Buyers will likely have more protection this fall, as the provincial government plans to regulate the home inspection industry.
Consumer Services Minister Marie-France Lalonde says a new bill will require home inspectors to be licensed and set minimum standards for contracts and home inspection reports.
Lalonde, in front of reporters at Campbell House, said inspectors are the only ones in the home buying process that are not regulated by the province, which she considers a “gap” in the sector.
With a plan to establish a body for administering and enforcing the licensing and regulations, Lalonde says the legislation would protect consumers by ensuring they benefit from quality advice and are aware of safety issues before buying a home.
The Liberals estimate that are 1,500 home inspectors in Ontario.
The province assembled a panel of industry experts in 2013 to draft a report on the issue and the panel recommended that inspectors be required to pass a written exam and a field test in order to become licensed.