MM2.6: Impact of Bill 23 on Insurance and Liability Issues

The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.

The decision

2023-11-30 · Planning and Housing Committee · adopted

As filed

The Planning and Housing Committee: 1. Received the report (November 14, 2023) from the Chief Financial Officer and Treasurer for information.

On the agenda

As the city filed it

At the December 14 and 15, 2022 meeting of City Council, Council requested the City Manager in consultation with the Toronto and Region Conservation Authority ("TRCA") to solicit feedback from banks, insurance companies and mortgage brokers to report back on the potential of any insurance and liability issues that the City, the Toronto and Region Conservation Authority, tenants, homeowners may face from residential developments in previously Conservation Authority regulated areas that are approved by the City or the Province of Ontario.

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This report has been prepared in response to the request of City Council.

Staff recommended

The Chief Financial Officer and Treasurer recommends that: 1. The Planning and Housing Committee receive this report for information.

On the record

The item as the City filed it