Big City, Big Ideas: Why Creativity Is the New Economy
Rotman School of Management 95 St. George Street, Toronto, ON, CanadaDr. Richard Florida presents his insights into how creativity and the Creative Class are revolutionizing the global economy during a time of “Great Reset.” Looking toward the future, Florida identifies the patterns that will drive the next Great Reset and transform virtually every aspect of our lives-from how and where we live, to how we work, to how we invest in individuals and infrastructure, to how we shape our cities and regions.
London’s Crossrail: A Case Study in Transit Investment
George Ignatieff Theatre 15 Devonshire Place, Toronto, ON, CanadaThe Crossrail is a transformative transit investment that will traverse London. It was planned through a rigorous process that focused on supporting the region’s economic growth and reducing congestion by shifting travel patterns, connecting employment areas, and capturing the resulting increase in land values. How did they get there?
Canada as an Investment Safe Haven: Assessing the Implications for Municipal Credit
Munk School of Global Affairs and Public Policy, Room 108N 1 Devonshire Place, North House, Room 108N, Toronto, ON, CanadaIn recent years, we have seen a sharp increase in foreign demand for Canadian assets, including bonds issued by Canadian municipalities and provinces. IMFG Post-Doctoral Fellow Kyle Hanniman discusses the factors driving foreign investment in Canada's subnational bond market; the implications of these developments for municipal borrowing costs and credit spreads; and what, if anything, municipalities are doing to manage the risks and opportunities involved.
The Role of Local Governments in a Unitary Welfare State: The Case of Norway
Munk School of Global Affairs and Public Policy, Room 108N 1 Devonshire Place, North House, Room 108N, Toronto, ON, CanadaLars-Erik Borge presents a talk at IMFG entitled, The Role of Local Governments in a Unitary Welfare State: The Case of Norway. Borge is Professor of Economics at the Norwegian University of Science and Technology in Trondheim. Borge is a former IMFG visiting scholar.
Ensuring Toronto’s Fiscal Health While Investing for the Future
Campbell Conference Facility Munk School of Global Affairs and Public Policy, 1 Devonshire Place, Toronto, Ontario, CanadaIn the second annual Toronto City Manager's Address, City Manager Joe Pennachetti discusses the City's fiscal position and the strategic directions the City must weigh in building an economically vibrant, functional, and inclusive Toronto.
Local Special Purpose Bodies in Ontario: Explaining Two Centuries of Institutional Change in Education, Public Health, and Hydro
Munk School of Global Affairs and Public Policy, Room 108N 1 Devonshire Place, North House, Room 108N, Toronto, ON, CanadaThis presentation describes the structural history of school boards, boards of health, and hydro commissions in Ontario. The goal is to understand how and why these institutions have changed over the long term, focusing on how ideas, organized interests, and political opportunities can explain the long-term patterns, timing, and pace of institutional change.
Big City, Big Ideas: The Millennials in Cities
Innis Town Hall Innis College, 2 Sussex Avenue, University of Toronto, Toronto, ON, CanadaMillennials are changing the face of cities. Educated, diverse and tech-savvy, this highly urbanized generation of ‘teens to thirty-somethings’ is expressing a new set of values about how they want to live, work, and play. Yet, their influx into North America’s cities is also surfacing difficult questions about housing affordability, access to employment, gentrification, and race. As urban demographics and civic values shift, what will the implications be for North America’s cities?
The City and its People: Civic Engagement Strategies for Residents
Munk School of Global Affairs and Public Policy, Room 108N 1 Devonshire Place, North House, Room 108N, Toronto, ON, CanadaDiscussions about urban governance often overlook the role of city residents, concentrating instead on developers, politicians and municipalities. This presentation focuses on the case of a neighbourhood civic movement in Toronto and its residents’ strategies to influence local governance and development.
Mobilizing Private Investment in Affordable Housing: Lessons from the United States
Campbell Conference Facility Munk School of Global Affairs and Public Policy, 1 Devonshire Place, Toronto, Ontario, CanadaThe shortage of affordable housing is a major problem in Toronto. But little new affordable supply is being built, social housing units require major capital repairs, and provincial and federal finances are tight. In the United States, the private sector plays a greater role in building and rehabilitating affordable housing through tax credits and innovative financing and partnership models. Are there lessons for Ontario?
Borrowing Today for the City of Tomorrow? Municipal Debt and Alternative Financing Series
Campbell Conference Facility Munk School of Global Affairs and Public Policy, 1 Devonshire Place, Toronto, Ontario, CanadaA growing number of cities are turning to public-private partnerships (P3s) to finance their infrastructure investments. What are the advantages and disadvantages of P3s as a municipal financing model? How do they work? And what role do the federal and provincial governments play?