12-Month Lobbying Summary - Consultant

Details Regarding the Identified Subject Matter

Subject matters	Details	Categories
Small Business, Taxation and Finance	An Act respecting certain measures in response to COVID-19 and otherCOVID-19 related policy with respect to support for the self-employed,independent contractors, small businesses, those living on a commission-based income.	Policies or Program, Regulation
Financial Institutions, Taxation and Finance	Anti-Money Laundering and Terrorist Financing Policy with respect to the National Risk Assessment with respect to its impact on REALTORS(R).	Policies or Program
Budget, Housing	Canada Mortgage and Housing Corporation policy with respect to serving underserved markets with mortgage default insurance, mortgage default insurance deductibles and role as a public sector provider of mortgage default insurance.	Policies or Program
Budget, Housing	Canada Mortgage and Housing Corporation with respect to the composition of its Board of Directors	Policies or Program
Financial Institutions, Taxation and Finance	Canadian government's role with respect to the Financial Action Task Force (FATF) as it impacts the Proceeds of Crime (Money Laundering) and Terrorist Financing Act and regulations.	Policies or Program
Budget, Financial Institutions, Housing, Taxation and Finance	Comprehensive Financial Consumer Code with respect to mortgage policy	Policies or Program
Budget, Housing, Taxation and Finance	Consumers and Real Estate Transactions such a the Prohibition onthe Purchase of Residential Property by Non-Canadians Act	Policies or Program
Housing, Taxation and Finance	Economic and Fiscal Update Implementation Act, 2021, part 2underused housing tax (UHT), client has consistently recommended measures that increase domestic housing supply, concerns are in regards to the effectiveness of an Underused Housing Tax (UHT) and the potential for unintended consequences on the Canadian housing markets.	Legislative Proposal, Bill or Resolution
Budget, Housing, Taxation and Finance	First-Time Home Buyers' Tax Credit with respect to impact on first-time homebuyers	Policies or Program
Budget, Housing, Taxation and Finance	Implementation of Code of Conduct for Federally Regulated Financial Institutions—Mortgage Prepayment Information with respect to enhancing borrower awareness	Policies or Program
Budget, Housing, Taxation and Finance	Income tax act with regard to the deferral of capital cost allowance recapture for real property investments.	Legislative Proposal, Bill or Resolution
Budget, Financial Institutions, Housing, Taxation and Finance	Mortgage financing rules under the jurisdiction of the Office of the Superintendent of Financial Institutions	Policies or Program
Budget, Housing, Small Business, Taxation and Finance	Proceeds of Crime (Money Laundering) and Terrorist Financing Act - regulations regarding reporting requirements	Regulation
Budget, Financial Institutions, Housing, Small Business, Taxation and Finance	Proceeds of Crime (Money Laundering) and Terrorist Financing Act with respect to the implementation of the Regulations Amending the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations published in the Canada Gazette Part II on February 13, 2013and the guidance provided by FINTRAC as a result of those regulations and their impact on real estate agents and brokers.	Policies or Program
Budget, Housing, Taxation and Finance	Registered Retirement Savings Planwith regard to the Home Buyers' Plan.	Policies or Program
Financial Institutions, Housing, Taxation and Finance	Risk Based Approach guidance provided by the Financial Transactions and Reports Analysis Sector with respect to its impact on REALTORS(R).	Policies or Program
Budget, Housing, Transportation	The Canadian Aviation Regulations with respect to the use of Unmanned Aerial Vehicles for use for real estate listings	Regulation
Financial Institutions, Housing, Taxation and Finance	The Proceeds of Crime (Money Laundering) and Terrorist Financing(PCMLTF) with respect to compliance regarding mere postings on Multiple Listing Service (R) Systems, and application to For Sale By Owner Companies and auctioneers.	Regulation
Financial Institutions, Small Business, Taxation and Finance	The Proceeds of Crime (Money Laundering) and Terrorist Financing(PCMLTFA) with respect to a threshold for and reduced compliance for small business.	Regulation
Budget, Housing, Taxation and Finance	The mortgage insurance guarantee framework with respect to changes to mortgage financing rules for homebuyer	Regulation

• Subject matter details in previous versions

  Details Regarding the Identified Subject Matter

  Subject matters	Details	Categories
  Subject matters were not required to be associated with subject matter details when this content was submitted	HAVE FINANCIAL INSTITUTIONS RE-EVALUATE THE THE QUALIFICATION LEVELS NEEDED TO APPLY FOR MORTGAGES. POSSIBLY REVIEWING THE GDS RATIO THAT THE BANKS MAY USE FOR FIRST TIME BUYERS.	Policies or Program, Regulation
  Subject matters were not required to be associated with subject matter details when this content was submitted	HAVE THE FINANCIAL INSTITUTIONS POSSIBLY REVIEW THE QUALIFICATION REQUIREMENTS FOR THE FIRST TIME BUYERS AND THE USE OF GIFTED FUNDS. THIS COULD EVEN BE A REVIEW OF THE GDS RATIO THAT THE BANKS ARE USING TO CALCULATE WHAT THE BUYER CAN AFFORD TO PAY FOR MORTGAGES.	Policies or Program, Regulation

  Subject matters in previous versions

  • Financial Institutions

Government Institutions

• Bank of Canada
• Canada Infrastructure Bank
• Canada Mortgage and Housing Corporation (CMHC)
• Finance Canada (FIN)
• Financial Consumer Agency of Canada (FCAC)
• Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
• House of Commons
• Infrastructure Canada (INFC)
• Office of the Superintendent of Financial Institutions Canada (OSFI)
• Prime Minister's Office (PMO)
• Transport Canada (TC)

Communication techniques

Communication techniques that have been used or are expected to be used in the course of the undertaking:

• Oral communication
• Written communication
• Arrange one or more meetings

LARRY CERQUA, Member of the Board of Directors for the organization (Business address and contact information)

No public offices held