ENTITIES NOT PERMITTED TO HOLD CERTAIN PROPERTY AND INTERESTS (SECTION 11.0.1 OF THE ACT)

CONTENTS 1. Definition 2. Prescribed entities 2.1 Prescribed entities, office space 3. Exceptions, interpretation 4. Exceptions re trade fixtures and leasehold improvements 5. Exceptions re certain regulatory functions 6. Exceptions re investments Definition 1. In this Regulation, “prescribed entity” means an entity listed in section 2 or 2.1. O. Reg. 148/24, s. 1; O. Reg. 87/26, s. 1. Prescribed entities 2. Section 11.0.1 of the Act applies with respect to the following entities: 1. AgriCorp. 1.1 Centralized Supply Chain Ontario. 2. Education Quality and Accountability Office. 3. Financial Services Regulatory Authority of Ontario. 4. Fire Marshal’s Public Fire Safety Council. 5. Higher Education Quality Council of Ontario. 6. Human Rights Legal Support Centre. 7. Intellectual Property Ontario. 7.1 Niagara Escarpment Commission. 7.2 Ontario Agency for Health Protection and Promotion. 8. Ontario Financing Authority. 8.1 Ontario Health. 8.2 Ontario Health atHome. 9. Ontario Media Development Corporation. 10. Ontario Securities Commission. 11. Ontario Tourism Marketing Partnership Corporation. 12. Ontario Trillium Foundation. 13. Province of Ontario Council for the Arts. 14. Skilled Trades Ontario. O. Reg. 148/24, s. 2; O. Reg. 87/26, s. 2. Prescribed entities, office space 2.1 (1) Section 11.0.1 of the Act applies with respect to the following entities only in respect of office space, including office space identified in this section: 1. Building Ontario Fund. 2. iGaming Ontario. 3. Liquor Control Board of Ontario. 4. Metrolinx. 5. Ontario Cannabis Retail Corporation. 6. Ontario Clean Water Agency. 7. Ontario Lottery and Gaming Corporation. 8. Owen Sound Transportation Company Limited. 9. Venture Ontario. O. Reg. 87/26, s. 3. (2) The following properties held by the Liquor Control Board of Ontario are office space for the purposes of subsection (1): 1. 180 Shearson Crescent, Unit 9, Cambridge. 2. 1020 Bayridge Drive, Unit 2, Kingston. 3. 1100 Dearness Drive, Unit 11/12, London. 4. 245 Menten Place, Unit 200, Nepean. 5. 17 Colborne Street, Unit 106, Orillia. 6. 150 Churchill Boulevard, Unit C018, Sault Ste. Marie. 7. 2040 Algonquin Road, Unit 16, Sudbury. 8. 2901 Bayview Avenue, Unit C105, Toronto. 9. 100 Queens Quay East, Floors 4 to 12, Toronto. 10. 1615 Dundas Street East, Unit 302, Whitby. O. Reg. 87/26, s. 3. (3) The following properties held by Metrolinx are office space for the purposes of subsection (1): 1. 10 Bay Street, Floors 13 to 17, Toronto. 2. 20 Bay Street, Floors 2, 5 to 10, 12 to 14, 16, 19 and 20, Toronto. O. Reg. 87/26, s. 3. (4) The following properties held by Metrolinx are deemed not to be office space for the purposes of subsection (1): 1. 97 Front Street West, Toronto. 2. 277 Front Street West, Toronto. O. Reg. 87/26, s. 3. (5) The following property held by the Ontario Cannabis Retail Corporation is office space for the purposes of subsection (1): 1. 4100 Yonge Street, Floor 2, Toronto. O. Reg. 87/26, s. 3. (6) The following properties held by the Ontario Clean Water Agency are office space for the purposes of subsection (1): 1. 580A Middle Side Road, Amherstburg. 2. Callendar Square, Unit 8, Callendar. 3. 20 Bennett Street, Suite 200, Carleton Place. 4. 148 Fleming Street, Suite 5, Espanola. 5. 901 Main Street, Geraldton. 6. 15 Government Road East, Kirkland Lake. 7. 370 Kent Street West, Lindsay. 8. 3392 Wonderland Rd S., Bldg. 9, Unit 5/6, London. 9. 30 Spence Avenue, Midhurst. 10. 2085 Hurontario Street, Suite 500, Mississauga. 11. 213 Whitewood Avenue West, Unit B5, New Liskeard. 12. 138 Main Street West, Suite 102, Shelburne. 13. 450 Sunset Drive, Suites 305 and 370, St. Thomas. 14. 600 Hewitson Street, Thunder Bay. O. Reg. 87/26, s. 3. (7) The following property held by the Ontario Lottery and Gaming Corporation is office space for the purposes of subsection (1): 1. 4120 Yonge Street, Floors 4 to 6, Toronto. O. Reg. 87/26, s. 3. (8) The following property held by the Ontario Lottery and Gaming Corporation is deemed not to be office space for the purposes of subsection (1): 1. 70 Foster Drive, Sault Ste. Marie. O. Reg. 87/26, s. 3. (9) The following properties held by the Owen Sound Transportation Company Limited are office space for the purposes of subsection (1): 1. 1415 1st Avenue West, Owen Sound. 2. 717875 Highway 6 (Road 5), Owen Sound. O. Reg. 87/26, s. 3. Exceptions, interpretation 3. For greater certainty, an exception set out in this Regulation shall not be read as permitting a prescribed entity to, (a) lease office space for its own use and occupation; or (b) sublet office space to another person or entity. Exceptions re trade fixtures and leasehold improvements 4. Subsections 11.0.1 (2) and (3) of the Act do not apply with respect to trade fixtures, leasehold improvements or any interests in either that are held, controlled or acquired by a prescribed entity. Exceptions re certain regulatory functions 5. (1) In this section, “decision” includes an order, ruling, decision, direction, judgment or any other exercise of a statutory power of decision. (2) Subsections 11.0.1 (2) and (3) of the Act do not apply with respect to the holding, control or acquisition by a prescribed entity of any land, buildings or structures, interests in land, buildings or structures or fixtures or interests in fixtures installed or placed in or used in connection with land, buildings or structures, if the holding, control or acquisition is undertaken for the enforcement or implementation of a decision made under an Act listed in subsection (3) or of the enforcement of or compliance with any requirement under such an Act. (3) Subsection (2) applies in respect of the following Acts: 1. Automobile Insurance Rate Stabilization Act, 2003. 2. Commodity Futures Act. 3. Compulsory Automobile Insurance Act. 4. Credit Unions and Caisses Populaires Act, 2020. 5. Insurance Act. 6. Mortgage Brokerages, Lenders and Administrators Act, 2006. 7. Pension Benefits Act. 8. Securities Act. Exceptions re investments 6. Subsections 11.0.1 (2) and (3) of the Act do not prevent or restrict the following entities from holding, controlling or making financial investments: 1. Building Ontario Fund. 2. Ontario Financing Authority. 3. Venture Ontario. O. Reg. 87/26, s. 4. 7. Omitted (provides for coming into force of provisions of this Regulation).