Categorized | Ontario News

News Release: Ontario Expanding Protection for Consumers Making Big Purchases

Posted on 09 October 2017 by admin

  

News Release

Ontario Expanding Protection for Consumers Making Big Purchases

October 5, 2017

Proposed Changes Improve Protections for Building a New Home and Buying Travel, Real Estate and Event Tickets

Ontario is introducing legislation that would, if passed, strengthen protection for consumers making significant purchases like buying event tickets or travel services, and purchasing or selling real estate, including newly built homes.

Tracy MacCharles, Minister of Government and Consumer Services, made the announcement today in Toronto.

The Strengthening Protection for Ontario Consumers Act would:

  • Strengthen confidence in Ontario's new home warranties and protections by introducing significant changes, including the creation of two administrative authorities — one to administer the new home warranty program and one to regulate new home builders and vendors.
  • Introduce stronger rules and professional standards in the real estate sector, including new measures to address conflict of interest issues that arise in multiple representation situations and heavier fines for Code of Ethics violations by real estate professionals.
  • Further protect consumers buying travel services by enabling the creation of new rules for representations, such as advertising by out of province travel businesses that target Ontarians, creating new registration requirements for individual travel salespersons and improving compliance with the rules by enhancing enforcement tools, such as administrative penalties.
  • Help prevent ticket fraud and excessive markups in the resale ticket market, including banning ticket bots and the sale of tickets that were purchased using bots, capping the resale price of tickets at 50 per cent above face value, requiring businesses selling or reselling tickets to disclose key information to consumers and establishing new enforcement measures.

Strengthening consumer protection is part of our plan to create jobs, grow our economy and help people in their everyday lives.

 

 

QUICK FACTS

  

Comments are closed.

Advertise Here
Advertise Here

WHAT MATTERS TO YOU, MATTERS TO US

OUR SLOGAN

“What Matters To You, Matters To Us" .

REACH YOUR TARGET MARKET VIA TIMES OF SRI LANKA

In the world of online advertising, the success rate of creating brand awareness is 91%. Call 416-445-5390 or email timeslanka@rogers.com and let us offer you introductory rates and get you going! Our audience is primarily South Asians expat community and the Sri Lankan expat community globally.

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 5 other subscribers

CLEARPOINT RESIDENCIES

800+ VISITORS/DAY WWW.TIMESLANKA.COM

SPECIAL OFFER - 2017

“E-Mail timeslanka@rogers.com " .


Advertise
REMITR
HOME INSPIRATIONS
CP24
MACLEANS CANADA 150
SL NEWSROOM
BBC NEWS
TOP 10 CRICKETERS
ADVERTISE HERE
LOTUS TOWER
GOLD FM
ContactUs.com