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Established in 1997, the Real Estate Council of Ontario is a not-for-profit corporation that regulates the trade of real estate in Ontario in the public interest. On behalf of the Government of Ontario, it administers and enforces the Real Estate and Business Brokers Act, 2002 and its regulations. In Ontario, any individual or business trading ...
In August 2023, the Ontario government announced that it was postponing a provincewide property reassessment as it conducts a new review of the accuracy and fairness of the system. In 2022 alone, MPAC added more than $37.8 billion to municipal rolls across Ontario through its assessments of new construction and renovated properties.
In March 2017, the cost of owning a single-family house in the Greater Toronto Area had grown 33% in 12 months. [23] In response to these trends, the provincial and federal governments attempted to slow the growth of the real estate market and gradually bring down prices, to aid first-time home buyers in a way that would cause the bubble to shrink slowly rather than burst.
The Ontario Association of Real Estate Boards (later renamed the Ontario Real Estate Association) was founded in 1922 to organize real estate activities on a province-wide basis. [citation needed] In 1930, the Ontario government brought into law the Real Estate and Business Brokers Act. The government of Ontario codified and regulated the real ...
According to Hong Kong laws, when a designated public holiday falls on a Sunday or on the same day of another holiday, the immediate following weekday would be a public holiday. However, there are exceptions; for example, as Lunar New Year 2007 falls on a Sunday (18 February), the government have designated the Saturday directly before (17 ...
2026 date. August 3. ( 2026-08-03) Frequency. Annual. Civic Holiday ( French: congé civique) is a public holiday in Canada celebrated on the first Monday in August. [ 1] Though the first Monday of August is celebrated in most of Canada as a public holiday, [ 2] it is only officially known as "Civic Holiday" in Nunavut and the Northwest ...
The Greater Toronto Area, commonly referred to as the GTA, includes the City of Toronto and the regional municipalities of Durham, Halton, Peel, and York. In total, the region contains 25 urban, suburban, and rural municipalities. [2] [3] The Greater Toronto Area begins in Burlington in Halton Region to the west, and extends along Lake Ontario ...
Government rent in Hong Kong. Government rent in Hong Kong started on July 1, 1997, with the inception of the Joint Declaration. It said that new land grants contain a standard condition that the lessee is required to pay an annual rent, equal to 3% of the rateable value from time to time of the land leased.