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ARTICLE · 09 OCTOBER 2025

Protect Ontario By Securing Affordable Energy For Generations Act, 2025: Key Takeaways

McCarthy Tétrault
McCarthy Tétrault
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McCarthy Tétrault

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On June 3, the Government of Ontario introduced Bill 40, Protect Ontario by Securing Affordable Energy for Generations Act, 2025 ("Bill 40"). While Bill 40 has not received Royal Assent...

CanadaEnergy and Natural Resources
Canadian Energy Perspectives
Canadian Energy Perspectives
Gwenyth Wren
Gwenyth Wren
Gordon Nettleton
Gordon Nettleton
Ljuba Djurdjevic
Ljuba Djurdjevic
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On June 3, the Government of Ontario introduced Bill 40, Protect Ontario by Securing Affordable Energy for Generations Act, 2025 ("Bill 40"). While Bill 40 has not received Royal Assent, industry participants should be aware of the proposed changes and the government's direction on both future energy growth objectives, hydrogen opportunities, and data centre connectivity.

"Economic Growth" Mandate

Bill 40 amends the Electricity Act and the Ontario Energy Board Act, codifying "economic growth" as a formal objective for the Independent Electricity System Operator ("IESO") and the Ontario Energy Board ("OEB"). If Bill 40 receives Royal Assent, both agencies will be statutorily required under their respective Acts to consider economic growth in their planning and regulatory processes. The agencies are to fulfill the objective of supporting economic growth "consistent with the policies of the Government of Ontario" thereby sending a clear policy signal that energy

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