Toronto, Ontario, Canada Innovations Systems Research Network (ISRN) April 30 2008
Agenda Context/Process Key Messages Background Data Strategic Directions Engagement Strategy
Mandate Context: Advisory Committee To advise the Mayor and Council on improving the quality of life in Toronto through economic growth. Participants Composed of 30 members, including the Mayor, four Councillors and 25 senior executive representatives from business, labour and education.
Process: Evidence Report GDP of Toronto and region Jobs by place of work (by sector and change over time) Labour force detail (occupation, age, education etc.) Population (growth and immigration detail) Quality of life rankings Transportation (commuting and modal splits) Real estate (commercial and industrial availability, costs) Business climate (tax rates and fiscal situation) Cluster competitiveness Tourism statistics Forecasts
Starting Point: The Message Positive: We are on a positive path and poised for future success. Time limited: We have an opportunity to take advantage of our unique position in the world & make the most of our assets.. Or not
Starting Point: The Message Calls for Renewed focus on Economic Competitiveness @ City as a whole Provides a platform for collaboration and partnerships with other governments, other stakeholders Success Measures = Tracking/reporting of performance
Starting Point: The Facts 350 300 250 200 150 100 50 0 Phoenix Toronto CMA Regional Job Growth 2000-2006 Source: Canada Labour Force Survey, U.S. Bureau of Labor Statistics Current Employment Survey Washington Riverside Miami Houston Los Angeles Tampa Atlanta San Diego Sacramento Dallas City of Toronto Philadelphia New York
Starting Point: The Facts 109 108 107 106 105 104 103 Index 2007 Quality of Living Comparison Source: Mercer Human Resource Consulting ZURICH GENEVA VANCOUVER VIENNA AUCKLAND DUSSELDORF FRANKFURT MUNICH BERN SYDNEY COPENHAGEN WELLINGTON AMSTERDAM BRUSSELS TORONTO BERLIN MELBOURNE LUXEMBOURG OTTAWA STOCKHOLM
Starting Point: The Facts 90 80 70 60 50 40 30 20 10 0 London New York Tokyo Chicago MasterCard World Wide Centres of Commerce Survey 2007 Hong Kong Singapore Frankfurt Paris Seoul Los Angeles Amsterdam Toronto Boston Sydney Copenhagen
Starting Point: The Facts 1. Sydney 2. London 3. Paris 4. Rome 5. New York 6. Washington DC 7. San Francisco 8. Melbourne 9. Barcelona 10. Geneva 11. Amsterdam 12. Madrid 13. Montreal 14. Toronto 15. Los Angeles 16. Vancouver 17. Berlin 18. Brussels 19. Milan 20. Copenhagen 21. Munich 22. Tokyo 23. Boston 24. Los Vegas 25. Seattle 26. Stockholm 27. Chicago 28. Atlanta 29. Dublin 30. Edinburgh How the World Views Its Cities Source: Anholt City Brands Index 2006
Starting Point: The Facts 0 10 20 30 40 50 60 70 Miami Toronto Vancouver Los Angeles San Francisco New York City Montreal Houston San Diego Boston Dallas Chicago Calgary Selected North American Cities, Percentage Foreign Born, 2001 Source: StatsCan 2001 Census and U.S. Census 2000
Starting Point: The Facts Arabic Greek German Tamil Tagalog (Pilipino) Punjabi Spanish Chinese Italian Portuguese Polish Chinese Italian Portuguese Polish Spanish Punjabi Tagalog (Pilipino) Tamil German Greek Arabic Vietnamese Persian (Farsi) Ukrainian Korean Gujarati Urdu Hungarian Russian Croatian Dutch Macedonian Hindi Serbian Romanian Armenian Yiddish Japanese Hebrew Czech Slovenian Bengali Estonian Serbo-Croatian Finnish Maltese Population by Mother Tongue Source: StatsCan Census 2001
Starting Point: The Facts 150,000 100,000 50,000 0 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06-50,000-100,000 NET INTERNATIONAL MIGRATION NET INTERPROVINCIAL MIGRATION NET INTERCITY MIGRATION NATURAL INCREASE Population Change Components City of Toronto 1987-2006 Source: Statistics Canada Inter-Censal Population Estimates
Starting Point: The Facts 45 40 35 30 % 25 20 15 10 5 0 20-24 25-34 35-44 45-54 55-64 65+ City of Toronto Toronto CMA Ontario Canada University Graduates by Age Cohort, 2006 Source: Statistics Canada Labour Force Survey
North American Location Quotient Starting Point: The Facts 3 COMPUTER SYSTEMS DESIGN 2 FINANCE & INSURANCE OTHER PROF SERVICES MANUFACTURING INFORMATION & CULTURE REAL ESTATE TRANSP & WAREHOUSING ADMINISTRATIVE & SUPPORT 1 OTHER COMMERICAL SERVICES WHOLESALE AND RETAIL TRADE PUBLIC ADMIN AND DEFENCE PRIMARY & UTILITIES ACCOMMODATION & FOOD HEALTH EDUCATION CONSTRUCTION 0 ARTS & ENTERTAINMENT -0.05-0.03-0.01 0.01 0.03 0.05 0.07 0.09 0.11 Toronto CMA Jobs by Sector, 2006 Annual Compound Growth (1996-2006) Source: City of Toronto Econometric Model
