The province is also considering whether there should be a requirement for buyers of all new homes to receive legal advice on purchase agreements
Published Mar 31, 2023 at 6:23pm
A house for sale sign is shown in front of a house in Oakville, Ont., west of Toronto, Sunday, Feb.5, 2023. THE CANADIAN PRESS/Richard Buchan
TORONTO — Ontario is expanding deposit insurance to credit unions for homebuyers.
Public and Business Service Delivery Minister Kaleed Rasheed says the measures will help protect Ontario credit union members who are saving for their first home.
The changes would apply to credit union members who have a first home savings account.
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