CORNWALL, ONTARIO INFORMATION & REAL ESTATE & LOCAL SERVICES

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Cornwall, Ontario

As the easternmost city in Ontario, Cornwall serves as the seat of the United Counties of Stormont, Dundas and Glengarry. Cornwall is situated approximately 100 km (1 hour) southeast of Ottawa, and 100 km southwest of Montreal. According to 2006 Canadian Census, Cornwall has a population of 45,965.

Cornwall received its name from the county of Cornwall in the United Kingdom. It was once a predominant cotton industry, but Cornwall’s economy now represents a more diversified mix of manufacturing, automotive, high tech, food processing, and contact centres. As a result of decades of heavy industrial pollution, and being one of only two cities left in Ontario with primary sewage treatment facilities, Cornwall does not enjoy a positive environment reputation.

Nonetheless, Cornwall does offer visitors plenty of attractions. In addition to many historical and artistic attractions, the City hosts various festivals throughout the year. Some of the notable attractions include: Arts in the Park, Canada Day, and Apples & Arts Studio Tour. Camping and day-tripping are also favourite pastimes in Cornwall.

Demographics Cornwall Ontario

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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REALTOR®, Realtor®, realtor

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