The Prohibition on the Purchase of Residential Property by Non-Canadians Act is a pivotal law in the Canadian real estate sector. This Act, enacted on…
Posts published in “Regulatory Updates”
The Canadian real estate landscape is poised for significant changes with the anticipated developments in phase 3 of the Real Estate Council of Ontario’s (RECO)…
The Real Estate Council of Ontario (RECO), a vital regulatory body in the province’s real estate sector, has recently seen a significant enhancement in its…
The real estate landscape in Ontario is undergoing a notable transformation with the implementation of the Trust in Real Estate Services Act (TRESA). This new…
In a significant development for the British Columbia real estate market, new regulations have been introduced to instate a mandatory three-day consumer protection period for…
Federal government’s recent decision to implement a two-year ban on foreign buyers purchasing residential properties represents a significant policy shift in the national real estate…
The recent increase in Canada Pension Plan (CPP) contributions and Employment Insurance (EI) premiums in 2023 is poised to have a significant impact on Canadians’…
In Ontario, the ongoing housing crisis has prompted the provincial government to launch the Housing Supply Action Plan, a comprehensive strategy aimed at addressing the…
In the Canadian real estate landscape, the introduction of Bill C-86, encompassing the Beneficial Ownership Disclosure Regulations, marks a significant legislative change. This bill requires…
The Canada Housing and Mortgage Corporation’s (CMHC) Shared Equity Program is a pivotal initiative in the Canadian real estate sector aimed at making homeownership more…