Alberta fires board of real estate regulator, cites paralyzing dysfunction

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Service Alberta Minister Nate Glubish has tabled legislation that will allow the province to dismiss the board and appoint an interim administrator until a new board is in place

Glubish says the problems plaguing the Real Estate Council of Alberta have gone on too long and critical work is not being addressed.The decision follows an outside audit report on the council commissioned by the government earlier this year.

It says focus committees have been left empty, meetings have not been held and there’s been a lack of oversight on spending. “Dismissing only a subset of council could contribute to a further deterioration in trust amongst council, administration and industry.”“The Real Estate Council of Alberta has failed to provide effective governance and oversight over the real-estate industry,” he told the house Wednesday.“Our focus with this bill is to protect the overall operations of the council and its critically important role, and to restore Albertans’ trust in the real estate regulator.

 

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