Canadian Update – Long Term Financial Planning in an Urban Growth Centre, Aligning Budgets with Strategy, and Challenges in Developing and Renewing Infrastructure

CPE Credits: 
Session Time: 
Monday, May 22, 2017 - 10:30am to 12:10pm
WeirFoulds, LLP
Associate Partner
Hemson Consulting Ltd
City Treasurer
City of Brantford, Ontario
Chief Financial Officer and City Treasurer
City of Vaughan
Field of Study: 

This year’s session focuses on three separate topics of direct interest to Canadians:

  1. Long term financial planning in an urban growth centre, the City of Vaughan plans to build a holistic approach to addressing long term financial sustainability using a combination of growth, infrastructure assets, and service level analysis.
  2. The City’s approach to drafting a multi-year budget that aligns organizational strategy with a fiscal framework.  This topic will walk through the progress made to date by the City of Vaughan to achieve this alignment, including the development of a new corporate strategy map and a conceptual budget framework.  The work to further refine the approach continues with the development of guiding principles and fiscal policies.
  3. Municipalities face many challenges in developing and renewing infrastructure.  How have Canadian municipalities responded to these challenges and what is the Infrastructure Ontario P3 Model that has been widely acclaimed throughout North America for developing infrastructure projects?  What role will the soon to be established Canada Infrastructure Bank play in Canadian infrastructure development?