1 April 2023 (Phase 2) could be delayed

This is an annoucement from RECO on 10 March 2023:

“Though amendments to the legislation are scheduled to take effect April 1, 2023, the government is currently considering additional amendments RECO recently recommended be included as part of Phase 2. If the government accepts the recommendation, it may cause a delay in the proclamation of the Phase 2 changes. The proposed amendments, which are supported by OREA, would provide more flexibility in how consumers and registrants choose to interact with each other, and would provide greater consumer options and protection, while maintaining options for brokerages. RECO will continue to provide you with updates on Phase 2.”

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