Education & Events

2018 Municipal Finance Forum

Four Points by Sheraton -Toronto Airport Hotel
Windsor Hall Ballroom
6257 Airport Road, Mississauga, ON L4V 1E4

Friday, December 7, 2018

Municipal Financial Management - Challenges & Opportunities


Today's Municipal Financial Managers are constantly faced with responding to often unrealistic expectations from councils, citizens, Government, and other stakeholders to deliver more and improved municipal services with limited and decreasing revenue streams. The MFOA/AMCTO annual Municipal Finance Forum provides a platform to explore the key strategic issues and emerging trends in municipal financial management.

Keynote Speaker: Bill Hughes, Senior Fellow, The Institute on Municipal Finance and Governance, The Munk School of Global Affairs and Public Policy

Bill Hughes is a Senior Fellow at the Institute on Municipal Finance and Governance at the Munk School of Global Affairs and Public Policy. Bill has over 35 years of experience in finance and public policy at both the provincial and municipal levels of government. He has wide-ranging research and policy interests, including municipal financial sustainability, demographics, urban economics, and the economics of water policy.

Before joining the Institute, Bill was the Commissioner of Finance and Treasurer for the Regional Municipality of York. 

Prior to joining York Region, Bill held senior positions in the Ontario government, mainly at the Ministry of Finance and the Ministry of Infrastructure. Most recently, he was the Assistant Deputy Minister of Infrastructure Policy and Planning. He chaired the Infrastructure Table of the Provincial-Municipal Fiscal and Service Delivery Review, developed the province’s first long-term infrastructure plan, and provided support to the Water Strategy Expert Panel.

Bill was a member of the board of directors of the Move Ontario Trust until its wind-up in 2017. He is a lecturer at the University of Toronto’s Munk School of Global Affairs and Public Policy, where he co-teaches a course on policy development

He has a Master’s of Business Administration from the Schulich School of Business, a Master’s of Environmental Studies from York University, a Bachelor of Arts degree from the University of Toronto, and has completed the Non-Profit Governance Essentials course from the Institute of Corporate Directors. He is also a Registered Professional Planner.

Keynote Speaker: Doug Downey, Parliamentary Assistant to the Minister of Finance, the Honourable Victor Fedeli, was elected as the Member of Provincial Parliament for Barrie--Springwater--Oro-Medonte in 2018.

Doug obtained his Hons. B.A. from Wilfrid Laurier University; M.A. specializing in Judicial Administration from Brock University; a Law Degree from Dalhousie University at Halifax; and a Master of Laws in Municipal and Development Law through Osgoode Hall Law School. He has served as a Professor for Laurentian University at Georgian College, taught for the Real Estate Bar Admission Course, and occasionally lectured when asked.

He is a founding partner at Downey, Tornosky, Lassaline & Timpano Law Professional Corporation and has earned professional recognition including the Lawyer of the Year award from the Simcoe County Law Association, the Business Leader of the Year by the Orillia Business Association, and as one of Canada’s Leading Lawyers by Lexpert magazine. He has extensive experience in politics from working as a city councillor, to chairing the Independent Panel on the Future of the Trent-Severn Waterway, the largest federal asset in Ontario. The panel’s work has resulted in over $625 million in investments into upgrading the Waterway’s infrastructure.


The Road Ahead: Government Priorities, Minister of Finance and Minister of Infrastructure

What are the current priorities and key strategic issues with the government? Where is the $6 b coming from that the government hope to save? Where are we now with Infrastructure and Finance?
Lots of concern in the sector about how the new provincial government is focused on finding $6 million in savings and grants will be cut for the municipal sector.
Conversation around the future of grants or funding programs especially for small municipalities.
What are the additional revenue tools available to the government?

