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$50K Fines & Iceberg Home Crackdown
$50K fines coming Jan 1, new rules for underground mansions, and another brokerage shut down.
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Today, we’re covering
📝 Landlords: $50K Fine if You Miss This Jan 1 Deadline
🧊 Toronto Moves to Regulate ‘Iceberg Homes’
😬 RECO Freezes Another Brokerage's Accounts
🎰 Ontario Wants Mega Casinos in Niagara Falls
🤒 Sick Days Jump 14% After Office Return
😲 WTF of The Week
Read Time: 5 minutes
📝 Landlords: $50K Fine if You Miss This Jan 1 Deadline
Source: Ontario.ca
The 411: Ontario is setting new carbon monoxide alarm requirements starting January 1, 2026, requiring property owners to install CO alarms on every storey of residential homes with fines up to $50,000 for individuals and $500,000 for corporations who don't comply.
Ontario Fire Code is being updated to require more extensive carbon monoxide (CO) alarm installation in homes, effective January 1, 2026
Property owners must install additional CO alarms on all storeys of residential homes and buildings, not just outside sleeping areas
CO alarms are required in all residential buildings with fuel-burning appliances (gas furnace, hot water tank), attached garages, or fireplaces
Carbon monoxide is odourless, colourless, and tasteless and alarms are the only way to detect it
Penalties for non-compliance are significant: up to $50,000 for an individual's first offence, $500,000 for a corporation's first offence
Why This Matters: Policy changes like this directly affect homeowners and landlords, and staying on top of new requirements means avoiding hefty fines and, more importantly, keeping people safe. We track these shifts so you don't have to scramble when deadlines hit.