Province Introducing Legislation to Protect Ontario by Building a More Competitive Economy

October 21, 2025

Beamsville – The Ontario government is introducing the Building a More Competitive Economy Act and related initiatives this week that would – if passed – protect and strengthen the province’s economy by streamlining regulatory processes, championing local businesses, advancing labour mobility and increasing competitiveness. These measures will help build a resilient and self-sustaining economy that can withstand disruption and thrive in a rapidly changing world, while making Ontario the best place in the G7 to invest, do business and create jobs.

“I welcome this important legislation which will help protect Ontario and make it easier to invest and build in our province, including in a critical border community like Niagara,” said Sam Oosterhoff, MPP for Niagara West.

“Reducing red tape is a key part of building a stronger economy and improving services for Ontarians.”

“This is about protecting Ontario’s competitive advantage because the status quo is not good enough,” said Hon. Andrea Khanjin, Minister of Red Tape Reduction.

“We are cutting red tape to make government work better for people and smarter for business, so there is faster service with less paperwork. These changes are delivering on our plan to protect Ontario – our economy, our jobs and our future.”

To ensure Ontario remains resilient, responsive and ready to lead in a rapidly changing global economy, the province is proposing a set of targeted reforms that include reviewing all Ontario government economic development-focused permits by 2028, creating a centralized digital permitting system that streamlines how businesses apply for and monitor permits, supporting worker mobility and engaging in consultations on a Made-in-Ontario vehicle policy to strengthen supply chains and support the province’s auto industry.

The Building a More Competitive Economy Act is part of the government’s plan to protect Ontario by putting in place conditions for long-term stability, resiliency and prosperity, with the ambition to make Ontario the most competitive place to do business while supporting businesses, workers, and communities. Throughout this process, the province will continue to uphold its Duty to Consult obligations.