Doing More to Protect New Home Buyers

This government is fulfilling our commitment to help new home buyers and expand consumer protection across the province.

We are getting more homes built faster, and better protecting consumers by expanding deposit insurance for credit union members saving for the purchase of their first home. 

This government is also exploring a cooling-off period on purchases of newly built freehold homes as well as mandatory legal review of new home purchase agreements so we can better protect consumers when they make one of the biggest purchases of their lives – a new home.

This government provides best-in-class protections, so the people of Ontario have confidence when they spend their hard-earned money.

Learn more: https://news.ontario.ca/en/release/1002887/ontario-adding-new-protections-for-home-buyers