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February 24, 2009
City approves new boards of directors for Build Toronto/Invest Toronto
Toronto has taken the next step in its plans to enhance Toronto’s economic competitiveness. The new Boards of Directors for Build Toronto and Invest Toronto, proposed by the Mayor’s Nomination Panel, were confirmed today by Toronto City Council. This new model was recommended in both the Blueprint for Fiscal Stability and Economic Prosperity and the Agenda for Prosperity.

“I am pleased to welcome these highly qualified and dedicated citizens to the boards of Build Toronto and Invest Toronto,” said Mayor David Miller. “Especially in these challenging economic times, it is imperative that we better utilize the City’s extensive real estate holdings and more effectively promote our City both at home and abroad so that we can retain and attract high quality jobs.”

“Build Toronto and Invest Toronto are set to thrive given the proven records of success, global connections and business acumen of the citizen board members,” said Councillor Kyle Rae, Chair of the Economic Development Committee (Ward 27 Toronto Centre-Rosedale). “Increasing Toronto’s economic competitiveness and improving quality of life for all residents is critical to Toronto’s long-term sustainability.”

Invest Toronto will engage the private sector in promoting Toronto as an investment opportunity through marketing, conducting trade missions and coordinating with other governments and business. Build Toronto will engage private and public sector partners in the development of underutilized City real estate to unlock the value of those properties, stimulate the creation of desirable jobs and regenerate neighbourhoods.

Through maximizing the development potential of real estate assets, it is estimated that Build Toronto can generate significant employment and new revenue for the City. Through enhanced foreign investment marketing efforts, it is anticipated that Invest Toronto will attract hundreds of new jobs and substantial new commercial development.

The majority of members of the boards of both Build Toronto and Invest Toronto are comprised of private citizens. To ensure that the City’s public policy interests are achieved, the Mayor will chair the boards of both corporations and the Chair of the Economic Development Committee of City Council and the General Manager of the City’s Economic Development, Culture and Tourism Division will also serve as members. In the case of Build Toronto, the City’s Chief Corporate Officer will be a member as well.

Toronto is Canada’s largest city and sixth largest government, and home to a diverse population of about 2.6 million people. It is the economic engine of Canada and one of the greenest and most creative cities in North America. In the past three years, Toronto has won numerous awards for quality, innovation and efficiency in delivering public services. Toronto’s government is dedicated to prosperity, opportunity and liveability for all its residents.

Media contacts:
Stuart Green, Office of Mayor Miller, 416-338-7119,
Councillor Kyle Rae, Chair of the Economic Development Committee, 416-392-7903


February 23, 2009

Build Toronto Board of Directors

The Board of Directors of Build Toronto is comprised of 12 members as follows:

Mayor David Miller, Chair
Councillor Kyle Rae, Chair of Council’s Economic Development Committee
Mike Williams, General Manager, Economic Development, Culture and Tourism
Bruce Bowes, City of Toronto, Chief Corporate Officer

Blake Hutcheson (Vice-Chair)
Head of Global Real Estate Investing, Mount Kellett
Former Chairman and President, CB Richard Ellis Canada and Latin America
Board Member, CB Richard Ellis Canada
Chair, Mayor’s Fiscal Advisory Committee
Director, Algoma Central Corporation

David Barry
Executive Vice President, Investment Management, and Member, Executive and Pension Committees, Bentall LP
Volunteer Head Coach, Leaside Wildcats Girls Hockey Association

Paul Finkbeiner
President, GWL Realty Advisors Inc.
Former Senior Vice-President, Asset Management, Trizec Corporation Limited
Advisory Board Member, Habitat for Humanity, Toronto
YPO Member
Former Director, REALpac

Jon Love
Managing Partner and Co-Founder, KingSett Capital
Former Chief Executive Officer, Oxford Properties Group
Member, YPO (Alumni)
Member, Canadian Council of Chief Executives

Ucal Powell
Chairman, Employee Bargain Agency, Carpenters’ District Council of Ontario
Trustee, Carpenters’ Local 27 Health & Welfare and Pension Fund
Board Member, Humber River Regional Hospital Foundation
Former Member, Provincial Advisory Committee for General Carpentry and the Provincial Advisory Committee of Apprenticeship Training for Resilient Flooring
Founding Member, Bursary Program, 31 Division Community Policy Liaison Committee

Brigitte Shim
Partner, Shim-Sutcliffe Architects Inc.
Associate Professor, Faculty of Architecture, Landscape and Design, University of Toronto
Winner, Governor General’s Medal for Excellence in Architecture – 2004, 2002, 1999, 1997
2008 Visiting Professor of Architectural Design, School of Architecture, Yale University
Jury Member, 2007 10th Cycle Aga Khan Award for Architecture
Jury Chair, Central Waterfront Design Competition, 2006
2002 Visiting Professor, Ecole Polytechnique Federale de Lausanne, Switzerland

