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SUMMARY:The Changing Landscape of Municipal Investment Powers
DESCRIPTION:COMPLIMENTARY WEBINAR \nThe Province of Ontario recently made significant changes to municipal legislation and regulations with respect to investment powers for Ontario municipalities.  Section 418.1\, which has recently come into effect\, provides authority for municipalities to invest funds not required immediately using the prudent investor standard (PI) rather than the more restrictive “legal list” approach of the past.  A new section to the eligible investment regulation (Part II) provides details in the PI standard\, who can access it\, what you need to do to have it apply and what governance structures must be in place.  At the same time that these changes were made\, regulatory amendments were also made to the regulation (Part I) with respect to pre-existing investment powers. \nJoin us as we discuss the changes to investment powers that will affect you.  \nDate: Wednesday\, March 21 @ 12:00 pm – 1:30 pm  \nClick here to Register
URL:https://muniserv.ca/event/the-changing-landscape-of-municipal-investment-powers
CATEGORIES:Webinars
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