budget. Documents will be posted as they become available.