Bill 60: Fighting Delays, Building Faster Act, 2025

This bill touches a wide range of Ontario businesses. Construction contractors and subcontractors — from general contractors building subdivisions to specialty trades working on transit or highway projects — will see changes to how holdbacks are released and how contract terminations are handled under the Construction Act, affecting their cash flow and lien rights. Residential developers and homebuilders across Ontario will be affected by new development charge rules (including a separate land acquisition class) and the ability to defer transit station charges on residential projects until occupancy, which changes how they budget project costs. Landlords managing rental properties — whether a small investor with a few units or a larger property management company — face new Landlord and Tenant Board procedures including shorter review timelines (15 days), requirements for tenants to pay half of arrears before raising counterclaims, and changes to eviction notice rules, all of which affect how they handle non-paying tenants and disputes. Tow truck operators and vehicle storage businesses benefit from a streamlined pricing regime where regulated maximum rates eliminate the need to individually submit prices to the Director. Municipalities throughout Ontario face new compliance obligations around development charge reporting, local service policies, and restrictions on removing vehicle lanes for bicycle infrastructure, while Peel Region municipalities (Mississauga, Brampton, Caledon) specifically must prepare for the transfer of water and sewage services to new public corporations.