Agents Say Tax Payments Are Missing as iPro Realty Collapse Fallout Continues

Agents say tax payments are missing as iPro Realty collapse fallout continues

Real Estate Council of Ontario obtained order to track down missing $10.5-million, but even if that effort succeeds, it may do little for creditors owed money

Ontario’s Trust Test: Lessons From The iPro Realty Collapse

This article was written and submitted by former CEO of the Ontario Real Estate Association (OREA) Tim Hudak and long-time senior Ontario civil servant Frank Denton. Hudak is currently partner at Counsel Public Affairs Inc., and Denton is a senior advisor. The collapse of iPro Realty, one of Ontario’s largest independent brokerages, has left at least an $8-million shortfall in its trust accounts and put the regulator, the Real Estate Council of …