A year of change ahead for Waterloo region in 2018
Peggy Lam | CBC News | Posted: January 1, 2018 11:00 AM | Last Updated: January 7, 2018
From mortgages to minimum wage, there are big changes in store for the new year
The region will be seeing a lot of changes in the coming year. Here are some things to expect and keep your eyes out for in 2018.
Changes to the minimum wage
Ontario's minimum wage will increase from $11.60 an hour to $14 an hour, starting in January. The province also plans to increase the minimum wage to $15 per hour in 2019.
Mortgage changes
Canada's top banking regulator, the Office of the Superintendent of Financial Institutions (OSFI), released new mortgage rules in October. The rules require all borrowers, including those who are uninsured, to do a "stress test" showing they can withstand higher interest rates. These rules come into effect on Jan 1. Previously, only insured borrowers had to undergo such a test.
LRT starts running
According Waterloo's regional council, the LRT vehicles will be running by early spring. Regional councillor Tom Galloway said the vehicles were suppose to be operating by December 2017, but because Bombardier delayed delivery, the region had to postpone the launch date.
- LRT delayed until early 2018 due to Bombardier train delays
- How Metrolinx's cuts with Bombardier deal will affect K-W
Pot stores open
Cambridge, Guelph, Waterloo and Kitchener will get provincially run marijuana storefronts next summer. The LCBO will oversee a total of 40 marijuana shops in the province in 2018, with the number rising to 80 by July 2019. The exact physical locations are yet to be determined.
Provincial elections
The official date for the upcoming provincial election is June 7, 2018. A few ridings have been redrawn and a new one, called Kitchener South-Hespeler, has been created. In addition, 15 new seats are added and parties can now be funded by tax-payer money.
- Waterloo region gets new provincial riding: Kitchener South-Hespeler
- How Ontario's 2018 election campaign will be different from 2014
Municipal elections
Voters in Waterloo region will also be electing their city and regional representatives, as well as school board trustees, on Oct. 22, 2018. Because of changes to the Municipal Elections Modernization Act, individuals who wish to run as candidates can now file their nomination papers starting on May 1.
Nomination forms will be released in April, with a new requirement to have 25 supporting signatures to accompany an application. The nomination period closes on July 27 at 2 p.m.
- Countdown to municipal election enters final year
- No ranked ballots for 2018 Waterloo Region municipal elections
Smoking on hospital property
A new provincial bylaw has banned smoking from any hospital property, coming into effect on Jan. 1. Smokers who violate this rule will face a $305.00 fine.