Cap and Trade Cancellation Act, 2018 — Bill 4 (42nd Parliament, 1st Session)

Bill 4, 42-1

Ontario — Bills

Cap and Trade Cancellation Act, 2018 — Bill 4 (42nd Parliament, 1st Session)

Bill 4, 42-1

Ontario — Bills

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Bill 4, Cap and Trade Cancellation Act, 2018

Phillips, Rod Minister of the Environment, Conservation and Parks

Royal Assent received. Statutes of Ontario 2018,

chapter 13

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As Amended by Standing Committee

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Bill 4 Royal Assent (PDF)

EXPLANATORY

NOTE

This Explanatory Note was written as a reader’s

aid to Bill 4 and does not form part of the law.

Bill 4 has been enacted as

Chapter 13 of the Statutes of Ontario, 2018.

The

Bill sets out the Cap and Trade Cancellation Act, 2018 , which repeals the Climate

Change Mitigation and Low-carbon Economy Act, 2016 and provides for

various matters related to the wind down of the Cap and Trade Program.

Under

the Cap and Trade Cancellation Act, 2018 , the Government is required to establish

targets for reducing the amount of greenhouse gas emissions in Ontario. The

Minister of Environment, Conservation and Parks is required to prepare a

climate change plan and to prepare progress reports in respect of the plan.

With

respect to the wind down of the Cap and Trade Program, the matters addressed by

the Act include the following:

1. The

retirement and cancellation of cap and trade instruments.

2. The

payment by the Crown of compensation in respect of cap and trade instruments,

the amount of which is to be determined in accordance with the regulations. The

obligation to pay compensation is subject to various limitations set out in the

Act.

3. Preventing

any cause of action from arising against the Crown and specified related

persons as a result of various specified matters, including the enactment of

the Act and the repeal of the Climate Change Mitigation

and Low-carbon Economy Act, 2016 .

4. The

extinguishment of any existing proceedings, and the prevention of any future

proceedings, against the Crown and other specified related persons, in relation

to specified matters.

Bill 4 2018

Act respecting the preparation of a climate change plan, providing for the wind

down of the cap and trade program and repealing the Climate Change Mitigation

and Low-carbon Economy Act, 2016

Contents

General

Interpretation

Attribution

of emissions

Targets, Plan and Progress Reports

Targets

Climate

change plan

Minister’s

progress reports

Cap and Trade Instruments

Retirement

of eligible instruments

Cancellation

of instruments

Compensation in Respect of Cap

and Trade Instruments

Compensation

to participant

General

compensation

cause of action

Continuation

of account

Non-application

of Financial Administration Act

Existing

aboriginal or treaty rights

Delegation

by Minister

Regulations,

general

Repeal, Commencement and

Short Title

Repeal

Commencement

Short

title

Her

Majesty, by and with the advice and consent of the Legislative Assembly of the

Province of Ontario, enacts as follows:

General

Interpretation

(1) In this Act,

“cap

and trade accounts” means, in relation to a participant, the cap and trade

accounts that were established under the Climate Change

Mitigation and Low-carbon Economy Act, 2016 for the participant; (“comptes du

programme de plafonnement et d’échange”)

“cap

and trade instrument” means an instrument described in subsection (2); (“instrument

du programme de plafonnement et d’échange”)

“CO 2 e”

means, when used in reference to a quantity of greenhouse gas, the equivalent

quantity of carbon dioxide, calculated in accordance with the regulations; (“éq.

CO 2 ”)

“greenhouse

gas” means a prescribed greenhouse gas; (“gaz à effet de serre”)

“Minister”

means the Minister of the Environment, Conservation and Parks or such other

member of the Executive Council as may be assigned the administration of this

Act under the

Executive Council Act ; (“ministre”)

“participant”

means a person who was registered as a mandatory participant, a voluntary

participant or a market participant under the Climate

Change Mitigation and Low-carbon Economy Act, 2016 on July 3, 2018; (“participant”)

“person” includes an individual, corporation, partnership,

sole proprietorship, association or any other organization or entity;

(“personne”)

“prescribed” means prescribed by a regulation made under this

Act. (“prescrit”)

Cap

and trade instrument

(2) For

the purposes of the definition of “cap and trade instrument” in subsection (1),

a cap and trade instrument means one of the following:

1. An

Ontario emission allowance within the meaning of subsection 1 (1) of the Climate Change Mitigation and Low-carbon Economy Act, 2016

as that provision read immediately before the repeal of that Act.

2. An

Ontario credit within the meaning of subsection 1 (1) of the Climate Change Mitigation and Low-carbon Economy Act, 2016

as that provision read immediately before the repeal of that Act.

3. An

instrument that was, on July 2, 2018, set out in Column 1 of the Table to

section 10.1 of Ontario Regulation 144/16 (The Cap and Trade Program) made

under the Climate Change Mitigation and Low-carbon Economy

Act, 2016 .

Attribution

of emissions

(1) For the purposes of this Act, the amount of

all greenhouse gas emissions attributed to a participant is the amount

prescribed by the regulations or determined in accordance with the regulations.

Same

(2) Despite

subsection (1), in prescribed circumstances the amount of greenhouse gas

emissions shall be determined by the Minister in accordance with the

regulations.

Opportunity

to be heard

(3) If

the Minister proposes to determine the amount of greenhouse gas emissions to be

attributed to a participant, the Minister shall give the participant notice of

the proposal in accordance with the regulations and shall, in accordance with

the regulations, give the participant an opportunity to be heard.

Equivalence

in CO 2 e

(4) Each

cap and trade instrument is equivalent to one tonne of CO 2 e or such

other amount of CO 2 e as may be prescribed.

Targets, Plan and Progress Reports

Targets

(1) The Government shall establish targets for

the reduction of greenhouse gas emissions in Ontario and may revise the targets

from time to time.

Public

notice

(2) The

Government shall make the targets and any revisions to them available to the

public on a website of the Government or in such other manner as may be

prescribed.

Climate

change plan

(1) The Minister,

with the approval of the Lieutenant Governor in Council, shall prepare a

climate change plan and may revise the plan from time to time.

Advisory

panel

(2) The

Minister may, for the purpose of taking any steps with respect to the climate

change plan, appoint panels to perform such advisory functions as the Minister

considers advisable.

Public

notice

(3) The

Minister shall make the plan and any revisions to it available to the public on

a website of the Government or in such other manner as may be prescribed.

Status

(4) For

greater certainty, the plan and any revisions to it are not undertakings within

the meaning of the Environmental Assessment Act .

Minister’s

progress reports

(1) The Minister shall, on a regular basis,

prepare reports in respect of the climate change plan.

Public

notice

(2) The

Minister shall make each report available to the public on a website of the

Government or in such other manner as may be prescribed.

Cap and Trade Instruments

Retirement

of eligible instruments

Eligible

instrument

(1) In this section,

“eligible

instrument” means a cap and trade instrument that,

(

a) was

held in the cap and trade accounts of a participant on July 3, 2018, and

(

b) is

not classified with or assigned a vintage year of 2021.

Retirement

(2) Eligible

instruments of a participant are retired as follows:

1. If

the number of eligible instruments of the participant is equal to or greater

than that aggregate amount of all greenhouse gas emissions attributed to the

participant in respect of the prescribed time period, the number of eligible

instruments equivalent to that aggregate amount shall be retired.

2. If

the number of eligible instruments of the participant is less than the aggregate

amount of all greenhouse gas emissions attributed to the participant in respect

of the prescribed time period, all of the eligible instruments shall be retired.

Cancellation

of instruments

7 The following cap and trade instruments are cancelled:

1. All

cap and trade instruments held in the cap and trade accounts of participants on

July 3, 2018, other than any number of cap and trade instruments in the

accounts that are retired under

section 6.

2. All

cap and trade instruments that were created under the Climate

Change Mitigation and Low-carbon Economy Act, 2016 and were never

distributed.

