On the recommendation of the undersigned, the Lieutenant Governor of Ontario, by and with the advice and concurrence of the Executive Council of Ontario, orders that:

Whereas certain Orders in Council made under the Financial Administration Act and various Ontario Loan Acts authorize borrowing by the issue and sale of treasury bills and unsecured short-term promissory notes and by way of loan or by the issue and sale of securities of Ontario on the credit of the Consolidated Revenue Fund of Ontario;

And whereas certain Orders in Council made under section 21 of the Financial Administration Act authorize borrowing for the purpose of the payment, renewal, repayment or replacement of various loans and securities;

And whereas certain Orders in Council made under the Financial Administration Act and section 68 of the Electricity Act, 1998, section 21 of the Capital Investment Plan Act, 1993, or subsection 23(1) of the Ontario Infrastructure and Lands Corporation Act, 2011 authorize borrowing by way of loan or the issue and sale of securities of Ontario;

And whereas certain Orders in Council made under subsection 23(2) of the Ontario Infrastructure and Lands Corporation Act, 2011 authorize the Minister of Finance to purchase securities of or make loans to Ontario Infrastructure and Lands Corporation;

And whereas it is desirable to amend the aforementioned existing Orders in Council to update certain authorized signing officers;

Therefore:

Orders made under the Financial Administration Act and Ontario Loan Acts

  1. Amendments are made to paragraph 3 of Orders in Council  1417/2008, 1043/2009, 1044/2009, 1048/2010, 600/2012, 966/2013, 459/2015, 460/2015, each as amended, the paragraph inserted between 2 and 3 of Orders in Council 318/92, 3594/92, 926/92, 2096/93, 79/92, and 1358/93 each as amended, paragraph 4 of Order in Council 831/2008, as amended, and paragraph 5 of Order in Council 1703/95, as amended, in each case by adding the words “any Director, Finance and Treasury Division” after “any Senior Manager, Capital Markets Division,”.
  2. Amendments are made to paragraph 3 of Orders in Council 1167/2018, 1047/2019, 716/2020, 717/2020, 924/2021, each as amended, and 865/2023, in each case by adding the words “any Director, Finance and Treasury Division” after “any Senior Manager, Capital Markets Division,”.
  3. Amendments are made to paragraph 4(iii) of Orders in Council 79/92 and 2096/93, each as amended, paragraph 4(c) of Orders in Council 318/92, 3594/92, 926/92, 1358/93, each as amended, paragraph 5(iii) of Orders in Council 600/2012, 459/2015, and 966/2013 each as amended, paragraph 5(c) of Orders in Council 1417/2008, 1043/2009, 1044/2009, 1048/2010, 460/2015, each as amended, paragraph 6(c) of Order in Council 831/2008, and paragraph 7(c) of Order in Council 1703/95, in each case by:
    1. deleting the words “or” before “any Director, Capital Markets Division”; and
    2. adding the words “or the Director, Treasury and Capital Markets Operations, Finance and Treasury Division,” after “any Director, Capital Markets Division”.
  4. Amendments are made to paragraph 4(c) of Orders in Council 1047/2019, 716/2020, 924/2021, each as amended, and 865/2023, and paragraph 5(c) of Orders in Council 1167/2018, 717/2020, each as amended, in each case by:
    1. deleting the words “or” before “any Director, Capital Markets Division”; and
    2. adding the words “or the Director, Treasury and Capital Markets Operations, Finance and Treasury Division,” after “any Director, Capital Markets Division”.
  5. Amendments are made to paragraph 4 of Orders in Council 1358/93, 79/92, 318/92, 3594/92, 2096/93, each as amended, paragraph 5 of Orders in Council 1043/2009, 1048/2010, 1417/2008, 460/2015, 926/92, 1044/2009, 459/2015, 600/2012, 966/2013, each as amended, paragraph 6 of Order in Council 831/2008, as amended, and paragraph 7 of Order in Council 1703/95, as amended, in each case by, deleting the words “Manager, Settlements and Electricity Finance Reporting” and substituting “Manager, Settlements”.
  6. Amendments are made to paragraph 4 of Orders in Council 1047/2019, 716/2020, 924/2021, each as amended, and 865/2023, paragraph 5 of Order in Council 717/2020, as amended, in each case by, deleting the words “Manager, Settlements and Electricity Finance Reporting” and substituting “Manager, Settlements”.
  7. Amendment is made to paragraph 5 of Order in Council 1167/2018, as amended, by deleting the words “Manager, Settlements, Payments and Fiscal Agency” and substituting “Manager, Settlements”.

