Mr. Speaker, I am aware that CMHC actually has the clause built in about protecting the loan. Mr. Speaker, as I cited today, back in the ‘70s Alberta instituted protection for home buyers to make sure that their home had a warranty if something happened. We don’t have to look very far here in the recent past with Bayview Estates when the builder ran into problems and the project came to its knees and a grinding halt. That put those potential homeowners at significant risk. Mr. Speaker, would the Minister look into the issue of potentially creating legislation that could provide this type of protection to people who want to buy new homes, and so when they put an enormous amount of risk, as money is concerned, they are protected? Thank you.
Robert Hawkins on Question 268-16(4): New Home Warranty Programs
In the Legislative Assembly on February 8th, 2010. See this statement in context.
Question 268-16(4): New Home Warranty Programs
Oral Questions
February 7th, 2010
See context to find out what was said next.