Building Billy Bishop Airport Act, 2026

RÉSUMÉ DU REGISTRE OFFICIEL

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The Building Billy Bishop Airport Act, 2026 authorizes the Minister of Transportation to prescribe and vest prescribed lands owned by the City of Toronto in the Crown. When land is prescribed, all associated buildings, structures, fixtures and improvements owned by the City also vest in the Crown, and the City is prohibited from encumbering or disposing of these assets. The Act provides for compensation to the City based on market value determined through appraisal reports prepared in accordance with regulatory rules. Disputes regarding compensation are resolved by binding arbitration. The Act also removes the City of Toronto as a party to the Tripartite Agreement on a prescribed date, substituting the Crown in its place. Dealings by the City in relation to the agreement are prohibited and void. The Act authorizes the Minister to require the City to provide information relevant to the vesting of land under subsection 2 (1) and establishes rules for service of documents. It limits proceedings against the Crown and confirms that actions under the Act do not constitute an expropriation. The Act includes regulation ‑ making powers for both the Minister and the Lieutenant Governor in Council. The Act comes into force on Royal Assent.