Yonge-Dundas Square (YDS) accommodates approximately 240 events each year including third-party and self-programmed events. These events encourage economic and cultural activities by showcasing businesses and drawing residents and tourists to the area. Consistent with previous years, 28 days are set aside for the public to enjoy the square as a piazza. Yonge-Dundas Square provides Public Square and Event Venue services.

Download the Budget Analyst Notes for Yonge-Dundas Square for detailed information on service levels, key initiatives, challenges and performance measures. You can also review budget highlights below.

Yonge-Dundas Square responsibly manages the Yonge-Dundas Square and enhance the vitality of downtown Toronto, to launch, promote, and operate the square as a unique public space borne from the passion of its community and the energy of commercial participation, so as to develop a positive perception by the way of its activities, security and cleanliness.

Download the Yonge-Dundas Square Program Map.

Operating Budget

The total cost to deliver these services to Toronto residents is $3.4 million gross.

Highlights

  • 0% Budget increase over the 2018 Approved Net Operating Budget to maintain existing service levels, meet additional service demands, and maintain a self-sustaining business model with a $0 net budget.
  • 2020/2021 Increases primarily for known inflationary adjustments for salaries, benefits and contracts.

Key Challenges

  • Maintain affordability for community groups who use Yonge-Dundas Square.
  • Maintain a busy event schedule to assist the surrounding vicinity with ongoing events and activations.
  • Address safety/security concerns on the site and mitigating potential threats to the venue.
  • Work with neighbourhood agencies, businesses and groups to address community concerns related to the opioid crisis and related issues.

Priority Actions

  • Increase outreach to a variety of potential clients regarding new digital capabilities.
  • Review business plan and user policies for any potential savings that could be achieved to mitigate user costs for community groups.
  • Create a Yonge-Dundas Square Reserve Fund where YDS will make a contribution of $0.050 million in the 2019 Staff Recommended Operating Budget and this reserve fund will fund YDS capital projects and any operating budget shortfalls.
  • Increase facility use in general without compromising the balance of users (community / private sector).

Capital Budget and Plan

The 10-year Capital Plan is $0.5 million to fund critical to the safety of users of Yonge-Dundas Square and in maintain the facility in a state of good repair.

Highlights – 1 Year

  • $0.050M Begin new Health and Safety project to replace portable barriers on the stage with permanent removable Plinth Safety Guards railings.

Highlights – 10 Years

  • $0.100M Health & Safety project to replace portable barriers.
  • $0.400M State of Good Repair estimated future costs of maintaining the SOGR as there is no SOGR work needed in 2019 and 2020 based on the facility audit conducted in 2014.

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.