Compensation in Respect of Cap and Trade Instruments

Compensation to participant

(1) The

Crown shall pay compensation, out of money appropriated under

section 11 or

money otherwise appropriated for such purposes by the Legislature, to a

participant in accordance with this

section and the regulations.

Emissions

to be expressed as equivalent number of cap and trade instruments

(2) For

the purposes of applying this section, the number of tonnes of greenhouse gas

emissions shall be expressed as the equivalent number of cap and trade

instruments, as determined in accordance with subsection 2 (4).

instruments distributed free of charge do not exceed aggregate emissions

(3) If

the number of instruments that were distributed free of charge to the

participant under the Climate Change Mitigation and

Low-carbon Economy Act, 2016 is equal to or less than the aggregate

amount of all greenhouse gas emissions attributed to the participant in respect

of the prescribed time period, the maximum number of cap and trade instruments

in respect of which compensation may be paid to a participant shall be determined

by applying the following formula:

= B − C

where,

= the maximum number of cap and trade instruments in respect of which

compensation may be paid to the participant,

= the number of cap and trade instruments held in the participant’s cap and

trade accounts that are cancelled under paragraph 1 of

section 7, and

= the number of the participant’s cap and trade instruments referred to in “B”

that are classified with or assigned a vintage year of 2021.

instruments distributed free of charge exceed aggregate emissions

(4) If

the number of instruments that were distributed free of charge to the

participant under the Climate Change Mitigation and

Low-carbon Economy Act, 2016 is greater than the aggregate amount of all

greenhouse gas emissions attributed to the participant in respect of the

prescribed time period, the maximum number of cap and trade instruments in

respect of which compensation may be paid to a participant shall be determined

by applying the following formula:

= (B − C) − (D −

E) where,

= the maximum number of cap and trade instruments in respect of which

compensation may be paid to the participant,

= the number of cap and trade instruments held in the participant’s cap and

trade accounts that are cancelled under paragraph 1 of

section 7,

= the number of the participant’s cap and trade instruments referred to in “B”

that are classified with or assigned a vintage year of 2021,

= the number of cap and trade instruments that were distributed free of charge

to the participant, and

= the aggregate amount of all greenhouse gas emissions attributed to the

participant in respect of the prescribed time period.

compensation, specified participants

(5) Unless

otherwise provided by a regulation made under paragraph 5 of subsection 15 (2),

no compensation shall be paid to the following participants:

1. A

participant that was registered as a market participant within the meaning of

the Climate Change Mitigation and Low-carbon Economy Act,

2016 .

2. A

participant that was registered as a participant with respect to the

importation of electricity into Ontario for consumption in Ontario.

3. A

participant that was registered as a participant with respect to the

distribution of natural gas in Ontario.

4. A

participant that was registered as a participant with respect to the operation

of equipment related to the transmission, storage or transportation of natural

gas in Ontario.

5. A

participant that was registered as a participant with respect to the supply of

petroleum products for consumption in Ontario.

6. A

participant that was registered as a participant with respect to the operation

of equipment for a transmission system within the meaning of subsection 2

(1) of the Electricity Act, 1998 and that has been

issued an order under subsection 78 (3) of the Ontario

Energy Board Act, 1998 .

7. A

participant that was registered as a participant with respect to electricity

generation in Ontario at a facility at which the primary activity was

electricity generation and at which no products were produced other than

electricity and any heat, steam or by-product gas.

General

compensation

9 Except as set out in

section 8, no person is entitled to

any compensation or damages in respect of the value of cap and trade

instruments retired or cancelled under this Act or for any other loss,

including loss of revenues or loss of profits, related, directly or indirectly,

to the enactment of this Act, the making or revocation of any regulation under

this Act, the repeal of the Climate Change Mitigation and

Low-carbon Economy Act, 2016 or the making or revocation of any

regulation under that Act.

cause of action

(1) No cause of action arises against the Crown

or any current or former member of the Executive Council or any current or

former employee or agent of or advisor to the Crown as a direct or indirect

result of,

(

a) the

enactment, operation, administration or repeal of any provision of this Act or

the enactment, operation, administration or repeal of the Climate

Change Mitigation and Low-carbon Economy Act, 2016 ;

(

b) the

making or revocation of any provision of a regulation made under this Act or made

under the Climate Change Mitigation and Low-carbon Economy

Act, 2016 ;

(

c) anything

done in accordance with or under this Act or a regulation made under this Act

or anything not done in accordance with this Act or a regulation made under

this Act, including any decision related to participants’ eligibility to

receive compensation or the amount of such compensation;

(

d) the

retirement or cancellation of any cap and trade instrument in accordance with

this Act; or

(

e) any

act or omission related to the wind down of the cap and trade program

established under the Climate Change Mitigation and Low-carbon

Economy Act, 2016 , including the decision to have no further

distribution of cap and trade instruments by auction.

Proceedings

barred

(2) No

proceeding, including but not limited to any proceeding for a remedy in

contract, restitution, tort, misfeasance, bad faith, trust or fiduciary

obligation, and any remedy under any statute, that is directly or indirectly

based on or related to anything referred to in subsection (1) may be brought or

maintained against the Crown or any current or former member of the Executive

Council or any current or former employee or agent of or advisor to the Crown.

Application

(3) Subsection

(2) applies to any action or other proceeding claiming any remedy or relief,

including specific performance, injunction, declaratory relief, any form of

compensation or damages, or any other remedy or relief, and includes a

proceeding to enforce a judgment or order made by a court or tribunal outside

of Canada.

Retrospective

effect

(4) Subsections

(2) and (3) apply regardless of whether the cause of action on which the

proceeding is purportedly based arose before, on or after the day this subsection

comes into force.

Proceedings

set aside

(5) Any

proceeding referred to in subsection (2) or (3) commenced before the day

this subsection comes into force shall be deemed to have been dismissed,

without costs, on the day this subsection comes into force.

expropriation or injurious affection

(6) Nothing

done or not done in accordance with this Act or the Climate

Change Mitigation and Low-carbon Economy Act, 2016 , or any regulation

under this Act or the Climate Change Mitigation and

Low-carbon Economy Act, 2016 , constitutes an expropriation or injurious

affection for the purposes of the Expropriations Act

or otherwise at law.

Continuation

of account

(1) The account established in the Public

Accounts under subsection 71 (1) of the Climate Change

Mitigation and Low-carbon Economy Act, 2016 is continued, to be known as

programme de plafonnement et d’échange in

French, in which shall be recorded the following amounts:

1. The

amount of the balance in the account immediately before this subsection comes

into force.

2. All

expenditures of public money incurred under subsection (2).

Authorized

expenditures

(2) Amounts not exceeding

the balance in the account may be charged to the Cap and Trade Wind Down Account

and paid out of the Consolidated Revenue Fund for the following purposes:

1. To

fund costs incurred by the Crown, directly or indirectly, in connection with

the administration of this Act and the regulations.

2. To

fund costs incurred by the Crown, directly or indirectly, in connection with

the administration and enforcement of the Climate Change

Mitigation and Low-carbon Economy Act, 2016 and the regulations made under

that Act.

3. To

fund costs incurred by the Crown, directly or indirectly, in connection with

the repeal of the Climate Change Mitigation and Low-carbon

Economy Act, 2016 or the revocation of regulations made under that Act.

4. To

fund costs incurred by the Crown, directly or indirectly, in connection with

the winding down of the administration and enforcement of the Climate Change Mitigation and Low-carbon Economy Act, 2016 .

5. To

fund costs incurred by the Crown, directly or indirectly, in connection with

any purpose described in paragraph 2 of subsection 71 (2) of the Climate Change Mitigation and Low-carbon Economy Act, 2016 related

to an initiative, if the initiative was reviewed and evaluated under subsection

71 (3) of that Act.

6. To

fund costs incurred by the Crown, directly or indirectly, in connection with

the wind down of initiatives referred to in paragraph 5 or any initiative

funded under the Climate Change Mitigation and Low-carbon

Economy Act, 2016.

