The Toronto Islands Residential Community Trust Corporation
In December 1993, the Toronto Islands Residential Community Trust Corporation (the Trust) was established Under the Toronto Islands Residential Community Stewardship Act, 1993 (the Act), to manage the land and buildings associated with the Island community, on behalf of the Island residents and the general public.
Under the legislation, residents on Ward’s and Algonquin Islands are able to hold title to their homes and lease the lots on which their houses stand until December 15, 2092.
The Trust is mandated to provide stewardship of the Island Residential Community, ensuring that this community is maintained according to the principles which islanders fought hard for in their 30 year effort to retain their homes.
One of the core principles of the Trust is to ensure that the sale of island homes and leases, which sit on public land, do not result in windfall profits for the owners. Under the legislation, Island homes and leases may only be bought and sold through the Toronto Islands Residential Community Trust. The system of regulated prices for homes and leases, sold only to people on the Purchasers’ List, ensures that this principle is maintained. The Trust is also charged with managing its five public buildings for the benefit of the public as well as the community. The Trust receives no government or outside funding to support its operations.
The community buildings are:
- The Algonquin Island Association Clubhouse, located at 18 Wyandot Avenue on Algonquin Island
- The Shaw House, located at 108 Lakeshore Avenue on Ward’s Island
- The Riviera, located at 102 Lakeshore Avenue on Ward’s Island
- The Old Fire Hall, located at 101 Cibola Avenue on Ward’s Island, and
- The two Ward’s Island Association Clubhouse Buildings, located at 18 and 20 Withrow Street on Ward’s Island.
The lands administered by the Trust for residential purposes and the six community buildings are vested in the Province under the Act. They are leased to the Trust until December 15, 2092, under specified conditions set out in the Act.
To learn more about the Trust and its mandate see the following documents:
- Purchasers’ List
- By-Laws & Policies
- Requirements under the Accessibility for Ontarians with a Disability Act (AODA)
- Plans & Reports
Public Posting of Expense Information
The Province of Ontario’s Travel, Meal and Hospitality Expenses Directive requires provincial agencies to post travel, meal and hospitality expense information for the following positions:
- Appointees (every person appointed to the public entity by the Lieutenant Governor in Council, the Lieutenant Governor or a minister),
- CEOs (the most senior executive position, regardless of the title), and
- Every member of senior management that reports directly to the CEO.
The Toronto Islands Residential Community Trust Corporation submits the following:
To date, appointees and designated persons of the Toronto Islands Residential Community Trust Corporation have not incurred any travel, meal or hospitality expenses.
À ce jour, les personnes nommées et désignées de la Société de fiducie portant sur la zone résidentielle des îles de Toronto n’ont encouru aucuns frais de voyage, de repas ou de représentation.
Open Data Directive
The purpose of this directive is to maximize access to Data by requiring that Government Data be Open by Default unless exempted from release in limited and specific circumstances as specified in this directive.