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Ontario Regulatory Reform

Blake, Cassels & Graydon LLP

Modifications proposées à la réglementation relative à la boîte bleue en Ontario

Le 4 juin 2025, le ministère de l’Environnement, de la Protection de la nature et des Parcs de l’Ontario (le « ministère ») a proposé plusieurs modifications au Règl. de l’Ont. 391/21 : Boîte bleue (le « Règlement »). Ces...more

Stikeman Elliott LLP

Ontario’s Special Economic Zones: Key Features of the New Legislation

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On June 5, 2025, Ontario’s Special Economic Zones Act, 2025 (“SEZA”) came into force. This legislation gives the Ontario cabinet regulatory authority to designate special economic zones (“SEZs”) in which designated proponents...more

Blake, Cassels & Graydon LLP

Proposed Amendments to Ontario’s Blue Box Regulation

On June 4, 2025, the Ontario Ministry of the Environment, Conservation and Parks (the Ministry) proposed several amendments to the Blue Box Regulation. These proposed changes come alongside proposed amendments to the Resource...more

Stikeman Elliott LLP

Bill 17: Ontario Government Proposes Amendments to Accelerate Infrastructure and Housing Development

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On May 12, 2025, Ontario’s Minister of Municipal Affairs and Housing tabled Bill 17, the Protect Ontario by Building Faster and Smarter Act, 2025, for first reading. Bill 17 is intended to remove barriers to building,...more

Blake, Cassels & Graydon LLP

Le gouvernement de l’Ontario propose une nouvelle approche pour la protection des espèces en péril

Introduction - Le gouvernement de l’Ontario (le « gouvernement provincial ») a annoncé la refonte prévue de la législation relative aux espèces en voie de disparition de cette province. L’approche introduite par cette...more

Stikeman Elliott LLP

Province of Ontario Caps Inclusionary Zoning Requirements

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On May 12, 2025, the Government of Ontario amended the Inclusionary Zoning regulation under the Planning Act. These changes introduce clear upper limits on what municipalities can require under local Inclusionary Zoning...more

Blake, Cassels & Graydon LLP

Ontario Proposes a New Approach to At-Risk Species Protection

Introduction Ontario has announced a planned overhaul of the province’s endangered species legislation. The approach was announced on April 17, 2025, as part of Bill 5, Protect Ontario by Unleashing our Economy Act, 2025. If...more

Stikeman Elliott LLP

OSC Publishes Considerations for Public Accounting Firms in Developing Internal Ethics Policies and Procedures

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The Ontario Securities Commission (“OSC”) recently published OSC Staff Notice 52-724 Considerations for Public Accounting Firms in Developing Internal Ethics Policies and Procedures (the “Notice”). The Notice summarizes...more

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OSC and AMF Request Comment on Application for Designated Interest Rate Benchmark and Designated Benchmark Administrator

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The Ontario Securities Commission and the Autorité des marchés financiers (the “Regulators”) recently received an application (the “Application”) from CanDeal Benchmark Administration Services Inc. (“CBAS”) to have Term CORRA...more

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TSX Amends Rules for Pricing of Public Offerings

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On April 20, 2023, the Toronto Stock Exchange (the “TSX”) adopted, and the OSC provided its notice of approval for, certain amendments (the “Amendments”) to more clearly define the factors that the TSX will now consider when...more

Stikeman Elliott LLP

OSC Enters into Cooperation MOU with NYSDFS

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The Ontario Securities Commission (OSC) recently announced that it has entered into a Memorandum of Understanding (MOU) with the New York State Department of Financial Services (NYSDFS) to facilitate cooperation and the...more

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Ontario Government Proposes New Provincial Planning Statement and Other Measures to Increase Housing Supply

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On April 6, 2023, the Ontario government introduced a suite of legislative, regulatory, and policy proposals to tackle the housing supply crisis, including a new Provincial Planning Statement to streamline the rules around...more

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Dealing with the Housing Crisis: Ontario’s Bill 23 Proposes Major Changes to Encourage Residential Development

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On October 25, 2022, Ontario Municipal Affairs and Housing Minister Steve Clark announced a comprehensive legislative initiative – the More Homes Built Faster Act, 2022 (“Bill 23”) – to complement the Government’s plan to add...more

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Ontario’s Housing Affordability Task Force Urges Major Reforms to Approvals Process for Residential Development

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On February 8, 2022, the Housing Affordability Task Force reported to the Government of Ontario on the state of the housing market in Ontario. Its 33-page Report makes 55 recommendations intended to remove impediments to the...more

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OSC and AMF Enter into Amended MOU with ESMA Regarding Monitoring of Central Counterparties With Recognition Conditions

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On January 13, 2022, the Ontario Securities Commission (OSC) announced that it and Quebec’s Autorité des marchés financiers (AMF) have entered into an amended Memorandum of Understanding (MOU) with the European Securities and...more

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Securities regulators sign MOU with Bank of Canada to promote efficient clearing and settlement systems

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The Ontario Securities Commission (OSC) recently announced Ministerial approval of a Memorandum of Understanding (MOU) between the OSC, Quebec’s Autorité des marchés financiers (AMF), the British Columbia Securities...more

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