Couple Lost $168,000 in Float Home Purchase

A retired nurse and her husband have come forward alleging they are out $168,000 after paying LOTB (Live On The Bay), a Port Severn company, for a floating home that was never delivered. The couple claim they entered into a contract with LOTB in 2022 and that despite repeated promises, their float home was never built, and they have yet to receive a refund.

LOTB’s website showcases various float home models and claims its homes comply with all municipal, provincial, and federal laws. However recent regulatory changes have restricted mooring on public lands, lake beds, and Parks Canada managed waterways.

GBA and the Floating Homes not Vessels Coalition have been actively advocating for the need for proper regulation of floating homes to address the safety and environmental concerns presented by these units. These floating homes cannot move on their own, and must be towed or pushed into their location and use spuds for mooring. Black water, grey water, garbage disposal and lakebed damage lead the list of environmental concerns. 
Read more here.