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Economic Development Committee


Meeting No. 22   Contact Merle MacDonald, Committee Administrator
Meeting Date Wednesday, May 13, 2009
  Phone 416-392-7340
Start Time 9:30 AM
  E-mail edc@toronto.ca
Location Committee Room 1, City Hall
  Chair   Councillor Kyle Rae  


The Decision Document is for preliminary reference purposes only.  Please refer to the Committee's Report to City Council or to the Minutes for the official record.

 

How to Read the Decision Document:

  • Recommendations of the Committee to City Council appear after the item heading.
  • Other action taken by the Committee on its own authority, which does not require Council’s approval, is listed in the decision document under the heading “Decision Advice and Other Information”.
  • Declarations of Interest, if any, appear at the end of an item.

 

  Minutes Confirmed – Meetings of April 22, 2009 and April 23, 2009


ED22.1 

ACTION

Received 

 

Ward: All 

Response to the Current Economic Challenges
Decision Advice and Other Information

The Economic Development Committee:

 

1.         thanked Greg Clark and Professor Richard Florida for their presentations and received the item for information;

 

2.         requested the General Manager of Economic Development, Culture and Tourism to report to the Committee as soon as possible on the creative stimulus suggested; and

 

3.         requested the General Manager of Economic Development, Culture and Tourism to organize a Service Sector Summit with the unions, universities and corporations, to emphasize the importance of the service sector in stimulating the economy. 

Summary

The Economic Development Committee is holding a special meeting to which all Members of Council and the public are encouraged to attend, to brainstorm and develop strategies to improve Toronto’s economic advantage and minimize the economic impact of the current recession.

 

Guest Speakers:

 

Greg Clark – Videotape presentation (20 minutes)

 

Professor Richard Florida – 11:00 a.m.

 

 

Background Information
Presentation - Mike Williams, General Manager, Economic Development, Culture and Tourism and Video Presentation by Greg Clark - Responding to the Economic Crisis for Short and Long Term Success
(http://www.toronto.ca/legdocs/mmis/2009/ed/bgrd/backgroundfile-21177.pdf)


Meeting Sessions
Session Date Session Type Start Time End Time Public or Closed Session
2009-05-13 Morning 9:40 AM 12:00 PM Public
Attendance
Date and Time Quorum Members
2009-05-13
9:40 AM - 12:00 PM
(Public Session)
Present Present: Bussin, Grimes, Hall, Ootes, Rae
Not Present: Ashton
Also present (non-members): Carroll, Lee, McConnell, Parker, Stintz, Thompson, Vaughan