Regulator seeks to revoke Ontario homebuilder’s licence, alleging illegal building and selling [Video]

Ontario’s home construction regulator is seeking to revoke the licence of a builder that has admitted to selling homes without legal approvals and left more than 100 buyers out millions of dollars in down payments. 

The Home Construction Regulatory Authority (HCRA) has started the legal process of revoking and refusing to renew licences of three corporations associated with Sunrise Homes, which the regulator says is the most serious action it can take because it effectively puts a builder out of business. 

“Builders that attempt to bypass the regulator and the requirements for building and selling new homes in Ontario will never be acceptable,” HCRA spokesperson Tess Lin said in an emailed statement. 

Last month, CBC Toronto reported on issues with the Sunrise Homes company, including projects going into receivership, allegations of misappropriation of funds and one particular project that’s recently left 117 buyers out about $14 million collectively — of which they are trying to recover about $10 million through Tarion, the …