The implementation of the new home buyers’ rescission period in British Columbia has been changed from January 1 to January 3, 2023 New implementation date of BC’s property rescission period

FSRA has published a report identifying the need to consider open banking and technological innovation in future regulation. DOWNLOAD REPORT >>

For persons in British Columbia entering into a residential real estate transaction, here is the guidance on the new home buyer’s rescission period. Home Buyer Rescission Period Consumer Guide

Newfoundland is now the 5th province to regulate high cost credit lenders. Consumer Protection and Business Practices Act Amendments Designed to Protect High-Cost Credit Borrowers

The Federation of Ontario Law Associations raises serious concerns with the proposed regulations for the foreign buyers’ ban, to be implemented in January of 2023. Read their letter here