The 2013 Government Relations Committee (GRC), chaired by Richard Leroux, met for the first time yesterday to discuss REALTOR® issues and set up priorities for the next year. OREA’s GRC is mandated with identifying legislative and regulatory issues that might affect Ontario REALTORS® as well as the real estate industry and advocating on behalf … Continued
On May 27th, Ontario’s transportation agency, Metrolinx, released its final report recommending a number new revenue tools in the hopes of raising $2 billion annually for public transit in the Greater Toronto and Hamilton area (GTHA). Follow the link for more details on the report. Fortunately for the real estate industry and Ontario home … Continued
On May 21st, Ontario’s NDP leader Andrea Horwath made a public announcement promising to support the Liberal government’s budget introduced in early May and therefore help prevent a potential election. Ms. Horwath pointed out that although the NDP did not get everything they were asking for, it was enough to offer its support to the … Continued
On May 2, Ontario’s new Finance Minister Charles Souse delivered his first budget – province’s $127.6 billion spending plan with projected deficit of $11.7 billion for 2013-14. Follow the link to see a full document. The Liberal government acted upon NDP Leader Andrea Horwath’s key demands in hopes of preventing a spring election. The demands … Continued
The Ontario Real Estate Association (OREA) applauds the Ontario government for amending the Electronic Commerce Act (ECA), 2000 as part of the 2013 Ontario Budget. The amendment will delete an exemption of electronic agreements of purchase and sale from the Act and grant the agreements legal protection. Currently, Ontario REALTORS® are reluctant to use electronic … Continued
Ontario Minister of Finance Charles Sousa has announced he will introduce the first budget of the Premier Wynne’s government on May 2. Charles Sousa, Ontario Minister of Finance Source: toronto.ctvnews.ca via OREA on Pinterest The Minister indicated that the budget will include the government’s plan to balance the budget and therefore eliminate … Continued
On April 22, OREA had a pleasure of meeting with the Honourable Tracy MacCharles, the new Minister of Consumer Services, responsible for the Real Estate and Brokers Act, 2002 (REBBA). Elected to the Ontario Legislature on October 6, 2011 as MPP for Pickering –Scarborough East, Ms. MacCharles is one of ten cabinet newcomers appointed in … Continued
OREA’s Government Relations department is happy to welcome Richard Leroux as 2013 Government Relations Committee (GRC) Chair. Active in the real estate profession for 27 years, Mr. Leroux is the broker of record with Realty Networks Inc., Brokerage. He is a member and past president of the Timmins Real Estate Board and has served on … Continued
OREA congratulates[1] REALTOR® Nita Kang on her nomination as Ontario Progressive Conservative (PC) candidate in the riding of Scarborough South West. Ms. Kang will fight for a seat in the Ontario Legislature once the next provincial election is called. Ms. Kang is an award winning Toronto REALTOR® and volunteer in organized real estate. Notably, she … Continued
On April 2, the provincial transit agency Metrolinx released a list of potential revenue tools to pay for the expansion of public transit in Ontario. Fortunately for Ontario REALTORS® and provincial home buyers, the list excluded a municipal land transfer tax (LTT). Source: libertyvillagetoronto.com via OREA on Pinterest The Ontario Real Estate Association (OREA) has … Continued