Item - 2020.EC16.3
Tracking Status
- City Council adopted this item on October 27, 2020 without amendments and without debate.
- This item was considered by the Economic and Community Development Committee on October 14, 2020 and adopted without amendment. It will be considered by City Council on October 27, 2020.
EC16.3 - Improving the Imagination, Manufacturing, Innovation and Technology (IMIT) Local Employment Requirement - Extension of Pilot Program
- Decision Type:
- ACTION
- Status:
- Adopted on Consent
- Wards:
- All
City Council Decision
City Council on October 27, 28 and 30, 2020, adopted the following:
1. City Council direct the General Manager, Economic Development and Culture to extend the pilot program and report on the results of the new Local Employment Requirement of the Imagination, Manufacturing, Innovation and Technology program by the fourth quarter of 2022.
Background Information (Committee)
https://www.toronto.ca/legdocs/mmis/2020/ec/bgrd/backgroundfile-157074.pdf
EC16.3 - Improving the Imagination, Manufacturing, Innovation and Technology (IMIT) Local Employment Requirement - Extension of Pilot Program
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Committee Recommendations
The Economic and Community Development Committee recommends that:
1. City Council direct the General Manager, Economic Development and Culture, to extend the pilot program and report on the results of the new Local Employment Requirement of the Imagination, Manufacturing, Innovation and Technology (IMIT) program by the fourth quarter of 2022.
Origin
Summary
In June 2019, City Council directed the General Manager, Economic Development and Culture, to implement a points-based system to assist recipients of the Imagination, Manufacturing, Innovation and Technology (IMIT) incentive in meeting the Local Employment Requirement of the program. Council further directed staff to report back on the results of the first year of this pilot program by the fourth quarter of 2020 and, based on results, consider implementing changes on a permanent basis.
This report provides an update on steps taken to develop and apply the points-based system. It also explains how the COVID-19 pandemic has disrupted the implementation of these employment plans by IMIT recipients and their tenants, and the ability of staff to report on process and outcomes. The report recommends that City Council extend the timeline for staff to report back on the pilot program results.
By extending the trial period during which these results can be assessed, staff and Council will be in a better position to identify opportunities for further improvement.
Background Information
https://www.toronto.ca/legdocs/mmis/2020/ec/bgrd/backgroundfile-157074.pdf