Toronto Board of Trade

Toronto Board of Trade

November 13, 2006 21:11 ET

Congratulations, Mayor Miller! Now, about those issues ...

Toronto Board of Trade calls next Council term ‘a test of leadership’

Attention: Business/Financial Editor, City Editor, News Editor, Government/Political Affairs Editor TORONTO, ONTARIO, ELECTION--(CCNMatthews - Nov. 13, 2006) - The Toronto Board of Trade tonight offered its congratulations to Mayor David Miller and all City Councillors who were elected in today's municipal voting, saying the Mayor and new Council have earned a four-year mandate to tackle the city's challenges.

"Tonight is a time of celebration for the Mayor and Councillors," said Board of Trade Chair Becky McKinnon, "But tomorrow morning, our new city leaders must start facing the challenges of running Toronto, and many require immediate attention."

McKinnon said the new government should have five top priorities*:

1. Reduce traffic congestion and improve transit and transportation systems.
2. Improve Toronto's business competitiveness in order to attract and retain jobs.
3. Enhance Toronto's quality of life through targeted community investments.
4. Operate municipal government in a more accountable, efficient and effective way.
5. Establish benchmarks that measure success in key areas by results, not spending.

"These are not simple challenges," acknowledges McKinnon, noting that the City must also deal with its unsustainable finances, including a potential $518 million gap in the 2007 budget, "This term of Council will be a test of leadership as well as an opportunity to put Toronto's economic future back on track."

The Toronto Board of Trade is the champion of a competitive and vibrant Toronto with a mandate to serve, represent and unite the city's business community. Founded in 1845, Canada's largest chamber of commerce operates at four locations across Toronto. Further information about Board events, policies, advocacy and products is available on its website at Commentary from Board executives can be found on the Board Blog at

* See 'Action Agenda for the Next Mayor and City Council of Toronto' at
/For further information: IN: ECONOMY, FINANCE, POLITICS

Contact Information

  • Glen Stone, Public Affairs Manager, Toronto Board of Trade
    Primary Phone: 416-862-4565
    Secondary Phone: 416-998-9458