(1) Subject to a direction of the Minister under subsection (3), the following are the objects of the Corporation:
1. To provide financing for infrastructure purposes prescribed under clause 36 (1) (a) to municipalities and to eligible public organizations described in subsection (2).
2. To provide the Government with advice and services, including project management, contract management and development, related to public works.
3. To provide financial management for public works managed by the Ministry or by a Crown agency for which the Minister is responsible.
4. To carry out the powers, duties and functions delegated by the Minister to the Corporation under the Ministry of Infrastructure Act, 2011.
5. To provide advice and services related to real property to public sector organizations prescribed under clause 36 (1) (b) for purposes prescribed under clause 36 (1) (c), when directed to do so in writing by the Minister.
6. To advise the Minister on infrastructure projects in Ontario, when directed to do so in writing by the Minister.
7. To advise the Minister on financial, strategic or other matters involving the Government, when directed to do so in writing by the Minister.
8. To implement or assist in the implementation of transactions involving the Government, when directed to do so in writing by the Minister.
9. To provide project management and contract management services related to infrastructure projects in Ontario that are not public works, when directed to do so in writing by the Minister.
10. To engage in such other related activities as the Lieutenant Governor in Council may prescribe under clause 36 (1) (d). 2011, c. 9, Sched. 32, s. 4 (1).
Eligible public organization
(2) For the purposes of paragraph 1 of subsection (1), an eligible public organization is an organization that meets the conditions prescribed under clause 36 (1) (e) and that is one of the following:
1. A university, the federated or affiliated college of a university, or other post-secondary educational institution.
2. A corporation incorporated under subsection 203 (1) of the Municipal Act, 2001 or subsection 148 (1) of the City of Toronto Act, 2006.
3. A corporation incorporated under section 142 of the Electricity Act, 1998, all the shares of which are held by one or more municipal corporations.
4. A corporation incorporated as a local housing corporation under Part III of the Social Housing Reform Act, 2000.
5. A co-operative housing provider or a non-profit housing provider that provides or will provide housing under a federally, provincially or municipally funded housing program in Ontario.
6. A local services board established under the Northern Services Boards Act.
7. A not-for-profit long-term care provider licensed or approved under the Long-Term Care Homes Act, 2007.
8. A not-for-profit organization that benefits the public and that is prescribed under clause 36 (1) (f) as an eligible public organization.
9. A co-operative within the meaning of the Co-operative Corporations Act that benefits the public and that is prescribed under clause 36 (1) (g) as an eligible public organization.
10. Subject to the regulations under clause 36 (1) (h), an organization, other than an organization referred in paragraphs 1 to 8, that was prescribed under clause 28 (1) (a) of the Ontario Infrastructure Projects Corporation Act, 2006 immediately before the repeal of that Act. 2011, c. 9, Sched. 32, s. 4 (2).
Ministerial directions, objects of the Corporation
(3) The Minister may give directions in writing limiting the scope of the objects set out in subsection (1). 2011, c. 9, Sched. 32, s. 4 (3).
Direction of Minister
(4) A direction of the Minister under this section may be general or specific. 2011, c. 9, Sched. 32, s. 4 (4).
Non-application of Legislation Act, 2006, Part III
(5) Part III of the Legislation Act, 2006 does not apply to a direction issued under this section. 2011, c. 9, Sched. 32, s. 4 (5).
Access to directions of the Minister
(6) Where the Minister considers it appropriate to do so, the Minister shall take steps that the Minister considers appropriate to ensure that a direction under subsection (3) is readily available to the public. 2011, c. 9, Sched. 32, s. 4 (6).