The City consistently strives to provide quality events, programs, facilities and services to its residents while being mindful of how it spends property tax dollars - its main source of revenue.
Naming rights agreements and sponsorships can provide the City with alternative funding sources to enhance the quality of life for those who live here. By partnering with progressive and like-minded corporate partners, the City can provide greater value to residents while holding the line on taxes.
Contact Mark Guinto to discuss opportunities.
2019
Naming Rights Announcement: August 26, 2019
The City of Pickering will be formally introducing the Chestnut Hill Developments Recreation Complex. This $1.125 million, 15-year agreement represents the first naming rights deal in Pickering’s history, and will help usher in a new era for this landmark building.
Frequently Asked Questions
What are naming rights?
Naming rights are a financial transaction and form of advertising whereby a corporation or other entity purchases the right to name a facility or event, typically for a defined period of time.
Through an agreement, terms like signage/sponsorship rights, partnership and renewal terms, fees and other negotiations are outlined.
Why is the City of Pickering pursuing naming rights?
The City of Pickering consistently strives to provide quality events, programs, facilities and services to its residents while being mindful of how it spends property tax dollars - its main source of revenue.
Naming rights agreements can provide the City with alternative funding sources to benefit the quality of life for those who live here. Without exploring this option, the City may be forced to increase property taxes, go into debt, or cut back on services and programs.
What does the City of Pickering’s naming rights program entail?
With Council’s approval in 2018, staff launched a new program to sell the naming rights of City-owned assets to companies or organizations for a fixed period of time. This entails the name only, and not the actual facility, or assets and operations within. Naming rights will not impact programming or service delivery.
The City has conducted a professional inventory asset identification and valuation, which provides the opportunity to sell exclusive name sponsor rights to companies who align with the City’s vision, values, brand, and passions.
What other cities pursue naming rights?
Across Ontario, there are over 70 parks, stadiums, arenas, recreation centres, theatres, and performance venues named after a business. The Tribute Communities Centre in Oshawa, FirstOntario Centre in Milton, Tim Horton’s Field for the Hamilton Tiger Cats, Paramount Fine Foods Centre in Mississauga, CAA Centre in Brampton. More famous examples of naming rights deals include the Scotiabank Arena (formerly Air Canada Centre), Rogers Centre (formerly SkyDome), and the Scotiabank Caribbean Carnival (formerly Caribana).