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2022 Investments Annual Report and Draft Investment Policy Approved

The General Government Committee of Clarington received the 2022 Investments Annual Report during its meeting on May 29, 2023. The committee approved the Draft Investment Policy as outlined in Report FSD-025-23. Additionally, an amendment was made to the resolution, stating that staff will report back on the Prudent Investor Standard. The main motion, as amended, was carried, which includes the approval of the Draft Investment Policy and the request for a report on the Prudent Investor Standard.