Regulation - Other
Proposed regulation under the Rebuilding Ontario Place Act, 2023 to vest land
Regulation Number(s):
75/24
77/24
77/24
Instrument Type:
Regulation - Other
Bill or Act:
Rebuilding Ontario Place Act, 2023
Summary of Decision:
On February 26, 2024, Ontario Regulation 75/24 was made under the Rebuilding Ontario Place Act, 2023 to acquire certain City-owned lands (6 acres of land and 10 acres of water lots) at Ontario Place, prescribe lands, including the newly vested lands, for the purposes of the definition of the "Ontario Place site" in the Act, exempt undertakings on the newly vested lands from the application of the Environmental Assessment Act and provisions on the continued operations of the Combined Sewer Outflows (CSOs) located on the newly vested lands.
On February 29, 2024, Ontario Regulation 77/27 Non-Application of Ontario Heritage Act was made under the Rebuilding Ontario Place Act, 2023, to exempt the newly vested lands, and buildings and structures from the Ontario Heritage Act.
On February 29, 2024, Ontario Regulation 77/27 Non-Application of Ontario Heritage Act was made under the Rebuilding Ontario Place Act, 2023, to exempt the newly vested lands, and buildings and structures from the Ontario Heritage Act.
Analysis of Regulatory Impact:
The proposed regulation is not expected to add regulatory burden to businesses, not-for-profits or the public sector and is not expected to introduce new direct administrative compliance costs. Future regulations may be introduced to set out a methodology for appraisal of the lands which would be used as the basis for providing compensation to the City of Toronto for the lands acquired by the province.
Further Information:
O. Reg. 75/24: GENERAL
Proposal Number:
24-MOI002
Posting Date:
March 13, 2024
Summary of Proposal:
The Government of Ontario is rebuilding Ontario Place into a world-class, year-round destination that will include family-friendly entertainment, public and event spaces, parkland, and waterfront access.
The Ministry of Infrastructure is developing a regulation under the Rebuilding Ontario Place Act, 2023 (ROPA) to vest certain City of Toronto-owned lands (approximately 6 acres of land and 10 acres of water lots) at Ontario Place in the Crown. The province requires this land to rebuild Ontario Place. Specifically, these lands are needed to:
• guarantee legal access to island components of the Ontario Place site;
• enable site preparation work such as servicing replacement, shoreline repairs, flood mitigation works and environmental investigations; and
• facilitate a planning approval process for redeveloping the lands.
The proposed regulations would include provisions to vest the lands, prescribe lands, including the newly vested lands, for the purposes of the definition of the "Ontario Place site" in the Act, exempt undertakings on the newly vested lands from the application of the Environmental Assessment Act, and would exempt the newly vested lands from the Ontario Heritage Act. Future regulations may be introduced to set out a methodology for appraisal of the lands.
Rebuilding Ontario Place will bring many benefits to the province and the people of Ontario, including:
• Approximately 5,000 new jobs during both construction and permanent operations
• Enhanced profile of Toronto's downtown waterfront for local, provincial, national and international visitors, attracting an estimated four to six million visitors each year)
• Private sector investments of $500 million in capital on the site
The Ministry of Infrastructure is developing a regulation under the Rebuilding Ontario Place Act, 2023 (ROPA) to vest certain City of Toronto-owned lands (approximately 6 acres of land and 10 acres of water lots) at Ontario Place in the Crown. The province requires this land to rebuild Ontario Place. Specifically, these lands are needed to:
• guarantee legal access to island components of the Ontario Place site;
• enable site preparation work such as servicing replacement, shoreline repairs, flood mitigation works and environmental investigations; and
• facilitate a planning approval process for redeveloping the lands.
The proposed regulations would include provisions to vest the lands, prescribe lands, including the newly vested lands, for the purposes of the definition of the "Ontario Place site" in the Act, exempt undertakings on the newly vested lands from the application of the Environmental Assessment Act, and would exempt the newly vested lands from the Ontario Heritage Act. Future regulations may be introduced to set out a methodology for appraisal of the lands.
Rebuilding Ontario Place will bring many benefits to the province and the people of Ontario, including:
• Approximately 5,000 new jobs during both construction and permanent operations
• Enhanced profile of Toronto's downtown waterfront for local, provincial, national and international visitors, attracting an estimated four to six million visitors each year)
• Private sector investments of $500 million in capital on the site
Contact Address:
College Park 2nd Floor, 777 Bay St, Toronto, ON M5G 2E5
Effective Date:
February 29, 2024
Decision:
Approved