
"Ontario Premier Doug Ford's government is moving ahead with its plan to create so-called special economic zones to push forward projects it deems important, and is considering including "moon shot" ideas to qualify. The power to designate parts of the province as special economic zones was created in the controversial Bill 5, a law the government says is necessary to speed up construction of large infrastructure projects, particularly mines, in a time of global economic uncertainty."
"The law allows cabinet to suspend provincial and municipal laws in special economic zones, and the province is now consulting on a draft of the criteria for designating specific zones, projects and project proponents. The proposed criteria for projects include having significant and long-term benefits for Ontario, strengthening local communities and having a high likelihood of success. However, the government is also contemplating whether projects unlikely to succeed should be included, asking as a question in the consultations:"
Ontario Premier Doug Ford's government is advancing a plan to create special economic zones to accelerate projects deemed important. Bill 5 grants cabinet the authority to designate parts of the province as special economic zones. The law allows cabinet to suspend provincial and municipal laws within designated zones. The province is consulting on draft criteria to designate specific zones, projects and proponents. Proposed project criteria include significant long-term benefits for Ontario, strengthening local communities and a high likelihood of success. The government is also asking whether potentially important 'moon shot' projects with low likelihood but enormous impact should be eligible. Consultation documents state that existing laws remain in effect until specifically exempted by regulation.
Read at www.cbc.ca
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