INSIGHTS
Ontario Budget Analysis 2020: What A Difference A Year Makes
Today, Ontario Finance Minister Rod Phillips delivered what is technically his first, and the Ford Government’s second, full Ontario Budget. Our clients and regular readers will know that the Ontario budget is typically delivered in March, in anticipation of the government’s fiscal year which is from April 1st to March 31st In normal times, the Minister of Finance would rise in the Legislature in November to deliver a Fall Economic Statement. While these have come to be known as “mini budgets” they are more correctly a report on government finances after half of the fiscal year has passed.
Federal Government Announces Appointment of Ehren Cory as CEO of the CIB, NRCan Launches New $750 Million Fund for Oil and Gas Companies to Reduce Methane Emissions
Today, the Minister of Infrastructure and Communities, Hon. Catherine McKenna, confirmed the appointment of Ehren Cory as the Chief Executive Officer of the Canada Infrastructure Bank. Mr. Cory will be focused on the CIB’s strategic direction including implementing the $10B Growth Plan (unveiled earlier this month) to accelerate infrastructure investment in Canada.
Federal Government Announces New $1 Billion Rapid Housing Initiative
Today, Prime Minister Justin Trudeau, alongside Minister of Families, Children and Social Development Ahmed Hussen announced a $1 billion investment to launch the new Rapid Housing Initiative which will support the development of affordable housing units. Almost $300 million of this new housing investment will go to Ontario’s large municipalities.
A Recap of Waste Reduction Week in Ontario
Today is the last day of Waste Reduction Week in Canada, a yearly campaign focused on the principles of the circular economy, resource efficiency, and waste reduction. This effort raises awareness about waste management, recognizes environmental achievement, and encourages the development of new innovative ideas for effective resource recovery.
Towards a Trusted and Accountable Modernized OEB
On October 1 2020, the Minister of Energy, Northern Development and Mines (MENDM) issued a mandate letter to the Ontario Energy Board (OEB) setting out his expectations with respect to the OEB’s service and performance priorities for the coming year.
Ontario Associate Minister of Small Business and Red Tape Reduction Delivers on Both
Ontario’s Associate Minister of Small Business and Red Tape Reduction has tabled two significant initiatives designed to provide real world, tangible help to Ontario businesses and the people who depend on them for their livelihoods.
2021-2024 CDM Framework Directive Issued by Ontario Minister of Energy, Northern Development and Mines to IESO
The Minister of Energy, Northern Development and Mines (MENDM) has issued a directive to the Independent Electricity System Operator (IESO) to implement a 2021-2024 Conservation and Demand Management (CDM) Framework launching the week of January 4, 2021.
CERB Replacement Passes House of Commons in First Trudeau Confidence Measure
The House of Commons unanimously passed legislation containing new benefits for Canadians unemployed because of COVID-19 and for workers forced to take time off because of illness, isolation, or family care needs.