Studio 535

📣 NEW EVENT Ending Corporate Welfare and Doing Industrial Policy Right With UofT Econ Professor @jbsteinberg, moderated by @EricDLombardi Come learn about our corporate subsidy strategy, what's working/not working, and what we should do instead. 🎟️ luma.com/83vywtmd

📣 NEW EVENT Ending Corporate Welfare and Doing Industrial Policy Right With UofT Econ Professor @jbsteinberg, moderated by @EricDLombardi Come learn about our corporate subsidy strategy, what's working/not working, and what we should do instead. 🎟️ luma.com/83vywtmd

📣 NEW EVENT Ending Corporate Welfare and Doing Industrial Policy Right With UofT Econ Professor @jbsteinberg, moderated by @EricDLombardi Come learn about our corporate subsidy strategy, what's working/not working, and what we should do instead. 🎟️ luma.com/83vywtmd

📣 NEW EVENT Ending Corporate Welfare and Doing Industrial Policy Right With UofT Econ Professor @jbsteinberg, moderated by @EricDLombardi Come learn about our corporate subsidy strategy, what's working/not working, and what we should do instead. 🎟️ luma.com/83vywtmd

One year ago, studio members set out on an investing competition: everyone starts out with $1k and let's see who has the most at the end of the year. The results are in: 🥇 @fahdananta with a whopping 10x return 🥈 @adamchenchew with a commendable 2.5x 🥉 @preshdkumar with a strong 1.8x Honourable mentions: 🚀 @BrandonMChu with the biggest comeback (15x in a single month) 💩 @robjama and @surim0n win the very special first-to-zero awards

One year ago, studio members set out on an investing competition: everyone starts out with $1k and let's see who has the most at the end of the year. The results are in: 🥇 @fahdananta with a whopping 10x return 🥈 @adamchenchew with a commendable 2.5x 🥉 @preshdkumar with a strong 1.8x Honourable mentions: 🚀 @BrandonMChu with the biggest comeback (15x in a single month) 💩 @robjama and @surim0n win the very special first-to-zero awards

Toronto asks its leaders to deliver more housing, modernize infrastructure, and run major services, yet it doesn't reward the civic leaders who actually do. Toronto caps senior-staff bonuses at 20-25 percent and allows them only in agencies. This is too small to motivate performance and unavailable to most municipal public leaders. Contrast this with a place like Singapore, where senior public leaders are paid at levels competitive with the private sector. High compensation is paired with clear, objective performance expectations, and the authority to make changes to meet them. This memo from @MicheleRomanow proposes a modern performance-driven system: 1️⃣ Created a define Senior City Service with performance-linked contracts and real authority 2️⃣ Give each division one objective scorecard with 1-3 measurable targets 3️⃣ Delegate routine decisions to staff and set stable citywide targets in law so leaders can actually deliver Full memo here: buildtoronto.com/memos/reward-r… Let us know your thoughts at the poll below: