Meeting Agenda - Finance, Audit and Risk Management Committee - June 4, 2026

Meeting Agenda


Finance, Audit and Risk Management (FARM) Committee
Thursday, June 4, 2026 from 9:00 am - 11:30 am

 

Open Session Agenda 

 

  • Land Acknowledgement; K. Sullivan (Information)
  • Motion to Approve Meeting Agenda; All (Approval)
  • Declaration of Conflicts of Interest; All (Declaration)
  • Consent Agenda:
    • Draft Minutes of the Open Session February 26, 2026 FARM Committee Meeting; All (Approval)
  • Information Items:
    • Highlights of Key Messages; All (Information) 
    • Q4 2025/26 Macro Dashboard (Corporate & Project Reporting); L. Taylor (Information) 
  • Corporate Reporting: 
    • Enterprise Risk Management; L. Taylor/M. Santos (Information)
    • Audit; L. Taylor/M. Santos  (Information)
    • Liquidity / Cash Flow Forecast; L. Taylor (Information)
  • Capital Projects: 
    • Port Lands Program Summary Dashboard
    • Port Lands Flood Protection Dashboard; J. Gombos (Information)
    • Parks Finishes Dashboard; J. Gombos (Information) 
    • Lake Shore Boulevard East Dashboard; J. Gombos (Information) 
    • Quayside Infrastructure Dashboard; K. Greene (Information) 
    • Keating Channel Pedestrian Bridge Dashboard; K. Greene/U. Aparicio (Information)
    • Broadview Eastern Flood Protection Dashboard; K. Greene/D. Forbes (Information)
    • Ookwemin Minising Dashboard; K. Greene/N. Menon (Information) 
  • Procurement:
    • Quarterly Procurement Report; M. Boboc (Information)
    • Procurement Policy Update; M. Boboc (Information)  
  • Regulatory and Operational Compliance Report; L. Taylor/K. Greene /I. Ness (Information)
  • Delegations of Authority; L. Taylor (Approval)
  • Year-End Financial Statements, March 31, 2026; S. Chandane (Approval)
  • Integrated Toronto Waterfront Enabling Infrastructure (TWEI); K. Greene (Information)
  • 2025/26 External Audit Results Report; BDP Canada LLP (Approval)
  • Capital Project Execution & Delivery Internal Audit Scope; KPMG LLP (Information)
  • Annual Insurance Program Review; L. Taylor/I. Ness (Information)
  • Motion to go into Closed Session; All (Approval)
     

 

Closed Session Agenda 

 

The Committee will discuss the matters outlined in Items 12 through 17 being the Annual Insurance Program Review (continuation), consideration of the Draft Minutes of the Closed Session of the February 26, 2026 FARM Meeting, Integrated Toronto Waterfront Enabling Infrastructure (TWEI) Update, Financial Sustainability Review, 2025/26 Integrated Annual Report and WERTL Construction Readiness & Early Works in a Closed Session as permitted by By-Law No. 2 of the Corporation.  The exception relied for the discussion for item 13(a) is provided in the minutes of the Open Session February 26, 2026 FARM meeting contained in item 4 (a) of this agenda, for item 12 is Section 6.1.1(a), for item 14 is Section 6.1.1(l), for item 15 is 6.1.1(k), for item 16 is Section 6.1.1(k), for item 17 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 discuss and 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)

 

Next Meeting:   Thursday, September 24, 2026