Ontario Heritage Act Amendments Impact Demolition Rights
|Area||Municipal, Planning and Property Tax|
The provincial government has proposed a number of changes to the Ontario Heritage Act (the “Act”), some of which would significantly affect a landowner’s right to demolish buildings or structures that are designated under the Act. Bill 60 is expected to receive Third Reading and Royal Assent shortly after the Legislature reconvenes in February 2005. It is important that landowners be aware of the changes proposed in Bill 60, as the new legislation has the potential to considerably impact development rights on properties that contain heritage buildings.