Orders made under section 21 of the Financial Administration Act

  1. Amendments are made to paragraph 4 of Orders in Council 784/2023, and 1536/2023, in each case by adding the words “any Director, Finance and Treasury Division” after “any Senior Manager, Capital Markets Division,”.
  2. Amendments are made paragraph 5(c) of Orders in Council 784/2023, and 1536/2023, in each case by:
    1. deleting the words “or” before “any Director, Capital Markets Division”; and
    2. adding the words “or the Director, Treasury and Capital Markets Operations, Finance and Treasury Division,” after “any Director, Capital Markets Division”.
  3. Amendments are made to paragraph 5 of Orders in Council 784/2023, and 1536/2023 in each case by, deleting the words “Manager, Settlements and Electricity Finance Reporting” and substituting “Manager, Settlements”.

Orders relating to the Electricity Act, 1998

  1. Amendments are made to paragraph 3 of Orders in Council 561/2000, 1168/2002, 967/2013, each as amended, in each case by adding the words “any Director, Finance and Treasury Division” after “any Senior Manager, Capital Markets Division,”.
  2. Amendments are made to paragraph 3 of Order in Council 783/2023 by adding the words “any Director, Finance and Treasury Division” after “any Senior Manager, Capital Markets Division,”.
  3. Amendments are made to paragraph 4(iii) of Order in Council 967/2013 as amended, and paragraph 5(c) of Orders in Council 561/2000 and 1168/2002, each as amended, in each case by:
    1. deleting the words “or” before “any Director, Capital Markets Division”; and
    2. adding the words “or the Director, Treasury and Capital Markets Operations, Finance and Treasury Division,” after “any Director, Capital Markets Division”.
  4. Amendments are made to paragraph 4(c) of Order in Council and 783/2023 by:
    1. deleting the words “or” before “any Director, Capital Markets Division”; and
    2. adding the words “or the Director, Treasury and Capital Markets Operations, Finance and Treasury Division,” after “any Director, Capital Markets Division”.
  5. Amendments are made to paragraph 4 of Order in Council 967/2013, and paragraph 5 of Orders in Council 561/2000 and 1168/2002, each as amended, in each case by, deleting the words “Manager, Settlements and Electricity Finance Reporting” and substituting “Manager, Settlements”.
  6. Amendments are made to paragraph 4 of Order in Council 783/2023 by deleting the words “Manager, Settlements and Electricity Finance Reporting” and substituting “Manager, Settlements”.
  7. Amendments are made to paragraph 6 of Orders in Council 561/2000 and 1168/2002, each as amended, and paragraph 7 of Order in Council 967/2013 as amended, in each case by adding the words “the Director, Treasury and Capital Markets Operations, Finance and Treasury Division, after “any Senior Manager, Capital Markets Division,”.
  8. Amendment is made to paragraph 7 of Order in Council 783/2023, in each case by:
    1. deleting the words “any Director, Finance and Treasury Division,”; and
    2. adding the words “the Director, Treasury and Capital Markets Operations, Finance and Treasury Division,” after “any Senior Manager, Capital Markets Division,”.

Orders relating to the Capital Investment Plan Act, 1993

  1. Amendments are made to paragraph 3 of Orders in Council 678/2009 and 975/2009, each as amended, in each case by adding the words “any Director, Finance and Treasury Division” after “any Senior Manager, Capital Markets Division,”.
  2. Amendments are made to paragraph 4(iii) of Orders in Council 678/2009 and 975/2009, each as amended, in each case by:
    1. deleting the words “or” before “any Director, Capital Markets Division”; and
    2. adding the words “or the Director, Treasury and Capital Markets Operations, Finance and Treasury Division,” after “any Director, Capital Markets Division”.
  3. Amendments are made to paragraph 4 of Orders in Council 678/2009 and 975/2009, each as amended in each case by, deleting the words “Manager, Settlements and Electricity Finance Reporting” and substituting “Manager, Settlements”.

Orders relating to the Ontario Infrastructure and Lands Corporation Act, 2011

  1. Amendments are made to paragraph 2 of Orders in Council 631/2014, 1524/2014, each as amended, and paragraphs 3 and 7 of Orders in Council 1229/2013 and 632/2014, each as amended, in each case by adding the words “the Director, Treasury and Capital Markets Operations, Finance and Treasury Division,” after “any Senior Manager, Capital Markets Division,”.
  2. Amendments are made to paragraph 2 of Orders in Council 1566/2016, 1169/2018, 880/2022, and 881/2022, each as amended, in each case by adding the words “the Director, Treasury and Capital Markets Operations, Finance and Treasury Division,” after “any Senior Manager, Capital Markets Division,”.
  3. Amendments are made to paragraph 4(iii) of Orders in Council 1229/2013 and 632/2014, each as amended, in each case by:
    1. deleting the words “or” before “any Director, Capital Markets Division”; and
    2. adding the words “or the Director, Treasury and Capital Markets Operations, Finance and Treasury Division,” after “any Director, Capital Markets Division”.
  4. Amendments are made to paragraph 4 of Orders in Council 1229/2013 and 632/2014, each as amended, in each case by, deleting the words “Manager, Settlements and Electricity Finance Reporting” and substituting “Manager, Settlements”.

And that this Order in Council is effective on the date this Order in Council is made.

Ministry of Finance

Approved and Ordered: March 21, 2024