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.
Feature Story
“ East York, Ontario is one of the most culturally and geographically diverse areas in the Greater Toronto Municipality. It has a population of over 109,000 individuals and is the number one settling place for foreign-born Canadians. The area stretches all the way from the beaches, located near the north-east side of the city to the Greek town community located near the west.
I have lived in this area for over 10 years and I can honestly say that growing up here has provided me with some of the most memorable experiences of my life. As everyone probably already knows, the Toronto Metropolitan area is a very culturally diverse city but the East York area is by far the most heterogeneous region. Walking from east to west on the Danforth, you will encounter a mini Chinese community, little Italy, a Pakistani community, an Indian community, Hindu churches, and the famous Greek town. The region consists of over 20 different ethnicities and is one of the most captivating places to raise a family.
The house that I live in is only a ten minutes drive to Woodbine beaches so during most of the summer, I would drive down and spend my days bathing in the sun. The East York region is also host to the annual Taste of Danforth event. This is a three days event stretching from Jones Street all the way to Broadview Avenue. During these days, people will come from all over the Toronto Metropolitan area to enjoy cultural food (mainly Greek), cultural dances and cultural music. The streets are packed with people and the intoxicating aromas fill the night air.
In addition to the enriching environment, East York is also the former residence of influential individuals like Stephan Harper (current Canadian Prime Minister) and Colin Mochrie (actor and improvisational comedian). The East York region is not only a locality, it is a life enhancing experience.”
Alivia
REALTOR®, Realtor®, realtor
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East York, Toronto, Ontario