Proposed Regulations Related to Parts V and VII of the Insurance Act
Regulations to (1) distinguish whether Part V and VI I amendments apply to all Part V and VII insurance policies, whether issued on or after or existing prior to proclamation or apply on a forward-looking basis to policies issued on or after proclamation (2) add types of information to be kept confidential when an insured person or claimant under a group insurance policy exercises a new right to receive a copy of the group policy
Increasing the Reporting Threshold for Property Damage Only (PDO) Collisions in Ontario
The Ministry of Transportation (MTO) is proposing amendments to Ontario Regulation 596 (General), which prescribes the threshold value for reporting property damage collisions (PDO) for the purpose of the Highway Traffic Act (HTA) section 199, subsection (1). The proposed change currently under consideration will increase the property damage reporting threshold from $1,000 to $2,000.
Social Enterprise Panel Findings and Recommendations Report
A panel of expert stakeholders interested in the field of social enterprise makes recommendations on the potential for framework social enterprise legislation for the incorporation of hybrid corporations (i.e. for-profit corporations with a dedicated social purpose, and required to reinvest a portion of profits into that social purpose).