City of Toronto Selects Aurigo Software to Modernize Real Estate Capital Program Management

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeGlobeNewswireThis section is The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire City of Toronto Selects Aurigo Software to Modernize Real Estate Capital Program ManagementAuthor of the article: You can save this article by registering for free here. Or sign-in if you have an account.TORONTO, Aug. 04, 2026 (GLOBE NEWSWIRE) — Aurigo Software, the leading AI-native company for capital owners, has entered into a multiyear contract with the City of Toronto. Aurigo’s flagship product suite, Masterworks, will help manage all aspects of real estate project delivery, including portfolio oversight, cost control, and reporting.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountWith one of the largest and most diverse real estate portfolios in Canada, the City of Toronto requires an enterprise-grade platform to manage capital investments at scale. Aurigo Masterworks will serve as a critical component of Toronto’s Corporate Real Estate Management (CREM) future-state operating model, providing the portfolio intelligence, governance, and delivery oversight necessary to optimize infrastructure investments and improve project outcomes.“Toronto is one of North America’s largest cities and is investing more than a billion dollars a year into the fire halls, shelters, community centers, and libraries people use every day. On a portfolio that size, the hard part is knowing which projects are slipping while there’s still time to fix them,” said Balaji Sreenivasan, CEO and founder of Aurigo Software. “Aurigo Masterworks gives the City of Toronto one system for the whole portfolio, with AI agents that surface that risk early instead of at the end.”Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againAurigo Masterworks has been selected by CREM as its enterprise Capital Portfolio and Project Management platform, providing a comprehensive integrated solution to support the planning, prioritization, governance, delivery, and oversight of capital investments across the City’s diverse real estate portfolio. The platform enables multi-year capital planning, multi-client environment, portfolio prioritization, funding allocation, scenario analysis, program and project management, governance controls, risk and change management, contract administration, executive reporting, and performance monitoring within a single integrated environment.As part of CREM’s broader Enterprise Asset Management and Capital Planning and Delivery Framework, the solution will support a connected, enterprise-wide approach that aligns asset/capital planning, capital investment decisions, project delivery, and financial stewardship. Together, this framework will enable data-driven investment decisions, stronger governance, improved transparency, optimized lifecycle management, and more effective stewardship of public assets on behalf of Toronto residents.Through advanced reporting and analytics, Aurigo Masterworks will provide CREM with a single source of truth for capital program performance, offering visibility from the enterprise portfolio level down to individual projects. Senior Leaders, CREM City Clients, program/project managers, and project teams will have access to real-time dashboards and reporting that support governance, financial oversight, risk management, schedule monitoring, and project delivery performance across the entire capital investment lifecycle.Toronto joins a growing community of public-sector agencies across North America that rely on Aurigo Masterworks to digitize their real estate capital projects. These include the cities of Philadelphia, Seattle, Sacramento, and Denver, as well as public organizations across Ontario, including York Region and the Ontario Ministry of Transportation. Demand across the public sector continues to accelerate as agencies pursue AI platforms to boost productivity and improve efficiency.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.About Aurigo SoftwareAurigo builds software that helps build the world. Aurigo is an AI-native company that helps capital owners connect planning, construction, and operations in a single environment, improving decision-making and execution. Trusted by over 300 organizations across infrastructure and facilities, Aurigo manages more than $450 billion in capital programs, with over 40,000 projects throughout North America. Aurigo is a privately held U.S. corporation headquartered in Austin, Texas, with global offices in Canada, South Africa, and India. Learn more at www.aurigo.com.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.