CCI-EO Annual General Meeting and Free Seminar - October 19, 2016
by Kristen Bailey on October 17, 2016
All members are invited to register and attend the CCI-Eastern Ontario Annual General Meeting.
Here are the details:
Tarion Program Review - Update
by James M. Davidson on October 4, 2016
As our readers will know, Tarion is currently under review. See our previous blog posts Tarion is Under Review and Tarion Program Review - Interim Progress Report Released to learn more.
Justice Douglas Cunningham has completed his Interim Progress Report. In my view, the report is excellent - very thorough and well-written.
Read more on Tarion Program Review - Update
Competition Bureau Investigation: How Should Corporations Respond?
It’s no secret that there has been a significant rise of condominium living in Canada, particularly in the Greater Toronto Area. It is estimated that three-quarters of all new homes purchased in the GTA are condominiums. The increase in number of these kinds of properties in Toronto, as well as throughout Ontario, has prompted much reform to the industry, including recent revisions to the Condominium Act, 1998.
Another development occurred in May this year, when the Competition Bureau ordered 141 condominium boards across the GTA to disclose records relating to renovation contracts. Competition Bureau spokesperson Marie-France Faucher told reporters that the bureau is looking into “allegations of bid-rigging and conspiracy in the supply of condominium refurbishment services in the Greater Toronto Area”.
Tarion Program Review - Interim Progress Report Released
As you may recall from our previous posts on the subject, the Tarion Warranty Program is under review. The Honourable Justice Douglas Cunningham was appointed in 2015 by Ontario's Minister of Government and Consumer Services to review Tarion's process and warranty coverage.
Jim Davidson offered comments to Justice Cunningham, and has been honoured to participate as part of a “focus group” providing feedback to Justice Cunningham respecting Tarion.
Justice Cunningham has now released his Interim Progress Report, which outlines the key concerns that he is exploring. The report can be found here.
Hydro HST Rebate: Are You Eligible?
In the recent throne speech, the Ontario Liberal government has promised that it will rebate the provincial portion of the HST from electricity bills, which will reduce residential bills by 8 per cent. It is estimated that this will provide savings of about $130 annually for the typical Ontario household. The rebate will come into effect on January 1, 2017.
While commenters have been debating the motivation behind the cuts and how much of a difference it will really make, it’s worth asking: what does this mean for residents of condominiums?
Read more on Hydro HST Rebate: Are You Eligible?