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As real estate professionals, you have an exciting job helping Canadians achieve a major goal in their lives: buying a home. As such, your work makes you uniquely positioned to help strengthen the financial literacy of Canadian home buyers by giving them the tools they need to achieve their financial goals. The fact is personal
Budget planning can help home buyers achieve financial goals Read More »
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At the Ontario Real Estate Association’s REALiTY Conference last week OREA president Sean Morrison announced that the Ontario Government has passed the Trust in Real Estate Service Act, 2019 (TRESA). “This is a huge win for our Realtor members, their clients and hardworking Ontarians across the province,” said Morrison. OREA has been advocating for a
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At the turn of the year, many of your clients may have become first-time home buyers. As a result of ongoing efforts, Budget 2019 included not only an increase to the withdrawal limit for the Home Buyers’ Plan (HBP), but also an expansion of eligibility criteria through a redefinition of what the federal government considers
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BILL 145 – the Trust in Real Estate Services Act, 2019 (“TRESA”) Lisa Thompson, Minister of Government and Consumer Services recently wrote a letter to Chief Executive Officer at OREA, Tim Hudak in response to the proposed amendments to Bill 145. The existing Code of Ethics regulation (o.Reg. 580/05) under the ACT sets out alternative
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