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Barrie, Ontario

Barrie has a population of 128,430 and is Canada's 35th largest municipality, according to 2006 Census. It located in central Ontario at the heart of Simcoe County. Barrie is also located on Kempenfelt Bay on Lake Simcoe. There are over 90 parks scattered throughout the city, and several beaches including Minet's Point Beach, The Gables, and Centennial Beach. Barrie's waterfront is a popular tourist attraction, hosting several events throughout the year such as the Kempenfest Arts and crafts festival which attracts over 300,000 people. Other recreational activities residents and visitors can enjoy are skiing, hiking, boating, and more.

The city has seen phenomenal growth in the past few years--an average of 4.8% per year beginning in 2001--partly due to the young population profile and new residents relocating for economic opportunities. Barrie was recently selected by Canadian Business Magazine (October 2003) as southern Ontario's lowest cost business location.

(Pictured here: Kempenfelt Bay, Lake Simcoe )

Demographics Barrie, Ontario (Cenus 2006)

     
Ethnic Origin
Population
Percent
English
65,160
37.2%
Canadian
58,510
33.4%
Scottish
45,300
25.8%
Irish
41,390
23.6%
French
23,050
13.1%

 

Important Information About Your Rates


Effective July 1, 2008 you will begin to notice an increase in your gas bill. The Ontario Energy Board approved changes to the rates Union Gas charges its customers. For most customers the total increase will amount to $254.99 based on an annual volume of 2,600 m 3.

The gas commodity rate has increased by 7.3112 cents/ m 3. This change reflects the increase in Union Gas forecast cost to purchase natural gas for the next 12 months.

In addition, the change in the gas price adjustment is an increase of 2.0276 cents/ m 3. This change reflects the difference between the projected cost of natural gas that Union Gas expects to pay and the amount that Union Gas expects to recover through the current gas commodity rate over the next 12 months.

The gas rate is adjusted this way so that you are billed at a rate that more closely reflects the market price of natural gas and avoids large out-of-period adjustments.

The transportation rate has increased by 0.4676 cents/ m 3 to 3.5148 cents/ m 3. Delivery price increased slightly by 0.0224 cents/ m 3.

Don't Be Alarmed, I.D. Required

As of June 23, 2008, your REALTOR® will have to ask for identification, as in picture I.D. In June 2007, the federal government approved amendments to regulations under the Proceeds of Crime (Money Laundering)and Terrorist Financing Act (PCMLTFA). The amendments, which come into effect on June 23, 2008, are designed to broaden the scope of record keeping and reporting requirements. This means that real estate salespersons and brokers will have new obligations under the PCMLTFA.

Requirements as of June 23, 2008 will include a receipt of funds record for all transactions regardless of the amount of funds received (unless funds are received from a financial entity or public body). In addition, a client identification record will be required to be completed with respect to every purchase and sale regardless of the existence of a cash deposit. Salespersons and brokers will be required to verify and record the identification of each client involved in a particular sale.

Rent Increase Guideline

The Ontario Government has set the rent increase guideline at 1.8% for 2009.

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