04/30/2026
Following direction from the Minister, we are implementing a phased transition to a new, independent, skills-based Board of Directors—ensuring stronger consumer protection and clear separation from the industry we regulate.
“Ontario consumers deserve a regulator they can trust, and that means one that actually enforces the rules,” said the Honourable Stephen Crawford, Minister of Public and Business Service Delivery and Procurement.
“With these governance reforms, the organization can sharpen its oversight of the sector and build the foundation of a modern regulator," said Jean Lépine.
This transition marks a significant milestone in enhancing oversight while maintaining stability and confidence in Ontario’s real estate sector.
Learn more: https://www.reco.on.ca/news/governance-transition-to-strengthen-oversight-following-ministers-direction