Ontario seizes control of Billy Bishop Airport lands from City of Toronto and bans further city dealings

Plain-language summary · AI-assisted

Ontario has enacted a new law that allows the provincial Crown to take ownership of specified Billy Bishop Toronto City Airport lands and all buildings, structures, fixtures and improvements on those lands currently owned or controlled by the City of Toronto. Once land is prescribed by the Minister, ownership vests in the Crown and the City loses all authority over it. Effective immediately upon the Act receiving First Reading (retroactively), the City is prohibited from selling, encumbering, or otherwise dealing with any of the identified airport properties, and any attempt to do so is void. The City is also deemed to have assigned its rights and obligations under the 1983 Tripartite Agreement (between Canada, Toronto and the Toronto Port Authority) to the Crown. The Crown must pay the City market-value compensation based on an appraisal, with disputes resolved by binding arbitration, but nearly all other legal claims against the Crown arising from this Act are extinguished. City of Toronto officials should immediately notify the Minister of any pending dealings involving these lands and review their obligations under the Tripartite Agreement.

Who this affects
City of Toronto · Toronto Port Authority · airport operators and tenants at Billy Bishop Toronto City Airport · parties holding agreements or interests in the identified airport lands