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Order in Council 1434/2016

On the recommendation of the undersigned, the Lieutenant Governor of Ontario, by and with the advice and concurrence of the Executive Council of Ontario, orders that:

whereas the Ontario Retirement Pension Plan Administration Corporation (the “Corporation”), an agent of the Crown established under the Ontario Retirement Pension Plan Administration Corporation Act, 2015 , entered into a sublease for office space on the third and fourth floors of the building known municipally as 2 Queen Street East, Toronto and legally described in

Schedule “A” attached hereto (the “Premises”);

and

whereas , on June 20, 2016, an agreement in principle to enhance the Canada Pension Plan was reached between Ministers of Finance of Canada, British Columbia, Alberta, Saskatchewan, Ontario, New Brunswick, Prince Edward Island, Nova Scotia, and Newfoundland and Labrador, with Quebec and Manitoba agreeing to remain part of the discussions moving forward (the “Agreement in Principle”);

and

whereas , pursuant to Order in Council 1085/2016, the Lieutenant Governor in Council approved the Agreement in Principle reached on June 20, 2016;

and

whereas , the Corporation’s operations have been substantially wound up;

and

whereas , pursuant to the Ministry of Infrastructure Act, 2011 , the Minister of Infrastructure is responsible for certain real property or interests in real property held for the use or purposes of the Ontario Government;

and

whereas , Ontario Infrastructure and Lands Corporation ( “OILC” ) has been delegated the Minister of Infrastructure’s authorities with respect to real property or interests in real property;

and

whereas , OILC has indicated there is a need within the Ministry of Infrastructure’s general real estate portfolio for the Premises and therefore it is desirable to transfer administration and control of the Premises to the Minister of Infrastructure for inclusion in the Ministry of Infrastructure’s general real estate portfolio and usual management by OILC ;

and

whereas , the Corporation wishes to assign the Premises to the Provincial Crown as represented by the Minister of Infrastructure for the use and purposes of the Crown;

and

whereas the Minister of Infrastructure has consented to the transfer of administration and control of the Premises for inclusion in the Ministry of Infrastructure’s general real estate portfolio;

now therefore , pursuant to the Royal Prerogative:

(

a) the administration and control of the Premises are transferred from the Corporation to the Minister of Infrastructure for the use and purposes of the Ontario Government; and

(

b) the Corporation and the Minister of Infrastructure or his delegate are hereby authorized to execute such documents as may be necessary to carry out the assignment of the Premises.

Appendix -

Schedule A

Ministry of Finance

Approved and Ordered:

October 05, 2016

Updated: June 29, 2022

Published: January 31, 2017