Homebuilding in Canada
Currently, the homebuilding industry in Canada is in a flourishing state. A wide variety of professionals are involved in the Canadian homebuilding industry and they comprise homebuilders, contractors, land developers, material and product manufacturers, renovators, construction material suppliers, lenders, insurance companies, architects and designers.
The residential construction industry in Canada is a multi-million dollar industry. It is also very demanding.
In Canada, homebuilding industry or residential construction industry focuses on the following types of constructions:
* Housing estates
* Apartment blocks
* Individual homes
* Semi-fixed manufactured homes
* Prefabricated/Preassembled houses
The real estate industry in Canada is also working on the following domains:
* Environmental health
* Energy efficient/Green building
* Wind energy
* Solar energy
The Canadian government plays a pivotal role in framing the rules and regulations governing the real estate market of the country. There are two building codes that are applicable: Canadian Building Code and Provincial Building Code.
Organizations like Habitat for Humanity execute International Homebuilding Programs in different countries of the world. They carry out their operations in Canada with the help of their affiliate institutions. Their presence is felt in approximately 100 nations worldwide. They gather the funds through donations.
Homebuilder’s Associations In Canada
Following are the names of the prominent homebuilder’s associations in Canada:
* Greater Toronto Homebuilders’ Association
* Ontario Homebuilders’ Association
* National Homebuilders’ Association
* Provincial Homebuilders’ Association
These homebuilders’ associations function as the representatives of all entities participating in the Canadian homebuilding industry. Their objective is to form a stable and specialized real estate market in Canada
Ontario New Home Warranty Program
ONHWP or Ontario New Home Warranty Program offers protection to the first time homebuyers by making sure that they get the advantages from the warranty issued by their homebuilder. This program also controls and certifies every homebuilder constructing new condos and homes in the province of Ontario.
