Doug Ford's Bill 5 is now law in Ontario. Here's what happens next

Now that Ontario's controversial Bill 5 is law, all eyes are on what Premier Doug Ford does with the new powers it gives his government. 

Bill 5, also called the Protecting Ontario by Unleashing Our Economy Act, empowers the government (among other things) to create special economic zones, where cabinet can exempt companies or projects from having to comply with any provincial law, provincial regulation or municipal bylaw. 

Ford pitches Bill 5 as a way of shoring up Ontario's economy in the face of Donald Trump's tariffs by speeding up major infrastructure and resource projects.

Ford's officials insist the government won't exempt any company in a special economic zone from Ontario's minimum wage rules or other labour laws.

But the wide-open way the legislation is written would allow cabinet to hand out exemptions from any law, whether labour, environmental or operational.

Asked this week which laws he's considering overriding with Bill 5 — and whether any laws are off the table for such exemptions — Ford offered no specifics.  

"I just want to speed up the process," he said during a news conference on Thursday, moments after Bill 5 received Royal Assent, making it law. 

Ford then talked of how long it takes for a mine to get into production, an issue that is actually tackled in a different part of Bill 5: revisions to the Mining Act designed to shorten Ontario's approval process to two years from the current four years.   

Pressed again on which laws he would exempt companies from in the special economic zones, Ford said every situation is different.

"Let's see what companies come to the table, and depending on how quickly we can get opportunities and jobs, we'll reveal them," Ford said.  

Ford wants Ontario's first special economic zone to be the Ring of Fire mineral deposit, some 500 kilometres northeast of Thunder Bay, in the heart of Treaty 9 territory. The area is said to be full of so-called critical minerals, such as cobalt, lithium and nickel, in high demand for the tech industry.   

The premier said on Thursday that he wants to make the Ring of Fire a special economic zone "as quickly as possible" but has also said he won't do so without consulting with First Nations

Energy and Mines Minister Stephen Lecce says the province is already "consulting meaningfully" with First Nations and will continue to do so over the coming months. 

"We're all going to be part of this endeavour to really listen to those voices and help build a common vision for responsible resource development that unlocks the bounty of the resource, to change the lives of northerners and to ensure Indigenous share in that bounty," Lecce said alongside Ford at Thursday's news conference inside Queen's Park.