January 5, 2026 - Agenda
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Finance and Audit Committee
Electronic Meeting
Anderson Room, City Hall
6911 No. 3 Road
Monday, January 5, 2026
Immediately following the General Purposes Committee meeting
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ITEM |
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MINUTES |
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FIN-4 |
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Motion to adopt the minutes of the meeting of the Finance and Audit Committee held on December 1, 2025. |
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DELEGATION |
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FIN-12 |
1. |
Aanu Adeleye, Engagement Partner, and Brandon Ma, Engagement Quality Review Partner KPMG, to present the Audit Planning Report. |
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FINANCE AND CORPORATE SERVICES DIVISION |
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2. |
Financial Information – 3rd Quarter September 30, 2025 (File Ref. No. 03-0905-01) (REDMS No. 8202805) |
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FIN-42 |
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See Page FIN-42 for full report |
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Designated Speaker: Cindy Gilfillan |
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STAFF RECOMMENDATION |
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That the report titled, “Financial Information – 3rd Quarter September 30, 2025”, dated November 28, 2025, from the Director, Finance, be received for information. |
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3. |
Active Capital Projects Financial Update – 3rd Quarter September 30, 2025 (File Ref. No. 03-0975-01) (REDMS No. 8229094) |
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FIN-66 |
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See Page FIN-66 for full report |
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Designated Speaker: Jenny Ho |
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STAFF RECOMMENDATION |
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That the report titled “Active Capital Projects Financial Update – 3rd Quarter September 30, 2025”, dated December 3, 2025, from the Director, Finance, be received for information. |
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4. |
Fraud Risk Management Update (File Ref. No. 03-0950-02) (REDMS No. 8067109) |
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FIN-82 |
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See Page FIN-82 for full report |
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Designated Speakers: Katie Ferland & Kelvin Tse |
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STAFF RECOMMENDATION |
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That the report titled “Fraud Risk Management Update”, dated December 15, 2025, from the Director, Business Services, be received for information. |
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LULU ISLAND ENERGY COMPANY |
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5. |
Lulu Island Energy Company – 2025 3rd Quarter Financial Information (File Ref. No. 03-0950-01) (REDMS No. 8248211) |
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FIN-89 |
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See Page FIN-89 for full report |
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Designated Speaker: Alen Postolka |
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STAFF RECOMMENDATION |
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That the Lulu Island Energy Company report titled “Lulu Island Energy Company – 2025 3rd Quarter Financial Information”, dated November 20, 2025, from the Chief Executive Officer and Chief Financial Officer, be received for information. |
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RICHMOND OLYMPIC OVAL CORPORATION |
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6. |
Richmond Olympic Oval Corporation 3rd Quarter 2025 Financial Information (File Ref. No. 03-1200-09) (REDMS No. 8263257) |
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FIN-99 |
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See Page FIN-99 for full report |
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Designated Speaker: Rick Dusanj |
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STAFF RECOMMENDATION |
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That the Richmond Olympic Oval Corporation 3rd Quarter 2025 Financial Information report from the Director, Finance, Innovation & Technology, Richmond Olympic Oval Corporation be received for information. |
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ADJOURNMENT |
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