7. To

fund compensation under

section 8 and related costs incurred by the Crown,

directly or indirectly.

8. To

reimburse the Crown for expenditures incurred by the Crown, directly or

indirectly, for any purpose described in paragraphs 1 to 7.

Same

(3) The

funding of a cost described in paragraph 3, 4 or 6 of subsection (2) may be

provided for a cost incurred by the Crown before the day this subsection comes

into force.

Repeal

(4) On

the day this subsection comes into force, this

section is repealed.

Non-application

of Financial Administration Act

12 Subsection 16.0.1 (3) of the Financial

Administration Act does not apply in respect of a refund or repayment of

an expenditure or advance charged to a statutory appropriation in,

(a) subsection

11 (2); or

(b) subsection

71 (2) of the Climate Change Mitigation and Low-carbon

Economy Act, 2016.

Existing

aboriginal or treaty rights

13 For greater certainty, nothing in this Act shall be

construed so as to abrogate or derogate from the protection provided for the

existing aboriginal and treaty rights of the aboriginal peoples of Canada as

recognized and affirmed in

section 35 of the Constitution

Act, 1982 .

Delegation

by Minister

14 The Minister may delegate any of the Minister’s powers or

duties under this Act to a public servant appointed under

Part III of the Public Service of Ontario Act, 2006 , and may impose

restrictions with respect to the delegation.

Regulations,

general

(1) The Lieutenant Governor in Council may make

regulations,

(

a) g overning anything that is required or permitted to be

prescribed or that is required or permitted to be done by, or in accordance

with, the regulations or as authorized, specified or provided in the

regulations;

(

b) defining,

for the purposes of a regulation, words and expressions used in this Act that

are not defined in the Act;

(

c) providing

for such other matters as the Lieutenant Governor in Council considers

advisable to carry out the purpose of this Act.

Regulations, compensation

(2) The Lieutenant Governor in Council may make

regulations governing compensation required to be paid to participants under

section 8, including but not limited to the following:

1. Prescribing

the amount of compensation to be paid to a participant or class of participants

in respect of each cap and trade instrument, which may include prescribing

different amounts for different types of cap and trade instruments, or

prescribing a procedure for determining such amounts.

2. Prescribing

criteria that must be met or circumstances that must apply in order for

compensation to be paid.

3. Prescribing the circumstances in which the Minister

is required to make adjustments to the amount of compensation that would

otherwise be required to be paid to a participant or class of participants,

which may include requiring the Minister to decrease the amount or prohibiting

the Minister from paying any amount.

4. Governing adjustments mentioned in paragraph 3.

5. Authorizing, despite subsection 8 (5), compensation

to be paid to a prescribed participant or class of participants.

6. Limiting

the compensation authorized to be paid under paragraph 5, which may include,

i. limits

that apply in prescribed circumstances, and

ii. limits

in respect of a prescribed number of cap and trade instruments or a number of

cap and trade instruments determined in accordance with a prescribed method.

Incorporation

by reference

(3) A

regulation may incorporate, in whole or in part and with such changes as the

Lieutenant Governor in Council considers necessary, a document, including a

code, formula, standard, protocol, procedure or guideline, as the document may

be amended or remade.

Same

(4) An

amendment to a document referred to in subsection (3), or a document referred

to in subsection (3) as remade, comes into effect upon the Ministry publishing

notice of the amendment or remade document in The

Ontario Gazette or in the registry under the Environmental

Bill of Rights, 1993 .

Conflict

with Statutory Powers Procedure Act

(5) A

regulation may provide that it prevails over a provision of the Statutory Powers Procedure Act , despite anything in that

Act.

Repeal, Commencement and

Short Title

Repeal

16 The Climate Change Mitigation and

Low-carbon Economy Act, 2016 is repealed.

Commencement

17 This Act comes into force on a day to be named by

proclamation of the Lieutenant Governor.

Short

title

18 The

short title of this Act is the Cap

and Trade Cancellation Act, 2018 .

Bill 4 As Amended by Standing Committee (PDF)

This

reprint of the Bill is marked to indicate the changes that were made in

Committee.

The

changes are indicated by underlines for new text and a strikethrough for deleted text.

______________

EXPLANATORY

NOTE

The

Bill sets out the Cap and Trade Cancellation Act, 2018 , which repeals the Climate

Change Mitigation and Low-carbon Economy Act, 2016 and provides for

various matters related to the wind down of the Cap and Trade Program.

Under

the Cap and Trade Cancellation Act, 2018 , the Government is required to establish

targets for reducing the amount of greenhouse gas emissions in Ontario. The

Minister of Environment, Conservation and Parks is required to prepare a

climate change plan and to prepare progress reports in respect of the plan.

With

respect to the wind down of the Cap and Trade Program, the matters addressed by

the Act include the following:

1. The

retirement and cancellation of cap and trade instruments.

2. The

payment by the Crown of compensation in respect of cap and trade instruments,

the amount of which is to be determined in accordance with the regulations. The

obligation to pay compensation is subject to various limitations set out in the

Act.

3. Preventing

any cause of action from arising against the Crown and specified related

persons as a result of various specified matters, including the enactment of

the Act and the repeal of the Climate Change Mitigation

and Low-carbon Economy Act, 2016 .

4. The

extinguishment of any existing proceedings, and the prevention of any future

proceedings, against the Crown and other specified related persons, in relation

to specified matters.

Bill 4 2018

Act respecting the preparation of a climate change plan, providing for the wind

down of the cap and trade program and repealing the Climate Change Mitigation

and Low-carbon Economy Act, 2016

Contents

General

Interpretation

Attribution

of emissions

Targets, Plan and Progress Reports

Targets

Climate

change plan

Minister’s

progress reports

Cap and Trade Instruments

Retirement

of eligible instruments

Cancellation

of instruments

Compensation in Respect of Cap

and Trade Instruments

Compensation

to participant

General

compensation

cause of action

Continuation

of account

Non-application

of Financial Administration Act

Existing

aboriginal or treaty rights

Delegation

by Minister

Regulations,

general

Repeal, Commencement and

Short Title

Repeal

Commencement

Short

title

Her

Majesty, by and with the advice and consent of the Legislative Assembly of the

Province of Ontario, enacts as follows:

General

Interpretation

(1) In this Act,

“cap

and trade accounts” means, in relation to a participant, the cap and trade

accounts that were established under the Climate Change

Mitigation and Low-carbon Economy Act, 2016 for the participant; (“comptes du

programme de plafonnement et d’échange”)

“cap

and trade instrument” means an instrument described in subsection (2); (“instrument

du programme de plafonnement et d’échange”)

“CO 2 e”

means, when used in reference to a quantity of greenhouse gas, the equivalent

quantity of carbon dioxide, calculated in accordance with the regulations; (“éq.

CO 2 ”)

“greenhouse

gas” means a prescribed greenhouse gas; (“gaz à effet de serre”)

“Minister”

means the Minister of the Environment, Conservation and Parks or such other

member of the Executive Council as may be assigned the administration of this

Act under the

Executive Council Act ; (“ministre”)

“participant”

means a person who was registered as a mandatory participant, a voluntary

participant or a market participant under the Climate

Change Mitigation and Low-carbon Economy Act, 2016 on July 3, 2018; (“participant”)

“person” includes an individual, corporation, partnership,

sole proprietorship, association or any other organization or entity;

(“personne”)

“prescribed” means prescribed by a regulation made under this

Act. (“prescrit”)

Cap

and trade instrument

(2) For

the purposes of the definition of “cap and trade instrument” in subsection (1),

a cap and trade instrument means one of the following:

1. An

Ontario emission allowance within the meaning of subsection 1 (1) of the Climate Change Mitigation and Low-carbon Economy Act, 2016

as that provision read immediately before the repeal of that Act.

2. An

Ontario credit within the meaning of subsection 1 (1) of the Climate Change Mitigation and Low-carbon Economy Act, 2016

as that provision read immediately before the repeal of that Act.

