The Municipal Act, 2001 came into force on January 1, 2003. It was amended in May 2017. It consolidated dozens of acts related to municipal governance or powers and shifted the Municipal Act from a prescriptive to a more permissive approach by including natural person powers and spheres of jurisdiction to allow municipalities to administer and organize their affairs and deliver services.
Municipal Act, 2001, S.O. 2001 (amended in 2019)

An Act to continue the reforms begun by the Fair Municipal Finance Act, 1997 and to make other amendments respecting the financing of local government.
c 29 Fair Municipal Finance Act 1997 (No. 2)