The Government of Ontario is sending controversial Bill 97 on its way to receive royal ascent. During Monday’s legislative session, the bill, dubbed the Helping Homebuyers, Protecting Tenants Act, was carried amid pushback from Ontario municipalities and residents alike…Those in the real estate and development industries, however, appear to be supportive of the bill. The Ontario Real Estate Association (OREA) issued their congratulations upon the bill’s passing, highlighting a section that provides funding to help clear the backlog at the Landlord and Tenant Board, as well as the bill’s cutting of red tape around developments.
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