3. An

instrument that was, on July 2, 2018, set out in Column 1 of the Table to

section 10.1 of Ontario Regulation 144/16 (The Cap and Trade Program) made

under the Climate Change Mitigation and Low-carbon Economy

Act, 2016 .

Attribution

of emissions

(1) For the purposes of this Act, the amount of all

greenhouse gas emissions attributed to a participant is the amount prescribed

by the regulations or determined in accordance with the regulations.

Same

(2) Despite

subsection (1), in prescribed circumstances the amount of greenhouse gas

emissions shall be determined by the Minister in accordance with the

regulations.

Opportunity

to be heard

(3) If

the Minister proposes to determine the amount of greenhouse gas emissions to be

attributed to a participant, the Minister shall give the participant notice of

the proposal in accordance with the regulations and shall, in accordance with

the regulations, give the participant an opportunity to be heard.

Equivalence

in CO 2 e

(4) Each

cap and trade instrument is equivalent to one tonne of CO 2 e or such

other amount of CO 2 e as may be prescribed.

Targets, Plan and Progress Reports

Targets

(1) The Government shall establish targets for

the reduction of greenhouse gas emissions in Ontario and may revise the targets

from time to time.

Public

notice

(2) The

Government shall make the targets and any revisions to them available to the

public on a website of the Government or in such other manner as may be

prescribed.

Climate

change plan

(1) The Minister,

with the approval of the Lieutenant Governor in Council, shall prepare a

climate change plan and may revise the plan from time to time.

Advisory panel

(2) The Minister may, for the purpose of

preparing the climate change plan, appoint panels to perform such advisory

functions as the Minister considers advisable.

Advisory panel

(2) The Minister may, for the purpose of

taking any steps with respect to the climate change plan, appoint panels to

perform such advisory functions as the Minister considers advisable.

Public

notice

(3) The

Minister shall make the plan and any revisions to it available to the public on

a website of the Government or in such other manner as may be prescribed.

Status

(4) For

greater certainty, the plan and any revisions to it are not undertakings within

the meaning of the Environmental Assessment Act .

Minister’s

progress reports

(1) The Minister shall, on a regular basis,

prepare reports in respect of the climate change plan.

Public

notice

(2) The

Minister shall make each report available to the public on a website of the

Government or in such other manner as may be prescribed.

Cap and Trade Instruments

Retirement

of eligible instruments

Eligible

instrument

(1) In this section,

“eligible

instrument” means a cap and trade instrument that,

(

a) was

held in the cap and trade accounts of a participant on July 3, 2018, and

(

b) is

not classified with or assigned a vintage year of 2021.

Retirement

(2) Eligible

instruments of a participant are retired as follows:

1. If

the number of eligible instruments of the participant is equal to or greater

than that aggregate amount of all greenhouse gas emissions attributed to the

participant in respect of the prescribed time period, the number of eligible

instruments equivalent to that aggregate amount shall be retired.

2. If

the number of eligible instruments of the participant is less than the aggregate

amount of all greenhouse gas emissions attributed to the participant in respect

of the prescribed time period, all of the eligible instruments shall be retired.

Cancellation

of instruments

7 The following cap and trade instruments are cancelled:

1. All

cap and trade instruments held in the cap and trade accounts of participants on

July 3, 2018, other than any number of cap and trade instruments in the

accounts that are retired under

section 6.

2. All

cap and trade instruments that were created under the Climate

Change Mitigation and Low-carbon Economy Act, 2016 and were never

distributed.

Compensation in Respect of Cap and Trade Instruments

Compensation to participant

(1) The

Crown shall pay compensation, out of money appropriated under

section 11 or

money otherwise appropriated for such purposes by the Legislature, to a participant

in respect of a number of cap and trade instruments that is no greater than the

number determined by applying the following formula:

A = B − C − D

where,

A = the maximum number of instruments in respect

of which compensation may be paid to the participant,

B = the number of instruments held in the

participant’s cap and trade accounts that are cancelled under paragraph 1 of

section 7,

C = the number of allowances that were

distributed free of charge to the participant under the Climate

Change Mitigation and Low-carbon Economy Act, 2016 , and

D = the number of instruments held in

the participant’s cap and trade accounts that are classified

with or assigned a vintage year of 2021.

Payment

(2) The amount of compensation payable shall

be determined in accordance with the regulations and shall be paid in accordance

with the regulations.

Prescribed criteria, circumstances

(3) The regulations may prescribe

criteria that must be met or circumstances that must apply in order for

compensation to be paid.

Compensation to participant

(1) The

Crown shall pay compensation, out of money appropriated under

section 11 or

money otherwise appropriated for such purposes by the Legislature, to a

participant in accordance with this

section and the regulations.

Emissions to be expressed as equivalent number of cap

and trade instruments

(2) For the purposes of applying this

section, the number of tonnes of greenhouse gas emissions shall be expressed as

the equivalent number of cap and trade instruments, as determined in accordance

with subsection 2 (4).

If instruments distributed free of charge do not

exceed aggregate emissions

(3) If the number of instruments that

were distributed free of charge to the participant under the Climate Change Mitigation and Low-carbon Economy Act, 2016 is

equal to or less than the aggregate amount of all greenhouse gas

emissions attributed to the participant in respect of the prescribed time

period, the maximum number of cap and trade instruments in respect of which

compensation may be paid to a participant shall be determined by applying the

following formula:

A = B − C

where,

A = the maximum number of cap and trade instruments

in respect of which compensation may be paid to the participant,

B = the number of cap and trade instruments held

in the participant’s cap and trade accounts that are cancelled under paragraph

1 of

section 7, and

C = the number of the participant’s cap and trade

instruments referred to in “B” that are classified with or assigned a vintage

year of 2021.

If instruments distributed free of charge exceed aggregate

emissions

(3.1) If the number of instruments that

were distributed free of charge to the participant under the Climate Change Mitigation and Low-carbon Economy Act, 2016 is

greater than the aggregate amount of all greenhouse gas emissions attributed

to the participant in respect of the prescribed time period, the maximum number

of cap and trade instruments in respect of which compensation may be paid to a

participant shall be determined by applying the following formula:

A = (B − C) − (D −

E) where,

A = the maximum number of cap and trade instruments

in respect of which compensation may be paid to the participant,

B = the number of cap and trade instruments held

in the participant’s cap and trade accounts that are cancelled under paragraph

1 of

section 7,

C = the number of the participant’s cap and trade

instruments referred to in “B” that are classified with or assigned a vintage

year of 2021,

D = the number of cap and trade instruments that

were distributed free of charge to the participant, and

E = the aggregate amount of all greenhouse gas

emissions attributed to the participant in respect of the prescribed time

period.

compensation, specified participants

(4) Unless

otherwise provided by a regulation made under paragraph 4 of subsection 15 (2),

no compensation shall be paid to the following participants:

1. A

participant that was registered as a market participant within the meaning of

the Climate Change Mitigation and Low-carbon Economy Act,

2016 .

2. A

participant that was registered as a participant with respect to the

importation of electricity into Ontario for consumption in Ontario.

3. A

participant that was registered as a participant with respect to the

distribution of natural gas in Ontario.

4. A

participant that was registered as a participant with respect to the operation

of equipment related to the transmission, storage

and transportation of natural gas storage

or transportation of natural gas in Ontario .

5. A

participant that was registered as a participant with respect to the supply of

petroleum products for consumption in Ontario.

6. A

participant that was registered as a participant with respect to the operation

of equipment for a transmission system within the meaning of subsection 2

(1) of the Electricity Act, 1998 and that has been

issued an order under subsection 78 (1) 78 (3) of the Ontario

Energy Board Act, 1998 .

7. A participant that was registered as a

participant with respect to electricity generation in Ontario at a facility at

which the primary activity was electricity generation and at which no products

were produced other than electricity and any heat, steam or by-product gas.

