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.

The Economic Development Committee heard a presentation from the following persons:

-           Michael H. Williams, General Manager, Economic Development and Culture

-           Nikki Holland, Vice President, Public Affairs, Invest Toronto

-           Andrew Weir, Vice President, Communications, Tourism Toronto

Presentation from representatives of the business and economic sectors on marketing Toronto during the G8 and G20 Summit.

The Economic Development Committee recommends that:

1.         City Council approve the allocations for the 2010 Competitiveness, Creativity and Collaboration Investment Program totalling $345,000 as per Attachment 2 of the report (June 9, 2010) from the General Manager, Economic Development and Culture, with $41,990 set aside for the appeals process.

2.         City Council authorize and direct the appropriate City officials to take the necessary action to give effect thereto.

The Economic Development Committee forwarded the report (June 9, 2010) from the General Manager, Economic Development and Culture to the Community Partnership and Investment Program (CPIP) Appeals Sub‑Committee for consideration on June 29, 2010, and report to City Council on July 6, 2010.

This report presents an evaluation of applications received for the Competitiveness, Creativity and Collaboration (CCC) Investment Program in 2010.  This program is funded through the Community Partnership and Investment Program (CPIP) and provides support to non-profit organizations for projects that meet economic development objectives.

Established by City Council in 2009, the Competitiveness, Creativity and Collaboration Investment Program is aligned with the "Agenda for Prosperity" to support collaborative initiatives that can grow to scale, generate increased economic activity, maintain and strengthen strategic industry sectors, create jobs and enhance Toronto’s image as a centre of creativity, innovation and collaboration.

Staff recommend that eight applicants receive Competitiveness, Creativity and Collaboration Investment grants for a total amount of $345,000, and that $41,990 be held for appeals.

The Economic Development Committee recommends that:

1.         City Council authorize the boundaries described in Attachment 1 of the report (June 8, 2010) from the General Manager, Economic Development and Culture, to be renamed to The Dupont Strip BIA.

2.         City Council amend Schedule A of the Municipal Code Chapter 19, Business Improvement Areas, to reflect the BIA name change to The Dupont Strip BIA.

The purpose of this report is to change the name of the Annex-Dupont Business Improvement Area (BIA) to The Dupont Strip BIA.

The Economic Development Committee recommends that:

1.         City Council designate the area described by Attachment 1 of the report (June 3, 2010) from the General Manager, Economic Development and Culture, as an expanded Business Improvement Area (BIA) under Chapter 19 of the City of Toronto Municipal Code.

2.         City Council authorize and direct the City Clerk to send out a notice of Council’s intention to expand the boundary of the Regal Heights Village Business Improvement Area (BIA) to include the area shown in Attachment 1 of the report (June 3, 2010) from the General Manager, Economic Development and Culture, in accordance with Chapter 19 of the City of Toronto Municipal Code.

3.         City Council request the Executive Director of Technical Services to prepare designation by-law maps of the area, as described by Attachment 1 of the report (June 3, 2010) from the General Manager, Economic Development and Culture, and submit them to the City Solicitor.

The purpose of this report is to recommend that the City Clerk conduct a poll to determine if there is sufficient support to expand the boundaries of the Regal Heights Village Business Improvement Area.

Upon the completion of the poll, the General Manager of Economic Development and Culture will report on the results to Council.  Subject to a positive poll result, staff shall prepare the necessary by-laws and bills to give effect thereto.