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Homebuyers set to lose unprotected deposits of up to $150K after GTA developer refused licences

Nearly 30 townhouse buyers in two Ideal Developments projects in Richmond Hill, Ont., are likely to lose a total of $2.8 million in unprotected deposit funds after the builder was refused licences by an Ontario oversight body and the projects were cancelled.
Richmond Hill Matthewr Harris Shajiraj Nadarajalingam Hasmukh Patel John Zinati Ontario Superior Court
Source: cbc.ca

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