General

compensation

9 Except as set out in

section 8, no person is entitled to

any compensation or damages in respect of the value of cap and trade

instruments retired or cancelled under this Act or for any other loss,

including loss of revenues or loss of profits, related, directly or indirectly,

to the enactment of this Act, the making or revocation of any regulation under

this Act, the repeal of the Climate Change Mitigation and

Low-carbon Economy Act, 2016 or the making or revocation of any

regulation under that Act.

cause of action

(1) No cause of action arises against the Crown

or any current or former member of the Executive Council or any current or

former employee or agent of or advisor to the Crown as a direct or indirect

result of,

(

a) the

enactment, operation, administration or repeal of any provision of this Act or

the enactment, operation, administration or repeal of the Climate

Change Mitigation and Low-carbon Economy Act, 2016 ;

(

b) the

making or revocation of any provision of a regulation made under this Act or made

under the Climate Change Mitigation and Low-carbon Economy

Act, 2016 ;

(

c) anything

done in accordance with or under this Act or a regulation made under this Act

or anything not done in accordance with this Act or a regulation made under

this Act, including any decision related to participants’ eligibility to

receive compensation or the amount of such compensation;

(

d) the

retirement or cancellation of any cap and trade instrument in accordance with

this Act; or

(

e) any

act or omission related to the wind down of the cap and trade program

established under the Climate Change Mitigation and

Low-carbon Economy Act, 2016 , including the decision to have no further

distribution of cap and trade instruments by auction.

Proceedings

barred

(2) No

proceeding, including but not limited to any proceeding for a remedy in

contract, restitution, tort, misfeasance, bad faith, trust or fiduciary

obligation, and any remedy under any statute, that is directly or indirectly

based on or related to anything referred to in subsection (1) may be brought or

maintained against the Crown or any current or former member of the Executive

Council or any current or former employee or agent of or advisor to the Crown.

Application

(3) Subsection

(2) applies to any action or other proceeding claiming any remedy or relief,

including specific performance, injunction, declaratory relief, any form of

compensation or damages, or any other remedy or relief, and includes a

proceeding to enforce a judgment or order made by a court or tribunal outside

of Canada.

Retrospective

effect

(4) Subsections

(2) and (3) apply regardless of whether the cause of action on which the

proceeding is purportedly based arose before, on or after the day this subsection

comes into force.

Proceedings

set aside

(5) Any

proceeding referred to in subsection (2) or (3) commenced before the day

this subsection comes into force shall be deemed to have been dismissed,

without costs, on the day this subsection comes into force.

expropriation or injurious affection

(6) Nothing

done or not done in accordance with this Act or the Climate

Change Mitigation and Low-carbon Economy Act, 2016 , or any regulation

under this Act or the Climate Change Mitigation and

Low-carbon Economy Act, 2016 , constitutes an expropriation or injurious

affection for the purposes of the Expropriations Act

or otherwise at law.

Continuation

of account

(1) The account established in the Public

Accounts under subsection 71 (1) of the Climate Change

Mitigation and Low-carbon Economy Act, 2016 is continued, to be known as

programme de plafonnement et d’échange in French, in which

shall be recorded the following amounts:

1. The

amount of the balance in the account immediately before this subsection comes

into force.

2. All

expenditures of public money incurred under subsection (2).

Authorized

expenditures

(2) Amounts not exceeding

the balance in the account may be charged to the Cap and Trade Wind Down Account

and paid out of the Consolidated Revenue Fund for the following purposes:

1. To

fund costs incurred by the Crown, directly or indirectly, in connection with

the administration of this Act and the regulations.

2. To

fund costs incurred by the Crown, directly or indirectly, in connection with

the administration and enforcement of the Climate Change

Mitigation and Low-carbon Economy Act, 2016 and the regulations made under

that Act.

3. To

fund costs incurred by the Crown, directly or indirectly, in connection with

the repeal of the Climate Change Mitigation and Low-carbon

Economy Act, 2016 or the revocation of regulations made under that Act.

4. To

fund costs incurred by the Crown, directly or indirectly, in connection with

the winding down of the administration and enforcement of the Climate Change Mitigation and Low-carbon Economy Act, 2016 .

5. To

fund costs incurred by the Crown, directly or indirectly, in connection with

any purpose described in paragraph 2 of subsection 71 (2) of the Climate Change Mitigation and Low-carbon Economy Act, 2016 related

to an initiative, if the initiative was reviewed and evaluated under subsection

71 (3) of that Act.

6. To

fund costs incurred by the Crown, directly or indirectly, in connection with

the wind down of initiatives referred to in paragraph 5 or any initiative

funded under the Climate Change Mitigation and Low-carbon

Economy Act, 2016.

7. To

fund compensation under

section 8 and related costs incurred by the Crown,

directly or indirectly.

8. To

reimburse the Crown for expenditures incurred by the Crown, directly or

indirectly, for any purpose described in paragraphs 1 to 7.

Same

(2.1) The funding of a cost described in

paragraph 3, 4 or 6 of subsection (2) may be provided for a cost incurred by

the Crown before the day this subsection comes into force.

Repeal

(3) On

the day this subsection comes into force, this

section is repealed.

Non-application

of Financial Administration Act

12 Subsection 16.0.1 (3) of the Financial

Administration Act does not apply in respect of a refund or repayment of

an expenditure or advance charged to a statutory appropriation in,

(a) subsection

11 (2); or

(b) subsection

71 (2) of the Climate Change Mitigation and Low-carbon

Economy Act, 2016.

Existing

aboriginal or treaty rights

13 For greater certainty, nothing in this Act shall be

construed so as to abrogate or derogate from the protection provided for the

existing aboriginal and treaty rights of the aboriginal peoples of Canada as

recognized and affirmed in

section 35 of the Constitution

Act, 1982 .

Delegation

by Minister

14 The Minister may delegate any of the Minister’s powers or

duties under this Act to a public servant appointed under

Part III of the Public Service of Ontario Act, 2006 , and may impose

restrictions with respect to the delegation.

Regulations,

general

(1) The Lieutenant Governor in Council may make

regulations,

(

a) g overning anything that is required or permitted to be

prescribed or that is required or permitted to be done by, or in accordance

with, the regulations or as authorized, specified or provided in the

regulations;

(

b) defining,

for the purposes of a regulation, words and expressions used in this Act that

are not defined in the Act;

(

c) providing

for such other matters as the Lieutenant Governor in Council considers

advisable to carry out the purpose of this Act.

Regulations, compensation

(2) The Lieutenant Governor in Council may make

regulations governing compensation required to be paid to participants under

section 8, including but not limited to the following:

1. Prescribing the amount of compensation to

be paid to a participant or class of participants or the procedure for

determining that amount.

1. Prescribing the amount of compensation to

be paid to a participant or class of participants in respect of each cap and

trade instrument, which may include prescribing different amounts for different

types of cap and trade instruments, or prescribing a procedure for determining

such amounts.

1.1 Prescribing criteria that must be met or

circumstances that must apply in order for compensation to be paid.

2. Prescribing the circumstances in which the Minister

is required to make adjustments to the amount of compensation that would

otherwise be required to be paid to a participant or class of participants,

which may include requiring the Minister to decrease the amount or prohibiting

the Minister from paying any amount.

3. Governing adjustments mentioned in paragraph 2.

4. Authorizing, despite subsection 8 (4), compensation

to be paid to a prescribed participant or class of participants.

5. Limiting the compensation authorized under

paragraph 4 such that it is only paid in respect of the

number of cap and trade instruments equivalent to the amount of greenhouse gas

emissions attributed to a participant in respect of a prescribed activity.

5. Limiting the compensation authorized to be

paid under paragraph 4, which may include,

i. limits that apply in prescribed

circumstances, and

ii. limits in respect of a prescribed

number of cap and trade instruments or a number of cap and trade instruments

determined in accordance with a prescribed method.

