Two Thirds (65%) of Ontario Homeowners Oppose McGuinty Government Proposed Mandatory Home Energy Audit Program



    
            Principal Residence Homeowners Overwhelmingly Support
                 Voluntary (92%), Not Mandatory (8%), Audits
    

    TORONTO, April 20 /CNW/ - A poll released today by the Ontario Real
Estate Association (OREA) indicates that two-thirds (65%) of Ontario's
principal residence homeowners oppose the recently proposed McGuinty
government mandatory home energy audit program and instead overwhelmingly
favor voluntary audits (92%).
    Moreover, the poll found that 70 per cent of Ontario homeowner's think
that mandatory home energy audits will deter homeowners from selling their
home, having a detrimental effect on the real estate sector and the Ontario
economy.
    The poll was conducted by Ipsos-Reid for the Ontario Real Estate
Association (OREA) to judge consumer reaction to the provincial government's
proposal for mandatory home energy audits prior to sale.

    
    The survey also found:

    -  Two thirds (62%) of Ontario homeowners believe proposed program is a
       "poor idea" and seven in 10 (68%) say it's unnecessary

    -  A massive majority (94%) of Ontario homeowners believe mandatory home
       energy audits will impose significant cost on home sellers and first
       time buyers (82%)
    

    "During these difficult economic times, homeowners are right to oppose a
system of mandatory requirements that could see them paying thousands of
dollars to preserve equity in their homes," said Pauline Aunger, President of
OREA.
    REALTORS(R) are primarily concerned that the results of these energy
audits will be used by home buyers as bargaining chips to significantly reduce
the final selling price.
    "Mandatory home energy audits will erode hard earned home equity," said
Mrs. Aunger. "Now is not the time for increased regulation of Ontario's
homeowners. Consumer spending and the real estate industry are vital to the
recovery of our economy," she said.
    "Today's poll is very compelling evidence that Ontario's homeowners don't
want mandatory home energy audits," said John Wright, Senior Vice President of
Ipsos Reid, who conducted the poll.
    OREA supports a system of voluntary home energy audits combined with
improved incentives to offset more of the costs of energy efficiency
retrofits.
    OREA represents 47,000 brokers and salespeople who are members of the 42
real estate boards throughout the province. Members of the association may use
the "REALTOR(R)" trademark, which identifies them as real estate professionals
who subscribe to a high standard of ethics and service.
    The findings of the poll conducted March 30 to April 1, 2009 of 692
principal residence homeowners in Ontario from Ipsos Reid at
http://www.ipsos-na.com/news/






For further information:

For further information: Jim Flood, Director of Government Relations,
(416) 442-3408

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Ontario Real Estate Association

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