Funds Contributed from Other Sources

View of ontario power station

Waterfront Toronto supplements the funding provided by the Government of Canada, the Province of Ontario, and the City of Toronto with additional revenue from property management, parking, land sales, monetization of future revenues, and interest on investment.

 In addition, we seek funding from other external sources for key projects. The following are examples of projects that have benefited from external funding.

Minimum Green Building Requirements and Carbon Tool - Ontario Power Authority

Waterfront Toronto received funding from Ontario Power Authority's (now called the Independent Electricity System Operator) Conservation Fund to update our Minimum Green Building Requirements (MGBR) and develop a Carbon Tool in 2011. The update to the MGBR was undertaken to reflect new priorities and continue to push the bar on sustainability with more stringent standards. The Carbon Tool identified strategies that helped to inform the MGBR update and provided us with a means to analyze the sustainability performance of our projects.

Pilot Soil Recycling Facility - Federation of Canadian Municipalities

Waterfront Toronto received funding from the Federation of Canadian Municipalities under their Green Municipal Fund towards a pilot soil recycling facility in 2010. The objective of the pilot was to identify treatment options, assess economic feasibility, confirm that impacted soil can be treated and reused in compliance Ministry of the Environment and Climate Change guidelines, and showcase treatment technologies. Approximately 20,000 cubic metres of soil was processed by the two operators during the three month pilot processing period.

Archetype Condominium Project - Enbridge Savings by Design Program

Waterfront Toronto was the client for this project led by Sustainable Buildings Canada in 2013. The goal was to identify ways that a condominium building might exceed the energy requirements in the Ontario Building Code by 25% or more, which is consistent with our Minimum Green Building Requirements. The Enbridge Savings by Design Program funded a design charrette that brought together a variety of experts to examine a number of energy and environmental performance issues. The charrette team members also made recommendations on other elements of design, including water conservation, storm water management, and materials selection. Specific areas of interest identified in the visioning session included low impact development, building durability and adaptability, and the lifecycle implications of material selection.

Energy Data Analysis for Waterfront Toronto Buildings - Ontario Power Authority

Waterfront Toronto is currently working on an energy data analysis project, supported by the Ontario Power Authority's (now called the Independent Electricity System Operator) Conservation Fund. The objective of this project is to track actual energy, water, and gas consumption data in recently occupied buildings. The project will report on lessons learned by comparing modelled and actual consumption data. These lessons will inform an update to the Minimum Green Building Requirements and provide recommendations on modelling, materials, equipment, and operations.

Electric Vehicle Charging Stations at George Brown College - Ministry of Transportation

Waterfront Toronto received funding from the Ministry of Transportation to install electric vehicle (EV) charging stations in the underground parking garage at the George Brown College Waterfront Campus. The three charging stations have the ability to charge five electric vehicles concurrently. This is an important transformative step towards encouraging more sustainable modes of transportation. The EV charging stations were used exclusively by the Pan Am electric vehicle fleet during the 2015 Pan Am Games and will provide a legacy benefit for the public after the games.

We will collect data on the public use and energy consumption of the EV charging stations for the next three years to monitor the technology's rate of adoption, which will help us understand demand and inform the need for additional infrastructure.

Peer Review of the Billy Bishop Toronto Centre Airport Environmental Assessment - PortsToronto

Waterfront Toronto is overseeing an independent third-party peer review of the PortsToronto Environmental Assessment (EA) for the Proposed Runway Extension and Introduction of Jet Aircraft at Billy Bishop Toronto City Airport. The peer review is being supported and funded by PortsToronto.

The peer review responds to stakeholder concerns and enhances the transparency of the overall environmental assessment process. This first phase of the peer review evaluated the EA's Draft Study Design Report, comments from the 30-day public review period, and information from the Peer Review Working Group to determine whether:

  • the study methodology is consistent with federal and provincial EA processes and best practices;

  • Sound public and stakeholder engagement processes were undertaken;

  • Public, agency, and stakeholder comments received were adequately addressed; and,

  • City Council direction was adequately addressed.

The next phase of the peer review will evaluate the EA's effects assessment.