What Toronto Can Learn From Global Urban Cities

The video discusses Toronto's Smart Cities Initiative, led by Jan de Silva, focusing on enhancing city services through digitization and infrastructure development. It compares Toronto's efforts with global examples like South Korea and London, highlighting the need for a strategic plan. The discussion also covers urban planning insights from Asian cities and the role of insurance in addressing challenges like natural disasters.

What is the primary goal of the Smart Cities Initiative in Toronto?

• To increase the number of sensors in the city

• To reduce the population

• To raise awareness of smart city developments

• To build more skyscrapers

What percentage of the world's population currently resides in cities?

• 70%

• 50%

• 20%

• 90%

What is one of the top goals for Toronto's smart city development?

• Increasing taxes

• Digitizing services for citizens

• Reducing public transport

• Building more roads

Which city implemented the Digital Cities Initiative to digitize services?

• New York

• London

• Tokyo

• Paris

What is a key factor in the successful growth of Asian cities?

• Less government intervention

• Higher population density

• Master planning with a long-term view

• More natural resources

What is a significant challenge for urban planning mentioned in the transcript?

• Overpopulation

• Geographic conditions and global warming

• Insufficient technology

• Lack of funding

What is the insurance industry's focus in disaster-prone areas?

• Expanding into new markets

• Reducing coverage

• Investing in research for prescriptive measures

• Increasing premiums