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It’s the biggest, most important purchase most of us will ever make — our homes — and in Ontario the transaction is supposed to be covered by a government mandated group.
Yet a new audit shows too much money was spent on bonuses, and not enough time and effort was spent fixing problems.
It’s a problem now being uncovered by the Auditor General after a request to audit the organization following complaints to MPPs at Queen’s Park.
Tarion, Ontario’s new home buyer warranty program, has been around for more than 40 years and is there to protect homebuyers and backstop problems that builders can’t solve.
It all sounds so very nice to hear Tarion describe themselves:
“We serve new home buyers and new home owners by ensuring that one of their life’s biggest investments is protected,” the organization says on its website.
Soothing words to ease a troubled mind when putting your life’s savings on the line, but the audit from Bonnie Lysyk’s office found that things don’t always go as planned — and that’s disturbing.
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See Also:
(1) Ford should look west for deficit-reduction strategy
(2) Sidewalk Labs and Waterfront Toronto reach tentative deal on smart-city development: sources
(3) Charges against Ontario environment minister withdrawn due to lack of evidence
(5) Ford government to shut some agencies, streamline services
