SAULT STE. MARIE, ONTARIO INFORMATION & REAL ESTATE & LOCAL SERVICES

   
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Sault Ste. Marie, Ontario

Sault Ste. Marie (pronounced Sue Saint Marie) is the third largest city in Northern Ontario, located on the St. Marys River, as well as being the seat of the Algoma District. Sault Ste Marie has been seeing a trend similar to other Northern Ontario municipalities—a decline in population. With a 2006 population of 74,948, this figure is a visible drop compared to approximately 84,000 in the early 1990s. Conversely, the city’s census agglomeration has seen a slight increase in population with 80,098 in 2006 from 78,908 in 2001. The city’s census agglomeration consists of: Laird, Prince and Macdonald, Meredith and Aberdeen Additional and the First Nations reserves of Garden River and Rankin.

There is a large steel manufacturing industry in Sault Ste Marie, particularly Algoma Steel which is the largest employer. Forestry is also a major industry with St. Mary’s Paper being a major player. The newest major industry emerging in the city involves call centres. There are five call centres in the area, making this industry one of the largest employers as well.

Several post-secondary institutions can be found in Sault Ste Marie. The city is home to Sault College, and Algoma University College.

Sault Ste. Marie Demographics (Sault Ste. Marie Economic Development Corporation)

Visible Minority Status:
Age
Visible minority population
935
Chinese
285
South Asian
155
Black
135
Filipino
95
Latin American
50
Southeast Asian
90
Arab
30
West Asian
10
Korean
40
Japanese
15
Multiple visible minorities
25
All others
72,540
Total population by visible minority groups
73,475

 

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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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.

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