I had written previously about legislation to amend the Electronic Commerce Act to remove the exclusion on land transactions. The government’s bill to do so has now passed, as part of the budget legislation for 2013 (schedule 5).
The amendments will come into force on proclamation. The government has been talking and will continue to talk with stakeholders about measures that might be useful to ensure that the change does not increase the risks of real estate fraud. (If you have suggestions about such measures, feel free to mention them here.)
The Ontario Real Estate Association was enthusiastic about the change.
It is safe to assume that the private member’s bill that did the same thing, along with other changes, will not proceed.