“Homebuyers set to lose unprotected deposits of up to $150K after GTA developer refused licences”

A rational reminder for people who constantly chase new builds instead of “used” homes.

“Purchasers put down a combined $5.7 million in deposits across 2 cancelled townhouse projects”

https://www.cbc.ca/news/canada/toronto/gta-homebuyers-set-to-lose-millions-unprotected-deposits-1.6435599