Pilot program adds six months to early marketing period under the Real Estate Development Marketing Act (REDMA) and new consumer disclosure requirements for pre-sales

Canada: Effective February 25, 2025, BC Financial Services Authority (BCFSA) has launched a new pilot to allow eligible developers with projects containing 100 or more development units to extend their early marketing period from 12 months to 18 months for pre-sales under Policy Statements 5 (building permit) and 6 (financing/services).

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