MPP Doug Downey, Parliamentary Assistant, Office of Minister Victor Fedeli, Minister of Finance, Government of Ontario

Investing for Municipalities

The recently introduced Investment Regulation may bring questions about how your municipality will be impacted. This session will provide an update on the new investment regulation and how it may impact your municipality, including changes to the legal list and an overview of the new Prudent Investor approach. The session will wrap up by providing an update on what ONE Investment is doing to help municipalities implement these changes coming from the new investment regulation.

Presenter: Donna E. Herridge, CPA, CA, Manager, Accounting and Corporate Services, City of Mississauga

Municipal Impact Resulting from Cannabis Legalization: Operational and Financial Aspects

The legalization of cannabis products, the largest public policy shift in recent memory, will have significant impacts on municipalities, both on the operational and financial resources front.
This session will provide an overview of the foreseeable community impacts and ways to prepare for them, as well provide some insight into the potential financial impacts and possible funding available.

Presenter: Shayne Turner, Director of Municipal Enforcement Services, City of Waterloo

Post- Election: Having a Different Financial Conversation with Council Communicating the Financial Picture to New & Incumbent Councillors Post-Election

Practical tips, advise for buy-in by council; Setting business priorities and a budget for outcomes; Understanding financial management by council;
With a new council on December first, responsibilities of municipal staff in delivering correct legislative, regulatory information.

Stephen VanOfwegen, CPA, CMA, Commissioner of Finance & Chief Financial Officer, Acting Commissioner of Digital & Information Services, Region of Peel
Laura Mirabella, CPA, CA Commissioner of Finance and Regional Treasurer, The Regional Municipality of York
Robert Adams, Chief Administrative Officer, Municipality of Grey Highlands

Public Private Partnerships – Innovative Case Studies

Public-Private Partnerships are often thought of as a model only applicable to hard infrastructure in large communities. While assets such as transit lines and hospitals are very much part of the P3 portfolio, the evolution of innovative financing, procurement and delivery models are creating new opportunities for smaller communities and pushing the boundaries beyond just hard infrastructure.
This session will explore the range of tools municipalities have at their disposal to explore Public-Private partnerships for their infrastructure and service delivery needs and will focus on real case studies where these partnerships are helping communities innovate and transform the way they deliver for their citizens.

Jason Reynar, Chief Administrative Officer, Town of Innisfil
Larry McCabe, Chief Administrative Officer, Town of Goodrich
Steven Hobbs, Vice President, Strategy and Stakeholder Engagement, The Canadian Council for Public-Private Partnerships
Joani Gerber, InvestStratford, CEO, City of Stratford

The Changing Nature of Employment & How it is Impacting Communities & Non-Residential Revenue Streams

A top challenge facing municipalities is the changing nature of the economy including employment and its implications for long term municipal financial sustainability.

Mowat Centre study highlights the changing nature of employment for municipalities

  • There are issues around the shrinking middle class, income disparity, development charges and property tax
  • The impact of this changing economy on local communities and non-residential revenue sources
  • There are issues that affect the municipal tax base, such as fewer private sector entities and many businesses moving away from having bricks and mortar storefronts.
  • This is the revenue side of the problem where companies are trying to downsize their infrastructure to reduce their property taxes
  • Region of Peel Region is currently conducting a study with the Mowat Centre and highlights of that maybe ready to be shared. This is gathering evidence based information to have a better dialogue with the province.

Sunil Johal, Director Policy, Mowat Centre, University of Toronto
Stephen VanOfwegen, CPA, CMA, Commissioner of Finance & Chief Financial Officer, Acting Commissioner of Digital & Information Services, Region of Peel


Registration Form

Time: 8:30 am - 4:00 pm (Breakfast and Registration begins at 8:00 am)

Fee: $463.30 ($410 + $53.30 HST)
(Includes breakfast, lunch, refreshments and materials)

Hotel Reservations

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Refund Policy: All Cancellations must be confirmed in writing. A cancellation charge of $113.00 (includes HST) will be applied to every cancellation received up to seven (7) business days prior to the holding of the session. No refunds will be made for cancellations of less than seven (7) business days prior to the holding of the session.