Incorporation

by reference

(3) A

regulation may incorporate, in whole or in part and with such changes as the

Lieutenant Governor in Council considers necessary, a document, including a

code, formula, standard, protocol, procedure or guideline, as the document may

be amended or remade.

Same

(4) An

amendment to a document referred to in subsection (3), or a document referred

to in subsection (3) as remade, comes into effect upon the Ministry publishing notice

of the amendment or remade document in The Ontario

Gazette or in the registry under the Environmental

Bill of Rights, 1993 .

Conflict

with Statutory Powers Procedure Act

(5) A

regulation may provide that it prevails over a provision of the Statutory Powers Procedure Act , despite anything in that

Act.

Repeal, Commencement and

Short Title

Repeal

16 The Climate Change Mitigation and

Low-carbon Economy Act, 2016 is repealed.

Commencement

17 This Act comes into force on a day to be named by

proclamation of the Lieutenant Governor.

Short

title

18 The

short title of this Act is the Cap

and Trade Cancellation Act, 2018 .

Bill 4 Original (PDF)

EXPLANATORY NOTE

The Bill sets out the Cap and Trade Cancellation Act, 2018 , which repeals the Climate Change Mitigation and Low-carbon Economy Act, 2016 and provides for various matters related to the wind down of the Cap and Trade Program.

Under the Cap and Trade Cancellation Act, 2018 , the Government is required to establish targets for reducing the amount of greenhouse gas emissions in Ontario. The Minister of Environment, Conservation and Parks is required to prepare a climate change plan and to prepare progress reports in respect of the plan.

With respect to the wind down of the Cap and Trade Program, the matters addressed by the Act include the following:

1. The retirement and cancellation of cap and trade instruments.

2. The payment by the Crown of compensation in respect of cap and trade instruments, the amount of which is to be determined in accordance with the regulations. The obligation to pay compensation is subject to various limitations set out in the Act.

3. Preventing any cause of action from arising against the Crown and specified related persons as a result of various specified matters, including the enactment of the Act and the repeal of the Climate Change Mitigation and Low-carbon Economy Act, 2016 .

4. The extinguishment of any existing proceedings, and the prevention of any future proceedings, against the Crown and other specified related persons, in relation to specified matters.

Bill 4 2018

An Act respecting the preparation of a climate change plan, providing for the wind down of the cap and trade program and repealing the Climate Change Mitigation and Low-carbon Economy Act, 2016

Contents

General

Interpretation

Attribution of emissions

Targets, Plan and Progress Reports

Targets

Climate change plan

Minister’s progress reports

Cap and Trade Instruments

Retirement of eligible instruments

Cancellation of instruments

Compensation in Respect of Cap and Trade Instruments

Compensation to participant

General

No compensation

No cause of action

Continuation of account

Non-application of Financial Administration Act

Existing aboriginal or treaty rights

Delegation by Minister

Regulations, general

Repeal, Commencement and

Short Title

Repeal

Commencement

Short title

Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:

General

Interpretation

(1) In this Act,

“cap and trade accounts” means, in relation to a participant, the cap and trade accounts that were established under the Climate Change Mitigation and Low-carbon Economy Act, 2016 for the participant; (“comptes du programme de plafonnement et d’échange”)

“cap and trade instrument” means an instrument described in subsection (2); (“instrument du programme de plafonnement et d’échange”)

“CO 2 e” means, when used in reference to a quantity of greenhouse gas, the equivalent quantity of carbon dioxide, calculated in accordance with the regulations; (“éq. CO 2 ”)

“greenhouse gas” means a prescribed greenhouse gas; (“gaz à effet de serre”)

“Minister” means the Minister of the Environment, Conservation and Parks or such other member of the Executive Council as may be assigned the administration of this Act under the Executive Council Act ; (“ministre”)

“participant” means a person who was registered as a mandatory participant, a voluntary participant or a market participant under the Climate Change Mitigation and Low-carbon Economy Act, 2016 on July 3, 2018; (“participant”)

“person” includes an individual, corporation, partnership, sole proprietorship, association or any other organization or entity; (“personne”)

“prescribed” means prescribed by a regulation made under this Act. (“prescrit”)

Cap and trade instrument

(2) For the purposes of the definition of “cap and trade instrument” in subsection (1), a cap and trade instrument means one of the following:

1. An Ontario emission allowance within the meaning of subsection 1 (1) of the Climate Change Mitigation and Low-carbon Economy Act, 2016 as that provision read immediately before the repeal of that Act.

2. An Ontario credit within the meaning of subsection 1 (1) of the Climate Change Mitigation and Low-carbon Economy Act, 2016 as that provision read immediately before the repeal of that Act.

3. An instrument that was, on July 2, 2018, set out in Column 1 of the Table to

section 10.1 of Ontario Regulation 144/16 (The Cap and Trade Program) made under the Climate Change Mitigation and Low-carbon Economy Act, 2016 .

Attribution of emissions

(1) For the purposes of this Act, the amount of all greenhouse gas emissions attributed to a participant is the amount prescribed by the regulations or determined in accordance with the regulations.

Same

(2) Despite subsection (1), in prescribed circumstances the amount of greenhouse gas emissions shall be determined by the Minister in accordance with the regulations.

Opportunity to be heard

(3) If the Minister proposes to determine the amount of greenhouse gas emissions to be attributed to a participant, the Minister shall give the participant notice of the proposal in accordance with the regulations and shall, in accordance with the regulations, give the participant an opportunity to be heard.

Equivalence in CO 2 e

(4) Each cap and trade instrument is equivalent to one tonne of CO 2 e or such other amount of CO 2 e as may be prescribed.

Targets, Plan and Progress Reports

Targets

(1) The Government shall establish targets for the reduction of greenhouse gas emissions in Ontario and may revise the targets from time to time.

Public notice

(2) The Government shall make the targets and any revisions to them available to the public on a website of the Government or in such other manner as may be prescribed.

Climate change plan

(1) The Minister, with the approval of the Lieutenant Governor in Council, shall prepare a climate change plan and may revise the plan from time to time.

Advisory panel

(2) The Minister may, for the purpose of preparing the climate change plan, appoint panels to perform such advisory functions as the Minister considers advisable.

Public notice

(3) The Minister shall make the plan and any revisions to it available to the public on a website of the Government or in such other manner as may be prescribed.

Status

(4) For greater certainty, the plan and any revisions to it are not undertakings within the meaning of the Environmental Assessment Act .

Minister’s progress reports

(1) The Minister shall, on a regular basis, prepare reports in respect of the climate change plan.

Public notice

(2) The Minister shall make each report available to the public on a website of the Government or in such other manner as may be prescribed.

Cap and Trade Instruments

Retirement of eligible instruments

Eligible instrument

(1) In this section,

“eligible instrument” means a cap and trade instrument that,

(

a) was held in the cap and trade accounts of a participant on July 3, 2018, and

(

b) is not classified with or assigned a vintage year of 2021.

Retirement

(2) Eligible instruments of a participant are retired as follows:

1. If the number of eligible instruments of the participant is equal to or greater than that aggregate amount of all greenhouse gas emissions attributed to the participant in respect of the prescribed time period, the number of eligible instruments equivalent to that aggregate amount shall be retired.

2. If the number of eligible instruments of the participant is less than the aggregate amount of all greenhouse gas emissions attributed to the participant in respect of the prescribed time period, all of the eligible instruments shall be retired.

Cancellation of instruments

7 The following cap and trade instruments are cancelled:

1. All cap and trade instruments held in the cap and trade accounts of participants on July 3, 2018, other than any number of cap and trade instruments in the accounts that are retired under

section 6.

2. All cap and trade instruments that were created under the Climate Change Mitigation and Low-carbon Economy Act, 2016 and were never distributed.

