The Canadian Real Estate Association / L'association Canadienne de L'immeuble
Registration:
50
of
92
(2013-02-14
to
2013-03-14)
Legislative Proposal, Bill or Resolution
- Excise Tax Act with respect to the goods and services tax/harmonized sales tax New Housing Rebate - working to enhance the value of the rebate for Canadian home buyers.
- Federal Budget with respect to tax measures to permit the rollover of Recaptured Capital Costs, working to enhance the value through indexation of the Registered Retirement Savings Plan Home Buyers' Plan for Canadian homebuyers, as well as enabling home buyers to re-use the Home Buyers' Plan after significant life events.
- Income Tax Act with respect to limits to the Deductibility of Interest and other Expenses, and the tax deductibility of Brownfield remediation expenses
- Income tax act with regard to indexing the Home Buyers' Plan to the Consumer Price Index, as well as enabling home buyers to re-use the Home Buyers' Plan after significant life events.
- Income tax act with regard to the deferral of capital cost allowance recapture for real property investments.
- Lobbying Act Amendments pursuant to Parliamentary Committee review
Legislative Proposal, Bill or Resolution, Regulation
- Income Tax Act and regulations with respect to the more than five employee test to qualify as an active business for real estate
- Lobbying Act and related regulations with respect members of boards of directors of non-profit organizations
- Proceeds of Crime (Money Laundering) and Terrorist Financing Act with respect to the proposals impacting real estate agents and brokers referenced in the Department of Finance consultation papers, the Regulations Amending the Proceeds of Crime (Money Laundering) and Terrorist Financing Regulations published in the Canada Gazette on October 13, 2012, as well as the five year Parliamentary review of the legislation.
- Proposed Pooled Registered Pension Plans with respect to impacts on the Home Buyers' Plan.
- Species at Risk Act with respect to compensation provisions
- To treat certain renovations and updates to investment properties as current deductible expenses for income tax purposes
Policies or Program
- Affordable First Nations Home Ownership with regard to more flexible arrangements to facilitate down payments and mortgages with respect to the Canada-Manitoba Affordable Housing Program, Aboriginal Capacity Development Program, and the Homeowner Residential Rehabilitation Assistance Program.
- Canada Mortgage and Housing Corporation mortgage loan insurance with respect to allowing Buyer Agency Fees to be included in the mortgage amount.
- Canada Mortgage and Housing Corporation with respect to the composition of its Board of Directors
- Marihuana Grow Operations (MGO) and clandestine labs with respect to registries of former MGOs and clandesine labs and remediation standards.
- Memorandum of Understanding between the Canadian Real Estate Association and PWGSC, re: the disposal of federal surplus property
- Registered Retirement Savings Plan Home Buyers' Plan - Working to enhance the value of the program through indexation for Canadian home buyers.
- Retirement income adequacy with respect to the retirement income considerations of REALTORS(R).
Regulation
- Marihuana for Medical Purposes Regulations (MMPR) with respect to licensing, disclosure and remediation of production sites, and disclosure and remediation of properties licensed under the Marihauna Medical Access Regulations (MMAR).
- National Do Not Call List - implementation. Working to ensure compliance with all regulations.
- Proceeds of Crime (Money Laundering) and Terrorist Financing Act - regulations regarding reporting requirements
- Regulations developed under Bill C-28 (An Act to promote the efficiency and adaptability of the Canadian economy by regulating certain activities that discourage reliance on electronic means of carrying out commercial activities, and to amend the Canadian Radio-television and Telecommunications Commission Act, the Competition Act, the Personal Information Protection and Electronic Documents Act and the Telecommunications Act
(Fighting Internet and Wireless Spam Act)) with respect to electronic messages sent by REALTORS(R).
- The Proceeds of Crime (Money Laundering) and Terrorist Financing (PCMLTF) with respect to compliance regarding mere postings on Multiple Listing Service (R) Systems.
- The mortgage insurance guarantee framework with respect to changes to mortgage financing rules for homebuyers