The number of condominiums in Ontario continues to increase rapidly, and the Condominium Act of 1998 is considered outdated.
A private member’s bill, Bill 79, the Condominium Owners Protection Act is now slowly winding its way through interminable readings at Queen’s Park, but it will likely take a few years before coming into force.
Read below what the new Act proposes to do (and you’ll get an idea of what the current legislation doesn’t do for condo owners):
Trinity Spadina MPP Rosario Marchese, who sponsored Bill 79, also believes that the Tarion Warranty Corporation, which provides new home warranties is not doing enough to assist consumers and he'd like the board more weighted in favor of nominees with a background in consumer advocacy.
COPYRIGHT 2015 Kay Langmuir