Finance, Audit and Risk Management Committee Meeting - November 21, 2024

Meeting Agenda

A meeting of the Finance, Audit and Risk Management (FARM) Committee held on November 21, 2024

Open Session Agenda

• Land Acknowledgement; K. Sullivan (Information)
• Motion to Approve Meeting Agenda; K. Sullivan (Approval)
• Declaration of Conflicts of Interest; K. Sullivan (Declaration)
• Draft Minutes of the Open Session September 19, 2024 FARM Committee Meeting; All (Approval)
• Highlights of Key Messages; All (Information)
• Q2 2024/25 Macro Dashboard (Corporate & Project Reporting); Lisa Taylor (Information)
• 2024/25 Corporate Plan Performance; L. Taylor (Information)
• Enterprise Risk Management; L. Taylor/M. Santos (Information)
• Audit; L. Taylor/M. Santos (Information)
• Liquidity / Cash Flow Forecast; Lisa Taylor (Information)
• Q2 Interim Financial Statements September 30, 2024; L. Taylor/S. Chandane (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)
• Regulatory and Operational Compliance Report; D. Kusturin/I. Ness/L. Taylor (Information)
• Environmental, Social, and Governance (ESG) Update; L. Taylor (Information)
• Port Lands Flood Protection (PLFP) Project Update; D. Kusturin (Information)
• Motion to go into Closed Session; All (Approval)

Closed Session Agenda

The Committee will discuss items 8 through 13 being consideration of the draft minutes of the Closed Session of the September 19, 2024 FARM meeting, Port Lands Flood Protection Project Update, Annual Business Plan 2025/26, Fundraising Strategy Update, Keating Channel Pedestrian Bridge Update 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 item 8 is provided in the minutes of the Open Session September 19, 2024 FARM Committee meeting under item 4 of this agenda, for items 9, 10, 11, 12 and 13 is Section 6.1.1(k) 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.

• Draft Minutes of the Closed Session September 19, 2024 FARM Meeting; All (Approval)
• PLFP Q3/2024 Construction Cost Forecast and Risk Update and Quantification; D. Kusturin (Information)
• PLFP Report of the Independent Capital Monitor; BTY Consulting Group Inc. (Information)
• Annual Business Plan 2025/26; L. Taylor (Approval)
• Fundraising Strategy Update; C. Glaisek (Information)
• Keating Channel Pedestrian Bridge; P. Mallozzi/D. Kusturin (Information)
• Directors Only Session; K. Sullivan
• 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)