Ontario’s Liberal government has proposed a batch of new rules aimed at protecting consumers.
The regulations, part of the government’s proposed Putting Consumers First Act, target the controversial payday lending industry, high-pressure door-to-door sales and home inspections, which are currently unregulated.
Marie-France Lalonde, the minister of Government and Consumer Services, made the announcement today with MPPs Yvan Baker and Han Dong at the City of Toronto’s Mackenzie House museum. Baker and Dong had previously forth private member’s bills on home inspections and door-to-door sales, but progress on those bills ended with the dissolution of the legislature.
If approved, the new rules would:
- Ban door-to-door sales of appliances such as water heaters and furnaces that are not initiated by customers themselves
- Introduce mandatory licensing for home inspectors by 2019 and impose standards on home inspections
- Establish new rules around payday loan collection practices, restricting frequent borrowing and increasing repayment timelines for repeat borrowers
“Protecting consumers, whether at home or in the marketplace, is an important priority of our government,” Lalonde said. “We have an ongoing commitment to foster a transparent and informed marketplace where Ontarians are treated fairly.”