{"id":203326,"date":"2021-02-13T07:19:21","date_gmt":"2021-02-13T12:19:21","guid":{"rendered":"https:\/\/metroactive.org\/wordpress\/2021\/02\/13\/ontario-new-home-industry-big-regulatory-changes\/"},"modified":"2021-02-13T07:19:21","modified_gmt":"2021-02-13T12:19:21","slug":"ontario-new-home-industry-big-regulatory-changes","status":"publish","type":"post","link":"https:\/\/metroactive.org\/wordpress\/2021\/02\/13\/ontario-new-home-industry-big-regulatory-changes\/","title":{"rendered":"ONTARIO NEW HOME INDUSTRY BIG REGULATORY CHANGES"},"content":{"rendered":"<div>\n<p><strong>On February 1st, 2021, The Ontario government established the Home Construction Regulatory Authority (HCRA) to improve consumer protection.<\/strong>\u00a0<\/p>\n<p>A new and separate regulator for home builders and vendures has been established to ensure that the industry is held to professional standards. This is to provide greater confidence for buyers and owners of new homes by helping them be well-informed and better protected by:<\/p>\n<ul>\n<li>Licensing of new home builders and vendors;<\/li>\n<li>Expanding the existing Ontario Builder Directory to provide regulatory compliance and warranty information about builders and vendors across the province; and<\/li>\n<li>Implementing a formal complaints process for the conduct of new home builders and vendors.\u00a0<\/li>\n<\/ul>\n<p><strong>WHAT YOU SHOULD KNOW:<\/strong>\u00a0<\/p>\n<ul>\n<li>The Home Construction Regulatory Authority (HCRA) regulates new home builders and vendors in Ontario. <\/li>\n<li>The HCRA is designated under the New Home Construction Licensing Act, 2017. <\/li>\n<li>The creation of the HCRA as a separate authority addresses consumer concerns about potential conflicts of interest within Tarion, Ontario\u2019s new home warranty and protection program administrator. <\/li>\n<li>The Rebuilding Consumer Confidence Act, 2020, passed on July 14, 2020, promotes higher quality new home construction. It intends to reduce defects and new home warranty and protection claims, while better-protecting consumers from bad actors. <\/li>\n<li>Tarion will administer Ontario\u2019s new home warranty and protection program. <\/li>\n<li>Together, the HCRA and Tarion will provide more robust consumer protection for Ontarians.\u00a0\u00a0<\/li>\n<\/ul>\n<p><strong>ADDITIONAL INFORMATION:<\/strong>\u00a0<\/p>\n<p>Read\u00a0<a href=\"http:\/\/www.condoauthorityontario.ca\/resources\/condo-buyers-guide\/\">Ontario\u2019s Residential Condominium Buyers\u2019 Guide.<\/a><\/p>\n<p>Find out about how\u00a0<a aria-label=\"undefined (opens in a new tab)\" href=\"https:\/\/www.tarion.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Tarion\u00a0<\/a>protects new homeowners.<\/p>\n<p>Read\u00a0<a aria-label=\"undefined (opens in a new tab)\" href=\"https:\/\/www.ontario.ca\/laws\/statute\/17n33\" target=\"_blank\" rel=\"noreferrer noopener\">the New Home Construction Licensing Act, 2017<\/a><\/p>\n<p>Read\u00a0<a aria-label=\"undefined (opens in a new tab)\" href=\"https:\/\/www.ola.org\/en\/legislative-business\/bills\/parliament-42\/session-1\/bill-159\" target=\"_blank\" rel=\"noreferrer noopener\">the Rebuilding Consumer Confidence Act, 2020<\/a><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/baldominaudo.com\/ontario-new-home-industry-big-regulatory-changes\/\">ONTARIO NEW HOME INDUSTRY BIG REGULATORY CHANGES<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/baldominaudo.com\/\">Baldo Minaudo, Broker<\/a>.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/baldominaudo\/NWqy\/~4\/OJaks8wrfqA\" height=\"1\" width=\"1\" alt=\"\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>On February 1st, 2021, The Ontario government established the Home Construction Regulatory Authority (HCRA) to improve consumer protection.\u00a0 A new and separate regulator for home builders and vendures has been established to ensure that the industry is held to professional standards. This is to provide greater confidence for buyers and&hellip;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-203326","post","type-post","status-publish","format-standard","hentry"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"On February 1st, 2021, The Ontario government established the Home Construction Regulatory Authority (HCRA) to improve consumer protection. A new and separate regulator for home builders and vendures has been established to ensure that the industry is held to professional standards. This is to provide greater confidence for buyers and owners of new homes by\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/metroactive.org\/wordpress\/2021\/02\/13\/ontario-new-home-industry-big-regulatory-changes\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.8\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"MetroActive Lifestyle Network | Where People &amp; Opportunity Meet\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"ONTARIO NEW HOME INDUSTRY BIG REGULATORY CHANGES | MetroActive Lifestyle Network\" \/>\n\t\t<meta property=\"og:description\" content=\"On February 1st, 2021, The Ontario government established the Home Construction Regulatory Authority (HCRA) to improve consumer protection. 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