Ontario Premier Doug Ford’s administration is progressing with its strategy to establish special economic zones to advance key projects, potentially incorporating ambitious “moon shot” initiatives for consideration. The authority to designate specific areas in the province as special economic zones was introduced through Bill 5, a contentious law aimed at expediting the development of significant infrastructure projects, especially in uncertain global economic times.
Under this law, the cabinet is empowered to temporarily suspend provincial and municipal regulations within special economic zones. Currently, the government is seeking feedback on a draft outlining the criteria for identifying these zones, projects, and project sponsors. The outlined criteria emphasize the projects’ substantial and enduring benefits for Ontario, the enhancement of local communities, and the likelihood of successful outcomes.
In addition, there is a contemplation within the government regarding the inclusion of projects with lower success probabilities. They are posing a question in the consultations: “Should potentially impactful ‘moon shot’ projects be considered, even with low success rates?” It is highlighted in the consultation documents that all existing laws will remain applicable within a special economic zone until specific exemptions are established through regulation.
Opposing this approach, NDP Leader Marit Stiles criticized the government’s direction, stating that prioritizing select projects by bypassing regulations does not foster trust or strengthen the economy. She raised concerns about the potential for misuse by referring to Ford’s proposed three-level tunnel under Highway 401, questioning the adequacy of regulatory safeguards.
Despite the ongoing feasibility study for the Highway 401 tunnel project, with no designated proponent yet selected, the government is proactively advancing the plans. Ford has sought the designation of this project as being in the national interest to expedite the process, yet Prime Minister Mark Carney has not endorsed the project publicly or included it on the list of nationally significant projects so far.
