Corporate History

City of Toronto, Build Toronto, Toronto development

In 2008, a blue-ribbon panel produced the Blueprint for Fiscal Stability and Economic Prosperity igniting new thinking around the City’s development strategy.

That blueprint led to the City Council adopted report, A New Model to Enhance Toronto’s Competitiveness, which recommended the transfer of City-owned land to a robust City-owned development corporation. The City of Toronto also developed a new and comprehensive economic development strategy called the Agenda for Prosperity.

These documents, along with the Protocol for Cooperation and the Shareholder Direction lay the foundation for Build Toronto which officially launched in May 2010.