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A New Builder Regulatory Authority

The passage of the Rebuilding Consumer Confidence Act (Bill 159) in July 2020 signalled a big change on the homebuilding horizon in Ontario.

Beginning Feb. 1, all builder licensing and renewals required to build and sell new homes in Ontario will be moving to the Home Construction Regulatory Authority (HCRA), with Tarion Warranty Corporation serving only as the warranty authority.

All registered builders renewing between Nov. 1, 2020 and Feb 1, 2021 should have received a formal 150-day extension to their licence from Tarion until HCRA officially opens its doors. Visit hcraontario.ca for more information.

Tarion will continue to be the warranty authority with responsibilities for underwriting and enrollments. A new enrollment process will be in place, along with undated Builder Bulletins. It is important that all licensed builders review this new information at Tarion.com.

Tarion’s enrollment fee will increase by $90 on all new enrollments beginning Feb. 1 to support HCRA as a result of the changes to the new home warranty system in Ontario.