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June 1, 2011
Toronto business leaders present economic growth ideas to the Economic Development Committee
A report by a panel of Toronto business and labour leaders presents the City of Toronto with broad recommendations for streamlining government, stimulating Toronto's economy and creating jobs.

The findings and recommendations of the Toronto Prosperity Initiative will be presented to the Economic Development Committee by Blake C. Goldring on behalf of business leaders participating in the Initiative. Mr. Goldring (M.S.M., CFA) is Chairman and Chief Executive Officer of AGF Management Ltd., one of Canada's largest independent investment management firms.

Date: Thursday, June 2
Time: 10:10 a.m.
Location: Committee Room 1, Toronto City Hall, 100 Queen St. W.

The Toronto Prosperity Initiative was established by Councillor Michael Thompson (Ward 37 Scarborough Centre), the Chair of the City's Economic Development Committee. To launch the initiative, Councillor Thompson invited Mr. Goldring to assemble and chair an advisory committee to bring forward ideas that will help Toronto realize its economic potential.

Mr. Goldring brought together 16 executives representing a cross section of the city's economic sectors. These leaders have identified 12 pragmatic action areas that address the efficiency of City operations and improve Toronto's business and cultural climate. Most can be implemented quickly with current City resources.

The Initiative's full report, "Toronto Prosperity Initiative: Establishing the Path to Growth" is available at

Toronto is Canada's largest city and sixth largest government, and home to a diverse population of about 2.6 million people. Toronto's government is dedicated to delivering customer service excellence, creating a transparent and accountable government, reducing the size and cost of government and building a transportation city. For information on non-emergency City services and programs, Toronto residents, businesses and visitors can dial 311, 24 hours a day, 7 days a week.

Media Contact
Shane Gerard
Senior Communications Coordinator

Ihor Wons
Executive Assistant to Councillor Michael Thompson



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