• Ontario Government Heeds Call for Business Law Reform
  • July 7, 2005 | Author: Wayne D. Gray
  • Law Firm: McMillan Binch Mendelsohn LLP - Toronto Office
  • On May 11, 2005, the Honourable Greg Sorbara, Minister of Finance, delivered the 2005 Ontario Budget. In addition to the usual fiscal focus, Minister Sorbara announced that the Honourable Jim Watson, Minister of Consumer and Business Services (MCBS), will introduce securities transfer legislation later this year. Minister Watson will lead the implementation of a multi-year plan to update Ontario's commercial law framework.