Compensation in Respect of Cap and Trade Instruments

Compensation to participant

(1) The Crown shall pay compensation, out of money appropriated under

section 11 or money otherwise appropriated for such purposes by the Legislature, to a participant in respect of a number of cap and trade instruments that is no greater than the number determined by applying the following formula:

A = B − C − D

where,

A = the maximum number of instruments in respect of which compensation may be paid to the participant,

B = the number of instruments held in the participant’s cap and trade accounts that are cancelled under paragraph 1 of

section 7,

C = the number of allowances that were distributed free of charge to the participant under the Climate Change Mitigation and Low-carbon Economy Act, 2016 , and

D = the number of instruments held in the participant’s cap and trade accounts that are classified with or assigned a vintage year of 2021.

Payment

(2) The amount of compensation payable shall be determined in accordance with the regulations and shall be paid in accordance with the regulations.

Prescribed criteria, circumstances

(3) The regulations may prescribe criteria that must be met or circumstances that must apply in order for compensation to be paid.

No compensation, specified participants

(4) Unless otherwise provided by a regulation made under paragraph 4 of subsection 15 (2), no compensation shall be paid to the following participants:

1. A participant that was registered as a market participant within the meaning of the Climate Change Mitigation and Low-carbon Economy Act, 2016 .

2. A participant that was registered as a participant with respect to the importation of electricity into Ontario for consumption in Ontario.

3. A participant that was registered as a participant with respect to the distribution of natural gas in Ontario.

4. A participant that was registered as a participant with respect to the operation of equipment related to the transmission, storage and transportation of natural gas.

5. A participant that was registered as a participant with respect to the supply of petroleum products for consumption in Ontario.

6. A participant that was registered as a participant with respect to the operation of equipment for a transmission system within the meaning of subsection 2 (1) of the Electricity Act, 1998 and that has been issued an order under subsection 78 (1) of the Ontario Energy Board Act, 1998 .

General

No compensation

9 Except as set out in

section 8, no person is entitled to any compensation or damages in respect of the value of cap and trade instruments retired or cancelled under this Act or for any other loss, including loss of revenues or loss of profits, related, directly or indirectly, to the enactment of this Act, the making or revocation of any regulation under this Act, the repeal of the Climate Change Mitigation and Low-carbon Economy Act, 2016 or the making or revocation of any regulation under that Act.

No cause of action

(1) No cause of action arises against the Crown or any current or former member of the Executive Council or any current or former employee or agent of or advisor to the Crown as a direct or indirect result of,

(

a) the enactment, operation, administration or repeal of any provision of this Act or the enactment, operation, administration or repeal of the Climate Change Mitigation and Low-carbon Economy Act, 2016 ;

(

b) the making or revocation of any provision of a regulation made under this Act or made under the Climate Change Mitigation and Low-carbon Economy Act, 2016 ;

(

c) anything done in accordance with or under this Act or a regulation made under this Act or anything not done in accordance with this Act or a regulation made under this Act, including any decision related to participants’ eligibility to receive compensation or the amount of such compensation;

(

d) the retirement or cancellation of any cap and trade instrument in accordance with this Act; or

(

e) any act or omission related to the wind down of the cap and trade program established under the Climate Change Mitigation and Low-carbon Economy Act, 2016 , including the decision to have no further distribution of cap and trade instruments by auction.

Proceedings barred

(2) No proceeding, including but not limited to any proceeding for a remedy in contract, restitution, tort, misfeasance, bad faith, trust or fiduciary obligation, and any remedy under any statute, that is directly or indirectly based on or related to anything referred to in subsection (1) may be brought or maintained against the Crown or any current or former member of the Executive Council or any current or former employee or agent of or advisor to the Crown.

Application

(3) Subsection (2) applies to any action or other proceeding claiming any remedy or relief, including specific performance, injunction, declaratory relief, any form of compensation or damages, or any other remedy or relief, and includes a proceeding to enforce a judgment or order made by a court or tribunal outside of Canada.

Retrospective effect

(4) Subsections (2) and (3) apply regardless of whether the cause of action on which the proceeding is purportedly based arose before, on or after the day this subsection comes into force.

Proceedings set aside

(5) Any proceeding referred to in subsection (2) or (3) commenced before the day this subsection comes into force shall be deemed to have been dismissed, without costs, on the day this subsection comes into force.

No expropriation or injurious affection

(6) Nothing done or not done in accordance with this Act or the Climate Change Mitigation and Low-carbon Economy Act, 2016 , or any regulation under this Act or the Climate Change Mitigation and Low-carbon Economy Act, 2016 , constitutes an expropriation or injurious affection for the purposes of the Expropriations Act or otherwise at law.

Continuation of account

1. The amount of the balance in the account immediately before this subsection comes into force.

2. All expenditures of public money incurred under subsection (2).

Authorized expenditures

(2) Amounts not exceeding the balance in the account may be charged to the Cap and Trade Wind Down Account and paid out of the Consolidated Revenue Fund for the following purposes:

1. To fund costs incurred by the Crown, directly or indirectly, in connection with the administration of this Act and the regulations.

2. To fund costs incurred by the Crown, directly or indirectly, in connection with the administration and enforcement of the Climate Change Mitigation and Low-carbon Economy Act, 2016 and the regulations made under that Act.

3. To fund costs incurred by the Crown, directly or indirectly, in connection with the repeal of the Climate Change Mitigation and Low-carbon Economy Act, 2016 or the revocation of regulations made under that Act.

4. To fund costs incurred by the Crown, directly or indirectly, in connection with the winding down of the administration and enforcement of the Climate Change Mitigation and Low-carbon Economy Act, 2016 .

5. To fund costs incurred by the Crown, directly or indirectly, in connection with any purpose described in paragraph 2 of subsection 71 (2) of the Climate Change Mitigation and Low-carbon Economy Act, 2016 related to an initiative, if the initiative was reviewed and evaluated under subsection 71 (3) of that Act.

6. To fund costs incurred by the Crown, directly or indirectly, in connection with the wind down of initiatives referred to in paragraph 5 or any initiative funded under the Climate Change Mitigation and Low-carbon Economy Act, 2016.

7. To fund compensation under

section 8 and related costs incurred by the Crown, directly or indirectly.

8. To reimburse the Crown for expenditures incurred by the Crown, directly or indirectly, for any purpose described in paragraphs 1 to 7.

Repeal

(3) On the day this subsection comes into force, this

section is repealed.

Non-application of Financial Administration Act

12 Subsection 16.0.1 (3) of the Financial Administration Act does not apply in respect of a refund or repayment of an expenditure or advance charged to a statutory appropriation in,

(a) subsection 11 (2); or

(b) subsection 71 (2) of the Climate Change Mitigation and Low-carbon Economy Act, 2016.

Existing aboriginal or treaty rights

13 For greater certainty, nothing in this Act shall be construed so as to abrogate or derogate from the protection provided for the existing aboriginal and treaty rights of the aboriginal peoples of Canada as recognized and affirmed in

section 35 of the Constitution Act, 1982 .

Delegation by Minister

14 The Minister may delegate any of the Minister’s powers or duties under this Act to a public servant appointed under

Part III of the Public Service of Ontario Act, 2006 , and may impose restrictions with respect to the delegation.

Regulations, general

(1) The Lieutenant Governor in Council may make regulations,

(

a) g overning anything that is required or permitted to be prescribed or that is required or permitted to be done by, or in accordance with, the regulations or as authorized, specified or provided in the regulations;

(

b) defining, for the purposes of a regulation, words and expressions used in this Act that are not defined in the Act;

(

c) providing for such other matters as the Lieutenant Governor in Council considers advisable to carry out the purpose of this Act.

Regulations, compensation

(2) The Lieutenant Governor in Council may make regulations governing compensation required to be paid to participants under

section 8, including but not limited to the following:

1. Prescribing the amount of compensation to be paid to a participant or class of participants or the procedure for determining that amount.

2. Prescribing the circumstances in which the Minister is required to make adjustments to the amount of compensation that would otherwise be required to be paid to a participant or class of participants, which may include requiring the Minister to decrease the amount or prohibiting the Minister from paying any amount.

