mcmillanvantage logo
  • Home
  • About
    • About
    • Values
    • Media
    • Subscribe to Our Communications
  • Our Team
  • Services
    • Crisis Communications
    • Government Relations
    • Policy and Regulatory Analysis
    • Strategic Communications
    • Social Impact
    • Corporate Responsibility
  • Spotlight
  • Careers
  • Contact Us
    • English
    • Français
mcmillanvantage logo
    Home About
      About Values Media Subscribe to Our Communications
    Our Team Services
      Crisis Communications Government Relations Policy and Regulatory Analysis Strategic Communications Social Impact Corporate Responsibility
    Spotlight Careers Contact Us
      English Français
    Home > Spotlight > Ontario’s Legislature Returns: What To Expect

Ontario’s Legislature Returns: What To Expect

Published On: 02/18/2020

The winter session of Ontario’s legislature is set to begin today after a two-month break. While MPP’s and government ministers have been hard at work in their constituencies during the break, the reconvening of the legislature occasions the resumption of legislative debates and, importantly, the tabling of the provincial budget for fiscal 2020/21

Along with the start of a new session, the Progressive Conservative Party of Ontario will convene its policy convention in Niagara Falls on February 21-22.  The Ontario Liberal Party will hold its Leadership Election in Toronto on March 7.

Here’s what you need to know about the upcoming session:

  1. 2020 Budget – Road to Balance 

    Last week, the Ministry of Finance wrapped up formal consultations for this year’s budget. Feedback was clear: a need to make life more affordable, continued investment in key services, and ensuring that the provincial government operates on sound financial footing.

    With this feedback, the Ministry of Finance will take pen to paper and lay out the priorities for the next fiscal year. The 2020 budget will be tabled in early April around the same time as the federal government presents its first budget in this minority parliament.

    The Ford government released its quarterly update in January. It projected a deficit of $9.0 billion in 2019–20, an improvement of $1.3 billion from the outlook presented in the 2019 Budget. Real GDP grew by 0.6 per cent, following a gain of 0.8 per cent in the second quarter.

  2. Red-Tape Reduction

    Following on the heels of last April’s Ontario’s Competitiveness Act, the Ontario government is expected to continue its commitment to reduction in regulatory roadblocks for businesses and services in the province. 

  3. Capital Market Regulations

    Two weeks ago, the government announced the first Capital Markets Modernization Taskforce in the province in more than 15 years. The Taskforce is mandated to review and modernize the province’s capital markets regulations. The goal is to streamline capital market regulations by targeting regulatory burdens that stifle innovation, while levelling the playing field for small and medium-sized businesses. The government is also seeking recommendations to improve investor protection.
  4. Ontario Cannabis Market

    Earlier this month, in a move designed to create a more open market for cannabis in the province, the Ontario government announced that it is considering allowing the establishment of cannabis lounges and cafes. The announcement triggered the launch of a public consultation on this proposal.  

The Halfway Point – Mandate Fulfillment and Emergent Issues?

The end of this session will mark the halfway point of the Ford government’s mandate. We expect that the government will continue to address issues relating to the transit, alcohol modernization and affordability promises made during the last provincial election. However, province-wide teachers’ strikes and railway blockades are dominating the headlines. Therefore, the Ontario Conservatives will be tested as they seek to advance their policy agenda while at the same time dealing with emergent issues that typically bedevil governments of all political stripes.  

Stay on top of it all with McMillan Vantage Policy Group.

 

Post navigation

<< Previous
Next >>

Offices

1 888 603 7720

Vancouver

Royal Centre, Suite 1500
1055 West Georgia Street, PO Box 11117
Vancouver, British Columbia
Canada V6E 4N7
Telephone 1 888 603 7720

Calgary

TD Canada Trust Tower, Suite 1700
421 7th Avenue S.W.
Calgary, Alberta
Canada T2P 4K9
Telephone  1 888 603 7720

Toronto

Brookfield Place, Suite 4400
181 Bay Street
Toronto, Ontario
Canada M5J 2T3
Telephone  1 888 603 7720

Ottawa

World Exchange Plaza, Suite 2000
45 O’Connor Street
Ottawa, Ontario
Canada K1P 1A4
Telephone 1 888 603 7720

Montréal

1000 Sherbrooke Street West
Suite 2700
Montréal, Québec
Canada H3A 3G4
Telephone 1 888 603 7720

Hong Kong

3508, Two Pacific Place
88 Queensway
Hong Kong, China
Telephone 852.2218.7418

McMillan Vantage © 2021
  • Accessibility
  • Privacy Policy
  • Contact Us
  • Site Map
Subscribe
  • LinkedIn
  • Twitter
This site uses cookies to offer you the best experience on our website. By continuing to use this website you agree to our use of cookies. View our Cookie Policy.