Accountability is in Tarion's Code of Conduct. But where is it when it comes to increasing the $300,000 cap on its payouts?

Two years after Ontario's Standing Committee on Public Accounts recommended that "Tarion Warranty Corporation increase the maximum limit of $300,000 paid to homeowners when builders do not honour their warranty, to better reflect the costs of home construction in Ontario", Tarion still has not done this!

CPBH continues to hear regularly from homeowners who are worried that their claims will exceed the $300,000 - as well as from some whose claims exceeded the $300,000.

CPBH has written a number of times to Mr. Hari Panday, the Tarion board chair who is pictured here, about this. We wrote to him again today.  Here are questions that we continue to ask of him:

• As the Tarion board chair, why are you allowing Tarion to continue to stall on this?
• When do you expect that the amount will be increased beyond $300,000?
• Exactly how many claims have exceeded the $300,000 limit?
• By how much did each of them exceed the $300,000 limit?
• Will Tarion consider these homeowners for a "customer service gesture" from Tarion to cover legitimate claims in excess of $300,000?

This is yet another example of why Tarion's monopoly needs to end.

#EndTarionMonopolyNOW