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RERC Leadership Conference

Michael Beard, CEO of RECO

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Adaptation

Change is part of the human �(and canine!) condition

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Consumer Outreach

  • Hot market = scrutiny from consumers, government and media
  • Ontario’s Fair Housing Plan and 15% tax on foreign buyers

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Consumer Outreach

More emphasis on:

  • our regulatory role
  • due diligence in choosing a representative

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  • Regulator and trade association – a delicate relationship
  • OREA: media savvy, political, outspoken
  • More important than ever to reach out to industry leaders

Industry Relations

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  • Seven town halls across Ontario in fall, 2017
  • Thoughtful, candid, constructive discussions
  • Strong support for enhanced professionalism �and consumer protection

Industry Relations

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  • Multiple Rep: MDR model as alternative to current rules
  • Other possible changes:
    • More power for RECO Discipline �and Appeals committees
    • Rule-making authority �for RECO

Work with Government

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  • Enhancing consumer protection – ongoing effort
  • Important to maintain industry outreach
  • Let’s hope government stays the course

Conclusion