My question is for the Minister of Public and Business Service Delivery.

Speaker, buying a new home is a major transaction—and often once in a lifetime—but it should not be a worrisome and stressful experience for individuals and families because they are concerned about the quality of the new home they are purchasing.

Under the previous Liberal government, regulations were lacking to ensure that the interests and needs of new home buyers were protected. Unfortunately, their failure to implement and enforce professional standards in the building industry put many people at unnecessary risk.

Hard-working Ontarians deserve to be treated fairly when making one of the biggest purchases of their lives.

Can the minister please explain how our government is strengthening protections for new home buyers?

The constituents in my riding of Simcoe–Grey have expressed concern about the potential cooling-off period and that it could lead to more new home project cancellations by builders and vendors. There is a lot that can happen between the time a buyer signs an agreement of purchase and sale and when they get their keys to their new home, as we have seen over the last 24 months.

Our government must take action to ensure that the consumer protections are increased and that companies that build and sell homes in Ontario are held accountable to ensure that they are acting responsibly and ethically.

Can the minister please elaborate on how this initiative will give new home buyers confidence in the building industry in Ontario?