Finance, Audit and Risk Management Committee Meeting - June 6, 2024
Meeting Agenda
Finance, Audit and Risk Management (FARM) Committee
June 6, 2024, 9:00 am - 11:30 am
Open Session Agenda
- Land Acknowledgement; K. Sullivan (Information)
- Motion to Approve Meeting Agenda; K. Sullivan (Approval)
- Declaration of Conflicts of Interest; K. Sullivan (Declaration)
- Highlights of Key Messages; All (Information)
- Draft Minutes of the Open Session February 22, 2024 FARM Committee Meeting; All (Approval)
- Q4 2023/24 Macro Dashboard (Corporate & Project Reporting); Lisa Taylor (Information)
- Enterprise Risk Management; L. Taylor/M. Santos (Information)
- Audit; L. Taylor/M. Santos (Information)
- Liquidity / Cash Flow Forecast; Lisa Taylor (Information)
- Port Lands Flood Protection (PLFP) Dashboard; D. Kusturin (Information)
- Port Lands Parks Finishes Dashboard; D. Kusturin (Information)
- Lake Shore Boulevard East (LSBE) Dashboard; D. Kusturin (Information)
- Quayside Infrastructure Dashboard; K. Greene (Information)
- Quarterly Procurement Report; M. Boboc (Information)
- Procurement Policy Update; M. Boboc (Information)
- Regulatory and Operational Compliance Report; D. Kusturin/I. Ness/L. Taylor (Information)
- Environmental, Social, and Governance (ESG) Update; L. Taylor (Information)
- Year-End Financial Statements March 31, 2024; L. Taylor/S. Chandane (Approval)
- 2023/24 External Audit Results Report; BDO Canada LLP (Information)
- Port Lands Flood Protection (PLFP) Project Update; D. Kusturin (Information)
- Semi-Annual PLFP Cost Estimate Update and Risk Quantification; D. Kusturin (Information)
- PLFP Report of the Independent Capital Monitor; BTY Consulting Group Inc. (Information)
- Broadview Eastern Flood Protection Supplemental Capital Approval; D. Kusturin/D. Forbes (Approval)
- Broadview Eastern Flood Protection Supplemental Capital Approval; D. Kusturin/D. Forbes (Approval)
Annual Insurance Program Review; L. Taylor/I. Ness (Information) - Motion to go into Closed Session; All (Approval)
Closed Session Agenda
The Committee will discuss items 11 through 17 and 21 being the Annual Insurance Program Review (continuation), consideration of the draft minutes of the Closed Session of the February 22, 2024 FARM meeting, Integrated Annual Report 2023/24, Cybersecurity Update, Fundraising Strategy Update, Quayside Budget Update and Capital Approval, Business Case and Tri-Government Engagement and Directors Only, in a Closed Session as permitted by By-Law No.2 of the Corporation. The exception relied upon for the discussion for items 11 and 14 is Section 6.1.1(a), for item 12 is provided in the minutes of the Open Session February 22, 2024 FARM Committee meeting under item 4(b) of this agenda, for items 13, 15, 16(b) & 17 is Section 6.1.1(k) and for item 21 is Section 6.1.1(b) of By-Law No. 2. The Committee will continue in Open Session at the end of the Closed Session to vote on any resolutions pertaining to the Closed Session.
- Motion to go into Open Session; All (Approval)
Open Session Agenda
- Resolution(s) Arising from the Closed Session; All (Approval)
- Motion to Terminate the Meeting; All (Approval)