by Courtney Zwicker | May 19, 2026 | News
Alberta’s real estate regulator will pay out more than $1.4 million to victims of a bridge loan Ponzi scheme orchestrated by a former Calgary real estate agent Eric Drinkwater, marking the largest compensation payout in the regulator’s history. In a May 10...
by Courtney Zwicker | Dec 31, 2025 | News
For Canada’s real estate industry, 2025 was a year that tested adaptability and fortitude. Market turbulence from persistent affordability pressures, an uneven mix of inventory droughts and deluges depending on the city, and client uneasiness in the face of U.S....
by Courtney Zwicker | Nov 14, 2025 | News
Real Estate Council of Alberta (RECA) has named Cynthia Moore as its new board chair, replacing Elan MacDonald. RECA announced on Friday that Moore’s three-year term will begin Dec. 1. MacDonald’s term is set to expire at the end of this month. Moore is the...
by Courtney Zwicker | Sep 23, 2025 | Legal Issues, News
Former Calgary Realtor Eric Drinkwater has been permanently banned from trading in real estate in Alberta after admitting to defrauding 71 people out of more than $3.5 million through a Ponzi scheme. The Real Estate Council of Alberta (RECA) announced the lifetime...
by Mario Toneguzzi | Sep 4, 2025 | Boards & Associations, Legal Issues, News
The real estate industry in Canada is facing a profound reputational challenge in the wake of two high-profile scandals involving iPro Realty Ltd. in Ontario and Re/Max Real Estate (Central) in Calgary. These incidents have not only shaken consumer confidence but...
