Information

Business Law Agenda: Priority Findings and Recommendations Report

Regulation Number(s):
Bill or Act:
n/a
Summary of Proposal:
The Ministry of Government and Consumer Services is seeking feedback on the attached report on priorities and recommendations for reform of Ontario's corporate and commercial legislation.

This report makes recommendations related to five key themes:
1. Establishing a process to keep corporate and commercial law current;
2. Making Ontario a jurisdiction of choice for business;
3. Supporting greater market certainty and confidence in market transactions;
4. Modernizing laws relating to secured lending and other commercial activity; and
5. Facilitating market activity and promoting small business growth through greater certainty, clarity, and efficiency in business legislation.

In February 2015 the Ministry of Government and Consumer Services invited a volunteer panel of experts in corporate and commercial law to develop recommendations. This initiative is part of the government's broader commitment to building a dynamic business climate and solidifying Ontario's position as a jurisdiction of choice for business.

Based on the responses provided to the consultation on this report, the ministry will develop a reform agenda to ensure that Ontario has modern corporate and commercial statutes that facilitate an efficient market and prosperous business climate.

How You Can Help

The Ministry of Government and Consumer Services is seeking public input on this report to explore priorities and recommendation to modernize corporate and commercial legislation in Ontario.

We are looking for your feedback on the recommendations in this report.

You may submit your comments and ideas:
• by e-mailing them to: businesslawpolicy@ontario.ca with "Business Law Agenda Report" in the subject line; or
• by mailing them to:
Business Law Policy
Consumer and Business Policy Unit
Ministry of Government and Consumer Services
5th Floor, 777 Bay Street
Toronto, ON M7A 2J3

You may submit them directly or use the feedback form provided.

Thank you for taking the time to review these proposals. We look forward to your response.
Further Information:
Proposal Number:
15-MGCS009
Posting Date:
November 18, 2016
Comments Due Date:
October 16, 2015
Contact Address:
Ministry of Government and Consumer Services
Consumer and Business Policy
777 Bay Street, 5th Floor
Toronto, ON M7A 2J3
Attention: Business Law Policy Consultation

businesslawpolicy@ontario.ca
Proposal Status:
Update Document: An intellectual property notice was added to the 2015 report.