Amendments to the Ontario New Home Warranties Plan Act
Bill or Act:
Ontario New Home Warranties Plan Act
Summary of Proposal:
Update: Bill 109, the More Homes for Everyone Act, 2022 was passed by the Legislature and received Royal Assent on April 14, 2022. As such, please note that the public comment function on this posting is now closed. If you have any questions, please contact the ministry at firstname.lastname@example.org.
Ontario is the best place to live, start a business and raise a family - but we can only build on our success if all Ontarians and their families are able to find a home that's right for them. The province's housing policies are working to get more homes built faster, but too many Ontarians still struggle to find a home. We are introducing More Homes for Everyone, that proposes targeted policies for the immediate term that make housing fairer for hard-working Ontarians and make it faster to build the homes that families need and deserve. Addressing the housing supply crisis is a long-term strategy that requires long-term commitment and co-ordination from all levels of government.
The Task Force report is our long-term housing roadmap. Similar to Ontario's approach with regular Red Tape Reduction bills, the province is committed to implementing the Task Force's recommendations with a housing supply action plan every year over four years, starting in 2022-2023, with policies and tools that support multi-generational homes and missing middle housing.
We welcome your thoughts on the following changes proposed under Bill 109, the proposed More Homes for Everyone Act, 2022, which, if passed, would help make housing fairer for hard-working Ontarians and make it faster to build the homes that families need and deserve.
The Ministry of Government and Consumer Services is proposing amendments to the Ontario New Home Warranties Plan Act (Warranties Act). If approved, the changes would:
- Provide Tarion regulatory authority to extend the duration of statutory warranties for items in a new home that are not completed when the warranties for the home begin (i.e. when a home is completed for the homeowner's possession). Tarion's authority would be subject to the Minister's approval and the Lieutenant Governor in Council (LGIC) would retain its existing authority to make these regulations.
- Make other minor housekeeping amendments to correct cross references in the Warranties Act.
Analysis of Regulatory Impact:
The amendment establishes regulatory authority for Tarion to extend the statutory warranties in the Warranties Act for items that are unfinished when the warranties for the home begin. On its own, the proposed amendment imposes no cost and provides no immediate benefits until a subsequent regulation has been developed. As a result, the amendment does not create any new direct compliance costs or savings to regulated entities, nor does it create costs to the public or government.
An assessment of regulatory impact will form part of the regulation consultation and development process.
March 30, 2022
Comments Due Date:
April 25, 2022
Ministry of Government and Consumer Services
56 Wellesley St. W, 6th Floor
Update: Bill 109, the More Homes for Everyone Act, 2022 was passed by the Legislature and received Royal Assent on April 14, 2022.