Government policy with respect to the COVID-19 pandemic is being updated daily and the Ontario Real Estate Association (OREA) has your back in getting you the latest and most important information to keep you, your clients and communities safe. I have two breaking news updates for you. One is on virtual open houses and the … Continued
On Tuesday, November 19, 2019, the Minister of Government and Consumer Services, the Honourable Lisa Thompson, introduced Bill 145, the Trust in Real Estate Services Act, 2019. Bill 145 amends the Real Estate and Business Brokers Act, 2002, bringing forward a series of changes that, if passed, will raise professional standards, strengthen consumer protection and … Continued
Our mission at OREA is to help all 78,000 Members succeed in building stronger communities. That means providing products and services that make a difference to the business success of Ontario REALTORS®. Services like over 200 OREA Standard Forms and Clauses that Individual Members used last year to complete 200,000 real estate transactions. Services like … Continued
The Ontario Government told us today that it wants to make Ontario ‘A Place to Grow,’ which is a theme that is inherent in the work Ontario REALTORS® do every day. By connecting young families with homes, and helping first-time buyers find an affordable place to live, Ontario REALTORS® know what it takes to build … Continued
Home ownership is a pillar of the Canadian Dream. But there’s a problem. Housing affordability for young families is at an all-time low and home ownership rates are on the decline in Ontario. We have an affordability crisis and we need action to fix it. Ontario REALTORS® are leading the charge to protect the Canadian … Continued
Earlier today Premier Doug Ford was sworn in as Ontario’s 26th Premier and announced his Cabinet. With just 21 Ministers, this government’s Cabinet is smaller than previous governments. Below is a summary of some key Ministers that will oversee issues that are important to OREA and our members. For a complete list of the Cabinet, … Continued
Real estate is a unique profession. Therefore, it is a priority for the Ontario Real Estate Association to maintain REALTORS’® exemption under the Employment Standards Act. In 2015, the Minister of Labour initiated the Changing Workplaces Review to assess the Employment Standards Act (ESA) given the changing nature of the workforce in Ontario. The review … Continued
Last week, the Ontario Government released a new standardized lease agreement for private residential leases which includes; single and semi-detached houses, apartment buildings, rented condos and secondary units. As of April 30th, 2018, all leases used by a landlord must be the new standardized lease. For any lease that is signed after this date that … Continued
The Ontario Budget is the most important piece of legislation the government introduces each year. The provincial budget is a $100 billion-dollar fiscal plan that governs almost every policy and program Ontario runs. For that reason, it’s the perfect place to help the thousands of middle class families struggling to afford the Canadian dream of … Continued
Yesterday, Bill 166, Strengthening Protection for Ontario Consumers Act, 2017, passed third reading and received Royal Assent. To help Ontario’s REALTORS® better understand the legislation, OREA has drafted some Frequently Asked Questions (FAQ). If you have any other questions about the REBBA Review and the next steps, please contact the Government Relations team at REBBAReform@orea.com. … Continued