TTC Audit and Risk Management Committee - December 2, 2021
Meeting info
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Agenda
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Meeting Minutes
Land Acknowledgement
Declarations of Interest – Municipal Conflict of Interest Act
Minutes of the Previous Meeting
Business Arising Out of the Minutes
Public Presentations
Requests to speak must be registered by noon of the business day preceding meeting day by submitting a request to commissionservices@ttc.ca A final deputation list will be distributed at the meeting.
Presenters will participate by audio only and will be required to provide a telephone number on which they can be reached at the appropriate time. Presenters may submit a written deputation in advance of the meeting which will be circulated to TTC Commissioners and staff.
Item 1. KPMG LLP’s Audit Plan for Year Ended December 31, 2021 (For Action)
Item 2. Executive Compliance Certificates – CEO Submission (2021) (For Action)
Item 3. Audit, Risk and Compliance Report: Flexible Work Plan (2022) (Confidential Attachment – this report contains information related to the security of the property of the municipality or local board) (For Action)
Land Acknowledgement
R. Lalonde requested C. Finnerty to acknowledge that the TTC Board was meeting on the traditional territory of many nations including the Mississaugas of the Credit, the Anishnabeg, the Chippewa, the Haudenosaunee and the Wendat peoples and is now home to many diverse First Nations, Inuit and Métis peoples. C. Finnerty also acknowledged that Toronto is covered by Treaty 13 signed with the Mississaugas of the Credit.
Declaration of Interest - Municipal Conflict of Interest Act
Nil
Committee of the Whole
Chair Lalonde moved the following motion:
That the Committee recess as the Committee of the Whole to consider information involving the security of the property of the municipality or local board and advice or communications that are subject to solicitor-client privilege, including communications necessary for that purpose.
The motion by Chair Lalonde carried.
Minutes of the Previous Meeting
Commissioner Osborne moved that the Audit & Risk Management Committee approve the minutes of Meeting 25, held on Thursday, September 9, 2021.
The motion by Commissioner Osborne carried.
Business Arising Out of the Minutes
Nil
Public Presentations
Nil
Presentations/Reports/Other Business
- KPMG LLP’s Audit Plan for Year Ended December 31, 2021
K. Travers and R. Travers (KPMG) delivered a verbal presentation on this item.
Commissioner De Laurentiis moved adoption of the staff recommendations as follows:
It is recommended that the TTC Audit and Risk Management Committee:
- Receive this report for information.
The motion by Commissioner De Laurentiis carried.
Approved
- Executive Compliance Certificates - CEO Submission (2021)
C. Leach delivered a verbal presentation on this item.
Commissioner De Laurentiis moved adoption of the staff recommendations as follows:
It is recommended that the TTC Audit and Risk Management Committee:
- Receive this report for information.
The motion by Commissioner De Laurentiis carried.
Approved
- Audit, Risk and Compliance Report: Flexible Work Plan (2022)
C. Leach delivered a verbal presentation on this item.
Commissioner Osborne moved adoption of the staff recommendation as follows:
It is recommended that the TTC Audit and Risk Management Committee:
- Approve the Audit, Risk and Compliance Report: Flexible Work Plan (2022) and forward a copy to the TTC Board for information.
- Receive the confidential information as set out in Confidential Attachment 1 – Audit, Risk and Compliance Report: Flexible Work Plan, noting that it is to remain confidential in its entirety as it involves the security of the property of the municipality or local board.
The motion by Commissioner Osborne carried.
Approved