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City Profiles > Ottawa Home 
Ottawa, OntarioOttawa, a.k.a. "Silicon Valley North", is the capital of Canada with a population of 1,190,982. It is also the second largest city in Ontario. The city is located in eastern Ontario and is nestled on the banks of the Ottawa, Rideau and Gatineau Rivers. Since the city borders the province of Quebec and is the seat of Canada's federal government, there is a large francophone population. Primary employers are the Canadian federal government and the advanced technology industry.
There is much to see in Ottawa whether it is a national museum, government building, memorial structure, or one of the city's festivals. Ottawa is home to 30 museums, and 50 galleries and theatres.
| Ethnic Origin | Population | Percent |
|---|---|---|
| Canadian | 463,280 |
44.09% |
| French | 272,085 |
25.89% |
| English | 200,900 |
19.11% |
| Irish | 183,130 |
17.24% |
| Scottish | 125,215 |
14.48% |
| German | 63,290 |
6.02% |
| Italian | 37,435 |
3.56% |
| Lebanese | 24,105 |
2.19% |
Jewish |
13,445 |
1.83% |
Iranian |
12,846 |
1.66% |
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.
The Ontario Government has set the rent increase guideline at 1.8% for 2009.
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The word REALTOR® is a registered trademark owned in Canada by REALTOR® Canada Inc., a subsidiary of the Canadian Real Estate Association. Only members of the Canadian Real estate Association have the right to use the trademark and in strict accordance with the rules and only to identify membership in this association. The word Realtor®: is a registered trademark in the United States and only members of the National Association of Realtors®: are permitted to use and spell (upper case and lower case) the word. This is a Canadian site offering information, the word REALTOR® intended use is that of a member of the Canadian Real Estate Association. The owner of the site is a member of the Canadian Real Estate Association. If you would like further information please contact.
