by Courtney Zwicker | Oct 1, 2026 | News
Beginning today, all Ontario real estate brokerages can begin submitting a new annual financial filing to the Real Estate Council of Ontario (RECO), giving the regulator a more detailed look at brokerage finances, trust accounts and compliance. The new requirement,...
by Jean Lépine | Sep 30, 2026 | Guest Columns
The views expressed in this column are solely those of the author. Trust accounts sit at the very heart of consumer confidence in Ontario’s real estate sector. Every day, Ontarians entrust brokerages with deposits representing life-changing transactions: the...
by Courtney Zwicker | Mar 19, 2026 | News
The Real Estate Council of Ontario (RECO) has frozen the accounts of two more brokerages, with an investigation uncovering more than half a million dollars unlawfully disbursed from trust accounts, it says. The regulator reported on Wednesday that it has taken...
by Jordana Springgay | Nov 7, 2025 | News
The B.C. Financial Services Authority (BCFSA) has issued “urgent orders” suspending Realtor Balpreet Singh Bal and his brokerage, Fraseridge Realty Ltd., over allegations of serious financial misconduct. The provincial regulator has also frozen trust accounts...
by Courtney Zwicker | Sep 26, 2025 | Legal Issues, News
Rui Alves, whose now-defunct iPro Realty Ltd. is under investigation for a $10.5-millon trust account scandal, insists the missing money was used to keep the floundering brokerage afloat, not enrich him personally. “The suggestion that millions of dollars was...
