The rise in expenses comes as TCHC continues to struggle with funding challenges, where they foresee half of its homes falling into critical condition.
Toronto’s publicly owned housing agency — the city’s largest landlord — is reporting a sharp increase in expenses incurred by employees, which it says is largely due to more staff attending conferences and other types of training.
On Friday, Toronto Community Housing Corp.’s audit committee reviewed a summary of staff’s expenses, which the agency is required to disclose when staff members have an annual salary that exceeds $100,000, including its president and board of directors.
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Circle owns or manages more than 2,600 homes in 16 local authority areas
