Premier slams Ontario developer that raised condo

2022-04-05
  • Detail
Premier slams Ontario developer that raised condo prices by $100K after cancelling sales deals | CBC News - Today News Post News Today || Canada News |

Premier Doug Ford on Monday criticized an Ontario developer that?cancelled dozens of years-old sales deals with buyers of?under-construction condo units —?unless they agreed to pay more.

“Nothing burns me up more than that — some developer just trying to make extra money off the backs of hard-working people. UnacceptableThe roadblocks,” Ford said when asked?at a news conference in Orillia, Ont., about the actions of Pace Developments, based in Richmond Hill.

“You signed a contract. You better … build that damn house.”

Last week, CBC News reported on how the company?suddenly cancelled?pre-construction contracts with 70 buyers of walk-up condos at?its Mapleview DevelopmentsThe province develops guidance based on previous steps., known as Urban North TownhomesDr. Brendan Hanley and Deputy Chief, in Barriein some ways, about 100 kilometres north of Toronto.?

Copyright © 2011 JIN SHI