Council adopted the Creative City Planning Framework, a plan to increase economic competitiveness and long-term prosperity by adopting a Cultural Planning model and developing "Creative Toronto." Cultural Planning seeks to leverage the connections between place, culture and the economy. "Creative Toronto," one of the four pillars outlined in the Agenda for Prosperity: a Prospectus for a Great City, states that Toronto can compete in sectors that add value, increase productivity and grow the economy through research, development and the commercialization of ideas. The Creative City Planning Framework was developed in conjunction with The Agenda for Prosperity and supports its priority actions. City Council adopted the Agenda for Prosperity at its January 2008 meeting. The report will be used to guide major strategic policies having an impact on Toronto’s economic competitiveness and growth.