Item - 2023.MM2.6
Tracking Status
- City Council adopted this item on December 14 and 15, 2022 without amendments.
MM2.6 - A Flood of Liabilities: Impact of Bill 23 on Insurance and Liability Claims - by Councillor Paula Fletcher, seconded by Councillor Alejandra Bravo
- Decision Type:
- ACTION
- Status:
- Adopted
- Ward:
- 14 - Toronto - Danforth
City Council Decision
City Council on December 14 and 15, 2022, adopted the following:
1. City Council request the City Manager to work with the Toronto and Region Conservation Authority to solicit feedback from Banks, Insurance Companies and Mortgage Brokers and to provide a report in the first quarter of 2023 to the appropriate committee on the potential of any insurance and liability issues that the City, the Toronto and Region Conservation Authority, tenants, and homeowners may face from residential developments in previously Conservation Authority regulated areas that are approved either by the City or the Province of Ontario.
Background Information (City Council)
Motions (City Council)
Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM2.6 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.