REALTORS® applaud passage of electronic signature amendment as part of Ontario Budget
On June 11, the Government of Ontario passed the 2013 provincial budget. Included in the budget is OREA’s proposal to amend the Electronic Commerce Act (ECA), 2000. Once proclaimed, this amendment will give REALTORS® and consumers the confidence to use modern technology that will make transactions more efficient and accessible.
Torontonians continue to disapprove of city’s land transfer tax
A new Ipsos Reid poll released on June 14 demonstrates strong public support for the elimination of the Toronto land transfer tax (LTT).The poll conducted on behalf of the Toronto Real Estate Board (TREB) between May 10, 2013 and May 22, 2013, and found that:
CMHC study: Families benefit significantly from living in their own homes
A study conducted by the Canada Mortgage and Housing Corporation (CMHC) highlighted the importance of affordable housing for Canadian families. It concluded that moving into one’s own home leads to major improvements in housing conditions, child well-being and school performance, health, and personal and family life.
New Government Relations Committee meets for the first time
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 of OREA members at Queen’s Park