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Appointments

Ontario’s Cap-And-Trade Program Is Officially Dead

Posted in Appointments, Bylaws / Regulations, Communications, Employment, Finance, Industry Trends, Legislation, Newsworthy, Tax Law, Utility Management

Ontario’s Cap-And-Trade Program Is Officially Dead

Killing the program was one of Premier Doug Ford’s key election promises. The Ontario government has passed legislation to repeal the province’s cap-and-trade system, putting the final nail in the coffin of a program Premier Doug Ford has long promised to scrap. The bill was introduced in July but the final vote was delayed when an environmental group launched legal action against the government, alleging the province had flouted the province’s Environmental Bill of Rights by...

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Jennifer Keesmaat Needs A More Realistic Affordable Housing Plan

Posted in Appointments, Communications, Events, Housing, Industry Trends, Newsworthy

Jennifer Keesmaat Needs A More Realistic Affordable Housing Plan

Building 100,000 units in 10 years could be a very difficult promise to live up to. If elected on Monday, Oct. 22, Toronto mayoral candidate Jennifer Keesmaataims to build 100,000 affordable homes over 10 years. It is a bold idea, and it includes this wonderful round number, but let’s face it — this pledge is unrealistic. Why? First, even if she’s elected, along with other “ifs” (there are few details about her bold plan), there wouldn’t be a shovel hitting the...

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‘Shock and awe’: Life in Doug Ford’s Ontario

Posted in Appointments, Bylaws / Regulations, Communications, Development, Employment, Finance, Health & Safety, Housing, Industry Trends, Legislation

‘Shock and awe’: Life in Doug Ford’s Ontario

Doug Ford has wasted little time in his first month as premier of Ontario, leaving the business community to wonder whether a “shock and awe” approach can be sustained for his full term. The newly minted Progressive Conservative leader has kicked off his tenure at Queen’s Park by moving rapidly on a number of fronts – from carbon taxes to cannabis retail – Toronto city council and more. Every move thus far appears to have been designed to fulfill campaign promises to his supporters while...

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Canada cuts U.S., China out of talks on reforming global trade

Posted in Appointments, Bylaws / Regulations, Communications, Employment, Finance, Industry Trends

Canada cuts U.S., China out of talks on reforming global trade

Canada’s new Minister of International Trade Jim Carr has invited a dozen trade ministers to meet in October to discuss how to fix the World Trade Organization. But two countries have been left off the list: the U.S. and China. The goal is to “identify concrete and tangible ways the operation and function of the WTO can be advanced and improved over the short, medium, and long term,” Canada’s WTO Ambassador Stephen de Boer said in a phone interview. “The idea is that it is a discussion...

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Here’s what Trudeau’s new cabinet looks like

Posted in Appointments, Communications, Employment, Finance, Health & Safety, Housing, Industry Trends, Newsworthy

Here’s what Trudeau’s new cabinet looks like

Prime Minister Justin Trudeau unveiled a substantial cabinet shakeup Wednesday as he prepares his team for the next federal election. He shuffled a number of positions and added five new cabinet members. The prime minister also made some adjustments to current positions.   Here’s the complete cabinet list as it now stands. New ministers, those who have been shuffled   François-Philippe Champagne, Infrastructure and Communities Minister, previously Minister of International Trade Jim Carr,...

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Hydro One’s next CEO faces government risk, lower pay: Expert

Posted in Appointments, Communications, Employment, Finance, Industry Trends, Legal, Newsworthy, Professional Services, Utility Management

Hydro One’s next CEO faces government risk, lower pay: Expert

What should the new Hydro One (H.TO 1.79%) chief executive expect in their new role? According to one expert on executive compensation, the utility’s next leader should be prepared to run a company fraught with potential government interference and risk, a salary package below the industry standard – and the opportunity to run one of North America’s biggest electricity distributors during a period of intense consolidation. The abrupt retirement of former Hydro One CEO Mayo Schmidt and...

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New finance minister declares Ontario is ‘open for business’

Posted in Appointments, Appraisal, Bylaws / Regulations, Communications, Development, Employment, Finance, Housing, Industry Trends, Newsworthy

New finance minister declares Ontario is ‘open for business’

Ontario’s new finance minister wants to get the message out that the province is open for business. In his first television interview since being appointed Ontario’s finance minister, Vic Fedeli told BNN Bloomberg on Wednesday that he expects his new government to create a better investment environment in the province. “We are lowering corporate taxes, we are lowering small business taxes, we are lowering hydro costs, eliminating cap-and-trade,” Fedeli told BNN Bloomberg. “Those are all key...

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Doug Ford and Cabinet Sworn In

Posted in Appointments, Bylaws / Regulations, Communications, Employment, Finance, Health & Safety, Housing, Legal, Legislation, Newsworthy

Doug Ford and Cabinet Sworn In

Congratulations to Doug Ford, who was sworn in as Ontario’s 26th Premier earlier today.  The following Cabinet Ministers were also announced, and sworn in. FRPO looks forward to working with the new provincial government – with Premier Ford, Cabinet Ministers, Parliamentary Assistants, and all elected MPPs. As providers of rental-housing FRPO’s members have extensive experience and knowledge to share with the new government.  Working together we can stimulate much needed new supply and improve...

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Billions of dollars in limbo as Doug Ford nixes cap and trade

Posted in Appointments, Bylaws / Regulations, Communications, Finance, Industry Trends, Legislation, Newsworthy, Rebates, Tax Law, Utility Management

Billions of dollars in limbo as Doug Ford nixes cap and trade

The cancellation of Ontario’s cap-and-trade system will leave billions of dollars in carbon credits in limbo and consumers on the hook for pricey home upgrades that were expected to be part of a rebate program. Incoming premier Doug Ford has vowed to immediately dismantle cap and trade, but has offered few details on how the system will be wound down, and how or if participating companies will be reimbursed. Jennifer Small, president of a national group that represents the Canadian window and...

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‘Open for business’: Doug Ford’s Conservatives win Ontario election

Posted in Appointments, Communications, Employment, Finance, Health & Safety, Housing, Industry Trends, Newsworthy

‘Open for business’: Doug Ford’s Conservatives win Ontario election

Doug Ford, whose populist message of smaller government and tax cuts drew comparisons to Donald Trump, will be the next premier of Canada’s most populous province and economic engine. Ford’s Progressive Conservatives won 76 of Ontario’s 124 districts in Thursday’s election, according to Elections Ontario. His decisive win ends 15 years of Liberal Party rule, and his majority government will be able to run the province without the support of another party. Ford, 53, a former city councilor and...

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