by Steve Tabrizi | Dec 12, 2025 | Columnists
The news of RECO being placed under a provincial administrator has sent shockwaves through Ontario’s real estate community, though the truth is this moment has been years in the making. Many are calling it a fiasco. I see it as overdue — a moment of clarity about the...
by Courtney Zwicker | Dec 11, 2025 | News
Real Estate Council of Ontario (RECO) has frozen the accounts of Scarborough-based brokerage HomeLife Today Realty Ltd. after discovering a trust account shortfall of $580,000. In a public advisory issued Wednesday, RECO said it identified a potential shortfall as...
by Courtney Zwicker | Dec 2, 2025 | Boards & Associations, News
(Jean Lépine/Ontario One Call). The board of the Real Estate Council of Ontario (RECO) was let go as a government-appointed minister stepped in on Monday, but questions remain about CEO Brenda Buchanan’s role. On Friday, Minister Stephen Crawford announced...
by Courtney Zwicker | Nov 28, 2025 | News
The Ontario government will assume control of the Real Estate Council of Ontario (RECO), Minister Stephen Crawford has announced. In a letter addressed to RECO Chair Katie Steinfeld and CEO Brenda Buchanan, Crawford said Friday morning that he has appointed veteran...
by Courtney Zwicker | Nov 27, 2025 | News
Editor’s note: On Nov. 28, the Ontario government announced plans to assume control of RECO, effective Dec. 1. Former iPro Realty Ltd. agent Nayaki Penumarthy says the impacts of the $10-million trust account scandal that came to the surface in August...
