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15 Apr, 4 tweets, 2 min read
#CityofTO issues first debenture this year to help fund key capital projects. News release: toronto.ca/news/city-of-t… ImageImage
The City of Toronto has issued a new debenture for $350 million to help finance key capital projects. This is the City’s first debenture issuance this year, with a low all-in cost of 2.958 per cent.
This conventional bond issue, with a 30-year maturity and a coupon interest rate of 2.90 per cent, will mature on April 29, 2051. It was issued April 14 and will settle on April 29, 2021.
The proceeds from this issuance will be used to fund previously approved capital projects including Toronto Transit Commission, Transportation Services, Environment and Energy, Corporate Real Estate Management, Facilities Management and Exhibition Place.

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More from @cityoftoronto

City of Toronto Profile picture
16 Apr
#CityofTO plans pothole repair blitz tomorrow. News release: toronto.ca/news/city-of-t… ImageImage
The City of Toronto is planning a pothole repair blitz on Saturday, April 17 to repair as many potholes as possible on Toronto’s major roads, neighbourhood streets, and expressways.
Crews will begin repairing as many potholes as possible starting at 6 a.m. Sat morning. Tomorrow’s blitz will see 32 crews (100 staff) repairing potholes throughout the city. City staff will work a 12-hour shift with appropriate physical distancing measures in place.
Read 6 tweets
City of Toronto Profile picture
15 Apr
Meet Shawn. He is sharing part of his journey of street homelessness to securing housing through working with #CityofTO’s Streets to Homes (S2H). He says he’s appreciative of the work put in to attain his housing & we are thankful to have connected with him to secure housing. a portrait of a man wearing an orange shirt standing in the
Shawn has living outside for 10 years in Etobicoke South. He says he was thrown out by his mom & slept in coffee shops, parks & bus shelters, where he connected with the S2H outreach team.
While living outdoors Shawn says that several good samaritans tried to help him get off the streets to inside space, but he was afraid of being treated differently due to his circumstance. He adds that he did not know how to regain his purpose after so many years outdoors.
Read 5 tweets
City of Toronto Profile picture
15 Apr
#CityofTO purchases two buildings to create 334 homes with support services for people in need. News release: toronto.ca/news/city-of-t… #HousingTO #HousingTOprogress
Today, Mayor @JohnTory and the Honourable @HonAhmedHussen, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC) announced the first two Toronto locations under the Rapid Housing Initiative (RHI).
These sites will provide approx 334 homes with support services for people in need and will be ready for occupancy later this year. The creation of these new homes is an integral part of the HousingTO 2020-2030 Action Plan & the COVID-19 Housing and Homelessness Response Plan.
Read 4 tweets
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14 Apr
#Toronto’s Accessibility Task Force on #COVID19 Vaccines to address equity gaps in vaccine access for people with disabilities

News release: toronto.ca/news/torontos-… ImageImageImage
Today, Mayor John Tory announced the formation of Toronto’s Accessibility Task Force (ATF) on COVID-19 Vaccines to advise on enhanced support and access to the COVID-19 vaccine for people with disabilities.
The ATF was created as part of the City of Toronto’s COVID-19 Immunization Task Force (ITF) outreach efforts and TO Supports: Targeted Equity Action Plan and is a collaboration between the City and community partners.
Read 4 tweets
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4 Jun 20
#CityofTO launches CaféTO plan to help create more outdoor space for local restaurants and bars. News release: toronto.ca/news/city-of-t…
Today, Mayor @JohnTory launched CaféTO a quick-start program that will make it easier for restaurant and bar owners to open patios, to expand them, and to access additional space for #physicaldistancing and for that matter revenue generation during the summer months ahead.
The program will provide more outdoor dining areas by identifying space in the public right-of-way and expediting the current application and permitting process for sidewalk cafés & parklets. City staff are getting ready now so that we can act quickly to help restaurants & bars.
Read 4 tweets

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