News Releases

Ontario REALTORS^® recommend HST relief for homebuyers
February 16, 2010 - Ontario REALTORS^®  are calling on the Government of Ontario to provide relief from the harmonized sales tax (HST) for homebuyers by reducing the provincial land transfer tax (LTT) rate. Full story...

HST legislation means big tax increase on home buyers, sellers and owners, say Ontario REALTORS^®
Toronto, November 16, 2009 - Today the Government of Ontario formally launched its latest assault on homeowners, purchasers and sellers with the introduction of Bill 218, the Ontario Tax Plan for More Jobs and Growth Act 2009, says the Ontario Real Estate Association. Full story...

McGuinty Government Targets Home Sellers with New Energy Tax
May 14, 2009 - The McGuinty government today gave third and final reading to Bill 150, the Green Energy Act, which, when implemented, will impose significant new costs on home sellers in Ontario. Full story...

Property Rights Strengthened Under New Mining Act
May 7, 2009 - Proposed changes to Ontario's Mining Act will strengthen property rights in Ontario, says the Ontario Real Estate Association (OREA). The Government of Ontario introduced Bill 173, the Mining Act Amendment Act, 2009, in the Ontario Legislature last week after a lengthy consultation process. Full story...

Two Thirds (65%) of Ontario Homeowners Oppose McGuinty Government Proposed Mandatory Home Energy Audit Program
April 20, 2009 - A poll released today by the Ontario Real Estate Association (OREA) indicates that two-thirds (65%) of Ontario's principal residence homeowners oppose the recently proposed McGuinty government mandatory home energy audit program and instead overwhelmingly favor voluntary audits (92%). Full story...

Sales tax harmonization will hurt resale market
March 26, 2009 - Ontario's REALTORS^® say the McGuinty governments plan to harmonize the GST and PST will add over $2,000 to the cost of a real estate transaction, hurting the resale home market and prolonging the housing industry's recovery from the current economic downturn. Full story...

Sales tax harmonization will hurt the home buyers and sellers
March 18, 2009 - Ontario's REALTORS^® urge the Government of Ontario and the Minister of Finance to avoid sales tax harmonization in the upcoming March 26th budget. Full story...

Mandatory home energy audit could significantly hurt home sellers in an already tough economy
February 24, 2009 - Ontario REALTORS^® agree with the principle of energy efficiency for homes expressed in the Government of Ontario's proposed mandatory home energy audit, but the say that the additional costs will hurt homeowners, especially in these economic times. Full story...

York Region Real Estate Board dissolves to improve REALTOR^® service
June 24, 2008 - The members of the York Region Real Estate Board approved a recommendation of the board of directors to dissolve the board so that all REALTORS^® within the board's boundaries will be better served. Full story...

Ontario's Housing Industry Submits Poverty and Affordable Housing Solutions to Ontario Government
Toronto, May 8, 2008 - A coalition of groups representing Ontario's Housing Industry released a wide ranging set of recommendations today to the Ontario government to address the province's poverty and affordable housing challenges. Full story...

Afghan troops to get a warm reminder of home
December 4, 2006 - Thanks to Canadian REALTORS^®, Canadian troops in Afghanistan will have a warm reminder of home this holiday season. Full story...

REALTORS^® avoid Law Society regulation
Toronto, October 19, 2006 – The Ontario Real Estate Association (OREA) has succeeded in its push to amend legislation that would have made Ontario REALTORS^® subject to regulation by the Law Society of Upper Canada (LSUC). Full story...