Ken Silver
Senior Vice-President, Real Estate and Strategy, Canadian Tire Corporation, Limited, and President, Canadian Tire Real Estate Limited
Board Member and Past President, Eva’s Initiatives
Committee Member, Partnership to Advance Youth Employment
Former volunteer with Toronto Children’s Breakfast Club

Stuart Lazier
Former Partner, KingSett Capital
Former President of O & Y Enterprise
Former National Managing Partner, Enterprise Property Group
Former Chair and Board Member, Covenant House
Vice Chair, Upper Canada College
Former Real Estate Chair, United Way

Media contacts:
Stuart Green, Office of Mayor Miller, 416-338-7119
Councillor Kyle Rae, Chair of the Economic Development Committee, 416-392-7903



February 23, 2009

Invest Toronto Board of Directors

The Board of Directors of Invest Toronto is comprised of 15 members as follows:

Mayor David Miller, Chair
Councillor Kyle Rae, Chair of Council’s Economic Development Committee
Mike Williams, General Manager of Economic Development, Culture and Tourism

Citizen Board Members:

Ann Buller (Vice-Chair)
President and CEO, Centennial College
Director, Toronto Board of Trade
Director, Ontario College Application Services
Director, Association of Canadian Community Colleges
Member, DiverseCity Steering Committee
Committee Member, Helping Youth Pursue Education
Member, Advisory Council, Intelligent Community Initiatives, Waterfront Revitalization Corporation

Alan Broadbent
Chairman and CEO, Avana Capital Corporation
Chairman and CEO, The Maytree Foundation
Chairman, Ideas That Matter
Chairman, Diaspora Dialogues Society
Chairman and Co-Founder, Institute on Municipal Finance and Governance
Member, Governors’ Council, Toronto Public Library Foundation

Craig Brown
Partner and Chair, Emerging Global Business Group (Private Equity), Fasken Martineau DuMoulin LLP
Co-leader, Fasken Martineau’s India team and Ontario Regional Representative on China Team
Board Member, Outward Bound Canada 2002 - 2006
Founding Member, Street Kids International, and Board member 1989 - 1994

Alexandra Dagg
Executive Vice-President and Canadian Co-Director on UNITE HERE
Former Member, Advisory Committee, Scadding Court Community Centre Investing in Diversity Award

Nick Di Donato
President and CEO, Liberty Entertainment Group
Member, Board of Champions, Toronto Museum Project
Member, Mayor’s Economic Competitiveness Advisory Committee
Director, Children’s Charity Board of Variety Village
Director, Tourism Toronto
Member, Development Council, Hospital for Sick Children Foundation

Aleem Kanji
Manager, Public Affairs, Greater Toronto Airports Authority
Former Policy and Public Affairs Lead, Toronto Board of Trade
Former Senior Economist, Ontario Ministry of Economic Development and Trade

Peggy Nash
Senior Negotiator and Assistant to the President, Canadian Auto Workers Union
Member, Canadian Labour Congress Executive Committee and Council
Former Member, United Way Campaign Cabinet
Founding Board Member, Equal Voice
Former Member of Parliament
International Election Observer, South Africa (1994) and Ukraine (2004 and 2007)

C. David Naylor
President, University of Toronto
Professor, Department of Medicine, University of Toronto
Member, Commission on Education for Global Health Leadership
Member, Mayor’s Economic Advisory Committee
Former Dean, Faculty of Medicine, University of Toronto
Former Ex Officio Member, Expert Panel on Infectious Disease Control, Ministry of Health and Long-Term Care

Corrado Paina
Executive Director, Italian Chamber of Commerce of Toronto
Vice-President, European Union Chamber of Commerce in Toronto
Member, Steering Committee, Toronto Forum for Global Cities
Member, Working Committee, Partnership to Advance Youth Employment
Member, Working Committee, Toronto’s EXPO 2015 Bid

Hari Panday
President, Wealth Management, North America, and President and CEO, ICICI Wealth Management Inc.
Former President and CEO, ICICI Bank Canada
Member, Board, Harbourfront Centre
Trustee, Royal Ontario Museum
Governor, Roy Thomson Hall/Massey Hall

Geoffrey Reeves
Vice Chair, Board Member, and Managing Director, Fixed Income and Currencies, CIBC World Markets
Member, Investment Banking and Fixed Income and Currency Management Committees, CIBC World Markets
Former Chair and Board Member, Canissue Inc.
Former Head, Debt Capital Markets, CIBC
Fundraising Co-Chair, Greenwood College School

Mark Surman
Executive Director, Mozilla Foundation
Former Open Philanthropy Fellow, Shuttleworth Foundation
Former Managing Director,
Former President, The Commons Group

Media contacts:
Stuart Green, Office of Mayor Miller, 416-338-7119
Councillor Kyle Rae, Chair of the Economic Development Committee, 416-392-7903



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