Report: Executive Committee - June 28, 2022

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Governing Council Boardroom

REPORT NUMBER 533 OF

THE EXECUTIVE COMMITTEE

Tuesday, June 28, 2022

To the Governing Council,
University of Toronto.

Your Committee reports that it met on Tuesday, June 28, 2022 at 3:30 p.m. with the following members present:

Present:
Brian Lawson (Chair), Janet Ecker (Vice-Chair), Meric S. Gertler (President), Sandra Hanington, Paul Huyer, Sarosh Jamal, Mark Lautens, Kikelomo Lawal, Vishar Yaghoubian
  
Regrets:
Vina Goghari, Amin Kamaleddin, Ernest W.N. Lam, Lara Zink 

Non-Voting Member:
Sheree Drummond, Secretary of the Governing Council

Secretariat:
Anwar Kazimi, Kristi Gourlay

In Attendance:
Cheryl Regehr, Vice-President and Provost and Member of the Governing Council  
Anna Kennedy, Chair, Business Board and Member of the Governing Council   
Salvatore Spadafora, Chair, Academic Board and Member of the Governing Council   
Grace Westcott, Chair, UTSC Campus Council and Member of the Governing Council
Samra Zafar, Chair, UTM Campus Council and Member of the Governing Council
Scott Mabury, Vice-President, Operations and Real Estate Partnerships   
Pierre Piché, Controller and Director of Financial Services (items 2 a and b)
Trevor Rodgers, Chief Financial Officer (items 2 a and b)
Bryn MacPherson, Assistant Vice-President, Office of the President and Chief of Protocol  
Nadina Jamison, Chief Strategy Officer, Office of the President   
Susan Mazza, Special Projects Officer, Office of the President    
Kristin Taylor, University Counsel and Chief Legal Officer 



Pursuant to section 28 (e) and 38 of By-Law Number 2, consideration of
items 5 (a) and (b) took place in camera.

The meeting was held in closed Session.


  1. Chair’s Remarks

    The Chair welcomed attendees to the meeting.
  2. Items for Endorsement and Forwarding to the Governing Council

    1. Audited Financial Statements for the Fiscal Year ended April 30, 2022

      Ms Anna Kennedy, Chair of the Business Board, noted that the audited financial statements were examined in detail by the Audit Committee and by the Business Board at their recent meetings.

      In response to a member’s question about what constituted philanthropic research grants, the Provost, Professor Cheryl Regehr, advised that some donors gave monetary gifts that supported research. The President added that this type of donation often came from foundations.

      On a motion duly moved, seconded, and carried

      YOUR COMMITTEE RESOLVED

      THAT the following recommendation be endorsed and forwarded to the Governing Council:

      THAT the University of Toronto audited financial statements for the fiscal year ended April 30, 2022, be approved. 

    2. External Auditors: Appointment for 2022-2023

      Ms Kennedy advised members that the Audit Committee and Business Board had supported that Ernst & Young LLP be retained for the fiscal year ending April 30. 2023.

      On a motion duly moved, seconded, and carried

      YOUR COMMITTEE RESOLVED

      THAT the following recommendation be endorsed and forwarded to the Governing Council:

      THAT Ernst & Young LLP be re-appointed as external auditors of the University of Toronto for the fiscal year ending April 30, 2023. 

      The Chair offered his commendations to everyone involved with preparing the annual financial statements.

      CONSENT AGENDA

      The Chair noted that no requests had been made to remove any items from the Consent Agenda.

      On a motion duly moved, seconded, and carried

      YOUR COMMITTEE RESOLVED

      THAT the consent agenda be adopted and that Item 3 be approved.
  3. Report of the Previous Meeting of the Executive Committee

    Report Number 532 (May 14, 2022)
  4. Business Arising from the Report of the Previous Meeting
  5. Report for Information

    Report Number 266 of the Business Board (June 21, 2022)
  6. Date of Next Meeting

    The Chair advised members that the next meeting was scheduled for Wednesday, October 19, 2022 from 5:00 to 7:00 p.m.
  7. Other Business

    There was no other business.

    The Committee moved In Camera.
  8. Items for Endorsement and Forwarding to the Governing Council
    1. Appointments: Membership of the Committee for Honorary Degrees, 2022-23

      On a motion duly moved, seconded, and carried

      YOUR COMMITTEE RESOLVED

      THAT the following recommendation be endorsed and forwarded to the Governing Council

      1. THAT the following proposed membership of the 2022-2023 Committee for Honorary Degrees be approved:

        Administrative Staff 

        Ms Shannon Simpson (Director, Indigenous Initiatives, Office of the Vice-President & Provost)* 

        Lay Members  

        Dr. Wendy Cecil (Former Chair of the Governing Council)* 
        Ms. Shirley Hoy (Former Chair of the Governing Council) 
        Ms N. Jane Pepino (Former Vice-Chair of the Governing Council)* 

        Students 

        Ms Ksenia Meteleva (Graduate Student, Temerty Faculty of Medicine) 
        Ms Vishar Yaghoubian (Undergraduate Student, Faculty of Arts & Science) 

        Teaching Staff 

        Professor Elizabeth Edwards (Department of Chemical Engineering &Applied Chemistry, Faculty of Applied Science & Engineering) 
        Professor Janice Gross Stein (Munk School of Global Affairs and Public Policy and Department of Political Science, Faculty of Arts & Science)* 
        Professor Arthur Ripstein (Faculty of Law and Department of Philosophy, Faculty of Arts & Science)* 
        Professor Alexie Tcheuyap (Associate Vice-president and Vice-Provost, International Student Experience and Department of French, Faculty of Arts & Science)* 

      2. THAT, pursuant to section 38 of By-Law Number 2, the Governing Council consider this item in camera. 

        *member of 2021-2022 Committee.
    2. Appointment: Member of the Governing Council to Governance Body, 2022-23

      On a motion duly moved, seconded, and carried

      YOUR COMMITTEE RESOLVED

      THAT the following recommendations be endorsed and forwarded to the Governing Council for approval:  

      THAT Jan Mahrt-Smith, a teaching staff member, be appointed to the Executive Committee for 2022-23, and 

      THAT, pursuant to section 38 of By-Law Number 2, the Governing Council consider this item in camera. 

The Committee returned to closed session

The meeting adjourned at 3:42 p.m.



July 29, 2022