Bill 106, the Protecting Condominium Owners Act has passed 3rd reading and Royal Assent is expected shortly.
Following is a message our office received on December 2, 2015 from the Ministry of Government and Consumer Services:
As you know, Bill 106, the Protecting Condominium Owners Act, 2015, was introduced in the legislature on May 27, 2015, began 2nd Reading debate on September 15, 2015 and was referred to the Standing Committee on Finance and Economic Affairs on October 7, 2015.
Earlier today, Bill 106 passed Third Reading and Royal Assent is expected shortly. For more information, please see the following news release: http://news.ontario.ca/mgs/en/2015/12/ontario-passes-legislation-to-protect-condo-owners.html.
You can view the Bill online: http://www.ontla.on.ca/web/bills/bills_detail.do?locale=en&Intranet=&BillID=3399.
Ontario plans to move quickly to deliver upon the key commitments of this act. The province will continue to consult with members of the public and stakeholders to gather their expertise during the development of regulations and implementation of this important legislation.
We will continue to communicate updates regarding condo reform as we move ahead with implementation and regulation development.
On behalf of the Ministry of Government and Consumer Services, I want to thank you, once again, for your continued interest and involvement in the reform of Ontario’s Condominium Act, 1998.