Provincial Election June 12th:
As you know, there will be an election June 12th. The "Election Budget" that was tabled last week was essentially a Liberal Party platform designed to attract current NDP supporters on the left, and contrast directly with the PCs on the right. The outcome will have most significant implications for builders.
What does this mean?
- Based on the current polling, the Liberals are neck-and-neck with the PCs and the NDP are very close behind. Any one of the three major parties could form the next government. Furthermore, based on current levels of support, the next government will likely be another minority.
- There are almost 200 pieces of existing legislation currently before Ontario’s Legislature. All these bills will now die on the Order Paper.
Below are Links for more analysis of the 2014 ON Budget:
We will continue to monitor the developments at Queens Park and advocate for our industry. Meanwhile, RESCON’s and its affiliates, Boards, volunteers and staff will continue to be dedicated to addressing many critical issues of concern to builders.
The issues include for example: housing policies, infrastructure, mid-rise timber frame construction, the College of Trades, WSIB and safety issues, Tarion, Construction Lien Act (Prompt Payment), accessibility, energy efficiency, environmental assessments, labour relations, training & education. All have significant consequences for us and the housing market we serve. Wherever possible, we shall work with like-minded organizations such as the OHBA and BILD to hit our objectives.
Below are some news items which I hope you will find helpful. Please continue to share your ideas and comments.