Consumers who purchase newly constructed homes in Ontario will be further protected with heavy fines up to $50,000 that can be levied against home builders who breach licensing or ethical rules, under provincial regulations that came into effect as of Wednesday.
The Home Construction Regulatory Authority (HCRA), in its second year of operating, has been given the legislative authority as of Feb. 1 to impose hefty administrative penalties on home builders or vendors in the province of Ontario that “breach their legal and ethical obligations.”
