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Ontario Assembly Bill

Ontario Bill 2

43rd Parl. 1st Sess.
September 08, 2022
Plan to Build Act (Budget Measures), 2022
  • This is a summary of Bill 2, which is a law in Ontario. It includes several amendments to existing laws and the enactment of new laws. Here are the main points: - Schedule 1: The City of Toronto Act, 2006 is amended to allow the TTC (Toronto Transit Commission) to enter into agreements with municipalities or local boards to operate and maintain parts of the local passenger transportation system within the city. - Schedule 2: The Insurance Act is amended to require insurers to provide information about automobile insurance fraud to the Chief Executive Officer or an agency designated by them. The Act is also amended to provide for related rules to be made by the Authority. - Schedule 3: The Ontario Capital Growth Corporation Act, 2008 is amended to change the name of the Corporation to Venture Ontario in English and Croissance Ontario in French. - Schedule 4: The Ontario Loan Act, 2022 is enacted, authorizing the Crown to borrow a maximum of $24.2 billion. - Schedule 5: The Taxation Act, 2007 is amended to make changes to the low-income individuals and families tax credit, the Ontario book publishing tax credit, and the regional opportunities investment tax credit. It also introduces a new Ontario seniors care at home tax credit. - Schedule 6: The Workplace Safety and Insurance Act, 1997 is amended to remove the requirement for the main offices of the Workplace Safety and Insurance Board to be in the City of Toronto. Overall, these amendments and new laws cover various areas such as transportation, insurance, finance, taxation, and workplace safety.
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Assembly Motion No. 4335

43rd Parl. 1st Sess. (ON)
Sept. 8, 2022, 2 p.m.
  • Bill 2
  • Latest: Royal Assent received. Statutes of Ontario 2022, chapter 17
  • Bill 2, An Act to implement Budget measures and to enact and amend various statutes.