With the deadline of the legalization of cannabis approaching us this summer, it is inevitable to think of what this may mean for Homeowners. The legislation of Bill C-45 enables individuals to engage in cultivating cannabis plants at home – depending on the circumstances, sizes of the plants and what type of residence, this could result in significant impacts in a home. Because of this, the Canadian Real Estate Association is working diligently to implement policies that will benefit buyers and sellers of homes alike and to not be left at a disadvantage.
With potentially drastic changes pending, we will be sure to update Investors on this matter as the legislation nears.