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flag Ontario’s real estate regulator’s CEO to resign amid scandal over $8M trust fund misuse.

flag Ontario’s real estate regulator, RECO, will see CEO Brenda Buchanan resign by December 31, 2025, amid scrutiny over its handling of the iPro Realty scandal. flag The firm is under investigation for allegedly misusing $8 million from client trust accounts. flag The province appointed Jean Lépine as administrator in December to restore trust, following an audit that revealed delayed responses and poor communication within RECO. flag Buchanan will remain in a transitional role. flag The government says its intervention is necessary to rebuild confidence among consumers and professionals. flag Lépine plans an accountability-focused agenda for 2026.

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