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We are committed to openness, transparency and accountability and these values are at the core of our promise to the people of Toronto, Ontario and Canada.


As a tri-government organization, we are fully accountable to the governments and people of Canada, Ontario and the City of Toronto. Our priorities are set jointly with our government partners and numerous checks and balances are in place to oversee our work.



approvals and oversight


Each government approves all its funding to Waterfront Toronto through detailed and binding contribution agreements. Funding for each project and in many cases phases of projects is administered through contribution agreements, as is corporate annual spending. Contribution agreements are based on an annual tri-government negotiated long-term funding plan, which is approved by Toronto City Council, the Ontario Minister of Infrastructure and the Federal Minister of Finance.



Since 2003, Waterfront Toronto has been the subject of at least 57 audits. We have used their findings to steadily strengthen and enhance our fiscal responsibility and accountability practices. Our audited financial statements are available on our website for the public to review. 

A Program Review conducted by the Government of Canada in 2014 found that revitalization projects have been successfully implemented and completed to deliver significant economic benefits. The City of Toronto completed a Strategic Review of our work in 2015. That report concluded: “[Waterfront Toronto] has generally delivered revitalization projects effectively, with due regard for economy and efficiency, and consistent with international best practice.” Read the City Manager’s full report.


planning approvals


Waterfront revitalization projects must go through several levels of approval. For instance, all land sales must be approved by the government that owns the land. The precinct plans that define and guide the design and construction of new neighbourhoods go through extensive public consultation and are approved by Toronto City Council. To date, three precinct plans for new waterfront neighbourhoods have received this approval: East Bayfront, West Don Lands and Keating Channel. All environmental assessments follow a strict process of public consultation and approvals, including, in the case of all Provincial Class Environmental Assessments, formal review and approval by the Ontario Ministry of the Environment and Climate Change.


public consultation and engagement


As a planning and development organization, much of our work is regulated under the municipal planning process. As a matter of course we carry out extensive public consultations and comply with municipal statutory requirements. 


Since 2006, we have held over 491 public and stakeholder meetings and more than 23,500 people have participated in our work through public and stakeholder consultation events.


additional information



Read a range of Waterfront Toronto policies.  More


accountability officer


Waterfront Toronto has an Accountability Officer to receive and investigate complaints of wrongdoing as defined in the Corporation’s Wrongdoing Policy. Read more here.


annual reports & financial statements 


Find the corporation's current and past past financial statements, annual reports and corporate plans.  More.

freedom of information policy


View the corporation's Freedom of Information Policy.

disclosure of board and senior management expenses


Visit this page for an archive of Waterfront Toronto's Board of Directors and Senior Management travel and hospitality expenses.


five-year strategic plan - 2021/22 - 2025/26

Read our Rolling Five-Year Strategic Plan 2021/22 - 2025/26 — a guiding document that explores past accomplishments, outlines the exciting work that is currently underway on the waterfront and sets the direction for the corporation over the next five years with a focus on 2021/22 — an inspiring mix of what we will accomplish and our aspirational goals. 

learn more

accountability officer

annual reports, financial statements and corporate plans

disclosure of board and management expenses


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