Starting Point: The Facts 1.80 1.60 1.40 1.20 1.00 0.80 0.60 0.40 0.20 Financial Services Location Quotients 0.00 Toronto CMA Dallas-Fort Worth Chicago Boston New York Detroit\ Philadelphia Phoenix Washington Atlanta Los Angeles 2.00 1.80 1.60 Creative Industry Location Quotients Source: U.S. Bureau of Labor Statistics Current Population Survey ; StatsCan Labour Force Survey 1.40 1.20 1.00 0.80 0.60 0.40 0.20 0.00 Los Angeles San Francisco Washington Toronto CMA New York Boston Miami Philadelphia Atlanta Dallas Chicago
Prosperity is everybody s business 800 Thousands of Jobs 700 600 500 400 300 200 100 0-100 City of Toronto "905" Area -200 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Comparison of Total Job Growth City of Toronto / 905 Region Source: City of Toronto Econometric Model ver.5
Prosperity is everybody s business 300 250 200 150 100 50 0-50 -100-150 No. of Jobs Population -200 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Comparison of City of Toronto Jobs and Population Growth Source: City of Toronto Econometric Model ver. 5
Prosperity is everybody s business TTC Moving Annual Total (Millions) 470 Total Employment 1400000 450 430 410 390 370 Total Employment TTC Ridership 1350000 1300000 1250000 1200000 1150000 1100000 350 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 1050000 Total Employment and TTC Ridership, City of Toronto 1990-2006 Source: Labour Force Survey and TTC
Prosperity is everybody s business 500,000 SF Office Building: Location Comparison Annual Impact Downtown Suburban Transit Trips 634,800 57,363 Auto Use (km) 3,259,300 11,153,700 Fuel Use (l.) 291,025 995,925 Emissions (kg.) 940,800 3,219,500 Source: City of Toronto Economic Development
Prosperity is everybody s business 80 70 60 50 40 30 20 10 0 Seattle Million of Tonnes Copenhagen Barcelona San Francisco Paris Cape Town Berlin Chicago Comparison of Carbon Footprint Source: The Climate Group: Low Carbon Leader: Cities Report Mexico City Toronto London Melbourne Beijin Tokyo New York City
Prosperity is everybody s business City of Toronto Priority Neighbourhoods Source: City of Toronto
Prosperity is everybody s business Ontario Trade Partners by Percentage of Total Exports United States 86.5% UK 3.2% Rest of EU 2.9% China 0.82% Brazil 0.16% India 0.12% Source: Statistics Canada 2006
Prosperity is everybody s business More than half of Canada s population lives in the country s 10 largest metropolitan areas. 2007, 10 largest metropolitan areas generated more than 50% of Canada s GDP Toronto alone accounts for ~ 10% of Canada s GDP; equivalent contribution to New York, Chicago, Boston & San Francisco combined to U.S. GDP
Prosperity is everybody s business 500 450 400 350 300 250 200 150 100 50 0 Ontario Quebec Alberta British Columbia Major City 2nd City Rest of Province Manitoba Saskatchewan Nova Scotia New Brunswick Newfoundland Prince Edward Island GDP by Province and Major Cities (1997 $Billion) Source: Conference Board of Canada Metropolitan Outlook
Prosperity is everybody s business Change in Government Revenues Federal / Provincial / City Source: City of Toronto, Government of Ontario, Government of Canada
Implementing the Agenda Pillar 1: Proactive - Business Climate Toronto Value Proposition: Customer Service & Cost Pillar 2: Global - Internationalization Connections & Outreach Pillar 3: Creative - Productivity & Growth Sectors + Creative, Green, Education Pillar 4: One Toronto - Opportunity & Inclusion Labour force activation
Implementing the Agenda Strategic Directions Facilitate Grow Green Internationalize Create value Activate Transport Promote
Implementing the Agenda Facilitate Grow Green Internationalize Create value Activate Transport Promote City led: Leadership & Organization Investment in Economic Development Proactive Policy Development Partner led Cluster Development & Expansion Global Outreach & New Market Dev. Labour Force Development Together Advocacy Marketing
Implementing the Agenda Opportunities for Collaboration Team Toronto/Ontario/Canada Tax and land-use policy Sector development Creative capital Productive infrastructure OECD Metropolitan Review
Implementing the Agenda If We Get It Right Rising tax base with lower taxes Employment and income for citizens & choice of jobs Resources for social and environmental programs Managed growth and investment Increased global connectivity. Strong & ongoing collaboration
Investing for Tomorrow Toronto has choices to make that will define its place in a globalized world A can do attitude means being creative, accepting risks and a willingness to do things differently and to do different things We can.
A Prospectus for a Great City
Starting Point: The Facts 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000 0 Toronto Montréal Vancouver Ottawa - Gatineau Calgary Edmonton Québec Winnipeg Hamilton London Kitchener St. Catharines - Niagara Halifax Oshawa Victoria Total Population of Census Metropolitan Areas, 2006