Amendments to R.R.O. 1990, Regulation 753 (Grades, Standards, Designations, Classes, Packing and Marking), under the Milk Act.
The Ontario Farm Products Marketing Commission has amended R.R.O. 1990, Regulation 753 (Grades, Standards, Designations, Classes, Packing and Marking), under the Milk Act.
Interim Direction of Proceeds from Clean Energy Credit Sales
Ontario Regulation 39/23 has been amended to direct the Independent Electricity System Operator (IESO) and Ontario Power Generation (OPG) to hold net proceeds from the sale of clean energy credits (CECs) and is required for these organizations to meet their accounting requirements for the 2023 calendar year. This is an interim measure until the Future Clean Electricity Fund (FCEF) is established.
Proposed amendments to the Securities Act, Commodity Futures Act, and the Financial Services Regulatory Authority of Ontario Act, 2016, that would reduce the minimum consultation period for proposed rules made by the Financial Services Regulatory Authority of Ontario (FSRA) and the Ontario Securities Commission (OSC) from 90 days to 60 days.
As part of the Less Red Tape, More Common Sense Act, 2023, introduced on October 19, 2023 and led by the Ministry of Red Tape Reduction, the Ministry of Finance has proposed legislative amendments to subsection 143.2(4) of the Securities Act, subsection 67(4) of the Commodity Futures Act and subsection 22(4) of the Financial Services Regulatory Authority of Ontario Act, 2016 to reduce the statutory minimum consultation period for which the two agencies need to consult on their proposed rules from 90 days to 60 days.
Proposed Amendments to the Niagara Escarpment Planning and Development Act
The Niagara Escarpment Planning and Development Act has been updated to remove the requirement to publish notices of proposed amendments to the Niagara Escarpment Plan and associated hearings in newspapers, enable broader exemptions for low-risk activities, and broaden the range of compliance tools for the Niagara Escarpment Commission.
Proposed GO Transit Station Funding Act, 2023
The proposed GO Transit Station Funding Act, 2023, if passed, would create a new optional funding tool to allow municipalities to fund the design and construction of new GO stations and recoup the costs through a charge on new development within specified areas surrounding those new stations.