The Ontario government is taking steps to boost consumer confidence in the industry for newly-built homes in the province.
A new standalone regulator will provide better oversight of home builders, Minister of Government and Consumer Services Tracy MacCharles said.
The proposed changes to the Ontario New Home Warranties Plan Act and the Tarion Warranty Corp. were unveiled Tuesday by Ms. MacCharles, who plans to introduce a bill in the legislature this fall.
She plans to move responsibility for setting warranty terms from Tarion to the government.