On October 23, 2023, the Ontario government introduced Bill 142, aimed to enact the Consumer Protection Act, 2023 (the “Bill”). Should it be approved by the Ontario Legislative Assembly, the bill plans to introduce various amendments alongside a new law, titled the Consumer Protection Act, 2023. This comes as part of a broader push for modernisation of consumer protection legislation in Ontario.
The new law aims to overhaul previous consumer information laws, and proposing modifications to or repeal of several other laws. These new changes are expected to bring about a substantial shift in the province’s consumer protection landscape.
The pressing need for modernisation was met with prompt action from the government. Provisions are expected to take a more stringent stance on various aspects of consumer protection, aligning them with progressive, consumer-centric policies.
The Bill’s proposed changes represent a crucial step towards consolidating consumer protection, reflecting Ontario’s commitment to ensuring transparency, fair competition, and meaningful consumer choice in an increasingly digital era. But, as with all changes, it will require businesses and legal professionals to adapt and align their practices with the new norms.
Further details of this proposed law can be accessed at JDSupra and it is recommended that all interested legal professionals closely follow its legislative journey and implications.