Amendments to Regulations made under the Municipal Act, 2001 and the City of Toronto Act, 2006 – Conditional Loans with the Canada Infrastructure Bank
Reg. 654/05 (Debt-Related Financial Instruments and Financial Agreements, under the Municipal Act, 2001) and O. Reg. 610/06 (Financial Activities, under the City of Toronto Act, 2006) were amended on December […]
Powers of Outgoing Municipal Councils in an Election Year – Reminder
As you know, regular municipal elections are to be held on the fourth Monday in October. This year’s municipal election will take place on Monday, October 22, 2018. Nomination papers […]
Prudent Investor Legislative Provisions Update – Third
On Monday, October 10, 2017 the Ministry of Municipal Affairs posted on Ontario’s Regulatory Registry a summary of proposed regulatory changes under the Municipal Act, 2001 and the City of Toronto Act, 2006. […]
Prudent Investor Legislative Provisions Update – Second
Further to our update of September 14, 2017, the changes to the Municipal Act regarding prudent investment have not yet been proclaimed in force. We are monitoring them closely and […]
Prudent Investor Legislative Provisions Update
We have been advised by a communications official at the Ministry of Municipal Affairs that the prudent investor provisions under the Municipal Act, 2001 (the “Act”) are expected to be proclaimed in force next week (no reference however to the relevant regulations).