Formation of a Municipal Development Corporation (MDC): Better Governance, Better Results

April 13, 2023

Please click the link below to learn more about this major advocacy initiative currently being led by IDEA. Our organization has drafted a Call to Action in response to the second part of a motion pertaining to Capital Budget Amendment 21 in the November 30, 2022 City Council - Budget Meeting requesting that Administration provide a report on the previous work related to the advantages and disadvantages of forming a Municipal Development Corporation.

IDEA intends to speak to the matter when Administration provides its report at Executive Committee on April 14, 2023. We are of the position that the formation of a Municipal Development Corporation would ensure timely, efficient and excellent development of municipally-owned lands, including but not limited to Blatchford, Exhibition Lands, Rossdale, Enterprise Lands and the Quarters.