3. Governing adjustments mentioned in paragraph 2.

4. Authorizing, despite subsection 8 (4), compensation to be paid to a prescribed participant or class of participants.

5. Limiting the compensation authorized under paragraph 4 such that it is only paid in respect of the number of cap and trade instruments equivalent to the amount of greenhouse gas emissions attributed to a participant in respect of a prescribed activity.

Incorporation by reference

(3) A regulation may incorporate, in whole or in part and with such changes as the Lieutenant Governor in Council considers necessary, a document, including a code, formula, standard, protocol, procedure or guideline, as the document may be amended or remade.

Same

(4) An amendment to a document referred to in subsection (3), or a document referred to in subsection (3) as remade, comes into effect upon the Ministry publishing notice of the amendment or remade document in The Ontario Gazette or in the registry under the Environmental Bill of Rights, 1993 .

Conflict with Statutory Powers Procedure Act

(5) A regulation may provide that it prevails over a provision of the Statutory Powers Procedure Act , despite anything in that Act.

Repeal, Commencement and

Short Title

Repeal

16 The Climate Change Mitigation and Low-carbon Economy Act, 2016 is repealed.

Commencement

17 This Act comes into force on a day to be named by proclamation of the Lieutenant Governor.

Short title

18 The

short title of this Act is the Cap and Trade Cancellation Act, 2018 .

Date Bill stage Event Outcome Committee

October 31, 2018

Royal Assent

Royal Assent received

October 31, 2018

Third Reading

Vote

Carried on division

October 31, 2018

Third Reading

Deferred vote

October 31, 2018

Third Reading

Debated

October 30, 2018

Third Reading

Debated

October 23, 2018

Second Reading

Ordered for Third Reading pursuant to the Order of the House

October 23, 2018

Second Reading

Reported as amended

October 22, 2018

Second Reading

Consideration of a Bill

Standing Committee on General Government

October 17, 2018

Second Reading

Consideration of a Bill

Standing Committee on General Government

October 15, 2018

Second Reading

Consideration of a Bill

Standing Committee on General Government

October 3, 2018

Second Reading

Ordered referred to Standing Committee pursuant to the Order of the House

Standing Committee on General Government

October 3, 2018

Second Reading

Vote

Carried

October 3, 2018

Second Reading

Question put

October 3, 2018

Second Reading

Time allocated

September 13, 2018

Second Reading

Debated

September 12, 2018

Second Reading

Debated

August 8, 2018

Second Reading

Debated

August 7, 2018

Second Reading

Debated

August 2, 2018

Second Reading

Debated

August 1, 2018

Second Reading

Debated

July 31, 2018

Second Reading

Debated

July 25, 2018

First Reading

Vote

Carried on division

Debates and Progress

First Reading

July 25, 2018

Carried on division.

Committee

Second Reading

July 31, 2018

Principal Debaters :

Hon. Rod Phillips, Ms. Andrea Khanjin, Mrs. Belinda Karahalios Mr. Tabuns

Questions and Comments :

Mr. Chris Glover, Mrs. Nina Tangri, Ms. Rima Berns-McGown, Mr. Michael Parsa

August 1, 2018

Principal Debaters :

M me France Gélinas, Mrs. Amy Fee, Mr. Sam Oosterhoff, Mr. Bill Walker, Ms. Jessica Bell

Questions and Comments :

Mr. Goldie Ghamari, Mr. Joel Harden, Mr. Dave Smith, Ms. Jill Andrew, Mr. Peter Tabuns, Mr. Billy Pang, Ms. Laura Mae Lindo, Mr. Jeremy Roberts, Ms. Jane McKenna, Mr. Jamie West, Mr. David Piccini, Mr. Taras Natyshak, Mr. John Fraser, Mr. Stephen Crawford, Mr Gilles Bisson, Mr. Prabmeet Singh Sarkaria

August 1, 2018 (Continued)

August 2, 2018

Principal Debaters :

Mr. Bill Walker, Mr. Michael Mantha, M me Nathalie Des Rosiers

Questions and Comments :

Mr. Joel Harden, Mrs. Robin Martin, Mr. Terence Kernaghan, Ms. Donna Skelly, Mrs. Belinda Karahalios, Mr. Percy Hatfield, Ms. Christine Hogarth, Mr. Jamie West

August 7, 2018

Principal Debaters :

Mr. Mike Schreiner, Ms. Goldie Ghamari, Ms. Jennifer K. French

Questions and Comments :

Mr. Paul Calandra, Mr. Jamie West, Mr. Kaleed Rasheed, Ms. Teresa J. Armstrong, Ms. Catherine Fife, Ms. Natalia Kusendova, Mrs. Jennifer (Jennie) Stevens, Mr. Aris Babikian

August 8, 2018

Principal Debaters :

Mr. Jeremy Roberts, Mr. Percy Hatfield, Mr. Deepak Anand, Mr. Gilles Bisson

Questions and Comments :

Mr. Michael Mantha, Mrs. Robin Martin, Ms. Jane McKenna, Mr. Ross Romano, Mr. Jeff Burch, Mrs. Belinda Karahalios, Mr. Guy Bourgouin, Mr. Doug Downey, Mr. Prabmeet Singh Sarkaria

September 12, 2018

Principal Debaters :

Mr. Doug Downey, Mr. Ross Romano, Mr. Prabmeet Singh Sarkaria, Mr. Gilles Bisson, Ms. Peggy Sattler, Ms. Laura Mae Lindo

Questions and Comments :

M me France Gélinas, Mr. Jeremy Roberts, Mr. John Vanthof, Mr. Percy Hatfield, Mrs. Belinda Karahalios, Mr. Sam Oosterhoff, Mrs. Robin Martin, Mr. Deepak Anand, Ms. Andrea Khanjin, Mr. Mike Harris, Mr. Sol Mamakwa, Mr. Aris Babikian

September 13, 2018

Principal Debaters :

Mr. Jeff Burch, Mrs. Gila Martow, Mr. Guy Bourgouin, Mr. Lorne Coe

Questions and Comments :

Mr. Vincent Ke, M me France Gélinas, Mr. Dave Smith, Ms. Teresea J. Armstrong, Mr. Billy Pang, Mr. Michael Mantha, Mr. Stephen Lecce, Mr. Ruddy Cuzzetto, Mr. Paul Calandra

September 13, 2018 (Conitinued)

Time Allocation

September 27, 2018

Hon. Peter Bethlenfalvy, Mr. Dave Smith

Time allocation

October 2, 2018

Hon. Todd Smith, Mr. Gilles Bisson

October 2, 2018 (Continued)

Vote deferred.

Time Allocation

October 3, 2018

Lost on division.

Carried on division. (Main motion)

October 3, 2018

Declared carried. Referred to the Standing Committee on General Government pursuant to the order of the House.

Committee

Standing Committee on General Government

October 15, 2018

October 17, 2018

October 22, 2018

October 23, 2018

Reported to the House as amended. Ordered for third reading pursuant to the order of the House.

Third Reading

October 30, 2018

Principal Debaters :

Hon. Rod Phillips, Mr. Ian Arthur, Mrs. Marie-France Lalonde, Mr. Mike Schreiner, Mr. Peter Tabuns

October 31, 2018

Principal Debaters :

Mr. Peter Tabuns, Mme Nathalie Des Rosiers, Ms. Andrea Khanjin, Ms. Mitzie Hunter

Vote deferred.

October 31, 2018

Carried on recorded division.

Royal Assent

Wednesday, October 31, 2018

Acts affected - Bill 4

Most Ontario public acts are available electronically; to view copies of the Acts to be amended by this bill visit e-laws

Climate Change Migration and Low-carbon Economy Act, 2016

Legislative Assembly of Ontario

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Document details

CollectionOntario — Bills
CitationBill 4, 42-1
Typebill
Volume / chapterp42 s1 bill-4 html
Languageen
Formathtml
SourcePROVINCIAL
Identifierf0e314fb2aa2dff6b646a0752d78b632cce3de0b

Source file is stored in the law ingest library (html).