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ARTICLE · 02 MAY 2025

Protect Ontario By Unleashing Our Economy Act, 2025: Must-Know Highlights

McCarthy Tétrault
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On April 17, 2025, the provincial government introduced Bill 5, titled Protect Ontario by Unleashing our Economy Act, 2025 ("Bill 5"). This legislative proposal consists of 10 separate schedules, some proposing minor adjustments to legislation, and others proposing entirely new regimes

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Canadian ERA Perspectives
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Alexander Steele
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On April 17, 2025, the provincial government introduced Bill 5, titled Protect Ontario by Unleashing our Economy Act, 2025 ("Bill 5"). This legislative proposal consists of 10 separate schedules, some proposing minor adjustments to legislation, and others proposing entirely new regimes. This is the latest in Ontario's effort to reduce regulatory barriers to project development and stimulate economic growth.

Ontario's stated purpose for Bill 5 is to protect the Ontario economy from global economic headwinds by streamlining and accelerating the permitting and approvals processes for mining and critical infrastructure projects, protecting the mineral supply chain and limiting foreign participation in the province's energy sector.

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