Tarion CEO steps down, minister orders changes to board
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Monthly Digital Subscription
$0 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*No charge for 4 weeks then price increases to the regular rate of $19.00 plus GST every four weeks. Offer available to new and qualified returning subscribers only. Cancel any time.
Monthly Digital Subscription
$4.75/week*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Billed as $19 plus GST every four weeks. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $16.99 plus GST for four weeks. After four weeks, your payment will increase to $23.99 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 05/12/2019 (2164 days ago), so information in it may no longer be current.
TORONTO – Ontario’s government and consumer services minister says she asked the CEO of the corporation that enforces warranties on new homes to step down.
That follows a recent auditor general report that slammed Tarion Warranty Corp., saying it has favoured the interests of builders over homeowners.
Minister Lisa Thompson says last week the CEO agreed to step down, and she has ordered changes to Tarion’s board.
Previously, Tarion required half of its board of directors to be nominated by the Ontario Home Builders’ Association, but Thompson says now no more than a third of the board will represent new homebuilders and vendors.
Thompson also introduced legislation Thursday that she says would enhance consumer protection, such as giving the warranty administrator greater ability to scrutinize builder applications and conduct more risk-based inspections before a homeowner moves in.
The government has previously announced it will establish a separate regulator for new homebuilders — something that has been handled by Tarion, and which critics have called a conflict of interest.
This report by The Canadian Press was first published on Dec. 5, 2019.