August 29, 2025

Response from RECO Board Chair to Minister’s Letter

“We appreciate that the Minister has set out clear expectations for how the important work of the independent comprehensive audit is to be conducted. The RECO Board will do everything in its power to protect the rights, deposits and commissions of the affected homeowners, agents, and brokerages, to reinforce public confidence in the sector, and to ensure that RECO emerges as a more transparent organization and with enhanced consumer protection measures in place.” – Katie Steinfeld, Chair of the Board, RECO