Modernizing how government manages public property

Bill 13 would centralize government oversight of public property assets.

Status: Bill 13 was introduced on March 21, 2024
Ministry responsible: Infrastructure

Overview

Bill 13, the Real Property Governance Act, 2024 would modernize how government manages public property to improve accountability and transparency.

If passed, Bill 13 will ensure that public property sales across government are handled consistently. Bill 13 would also require departments, agencies, boards and commissions to offer the transfer of public property to Infrastructure prior to sale.

Under the existing decentralized model, policies for the disposal of land and buildings vary across government, making it challenging to resource its priority projects.

Key changes

If passed, the Real Property Governance Act, 2024 would:

  • create a centralized inventory of public property to help government better manage these assets
  • ensure that the Ministry of Infrastructure has the option to hold onto property that has strategic value
  • reduce administrative burden and red tape, allowing other government departments to focus on priority work
  • modernize governance to provide better accountability and increase transparency to taxpayers

Learn more: Real Property Governance – Fact Sheet

Next steps

  • If passed, the Real Property Governance Act, 2024 will take effect upon proclamation.

News