Minister of Service Alberta Nate Glubish announces proposed changes to the Real Estate Act.

By The Canadian Press

Alberta fires board of real estate regulator, cites paralyzing dysfunction

Oct 9, 2019 | 4:06 PM

EDMONTON — The Alberta government is moving to fire the entire board that regulates the provincial real-estate industry on the grounds it is hopelessly dysfunctional and wracked by infighting.

Bill 15, The Real Estate Amendment Act 2019, has been introduced to address concerns about the performance of the Real Estate Council of Alberta (RECA).

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.

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The report by KPMG says the board has been spending too much time on internal and administrative matters.

It says focus committees have been left empty, meetings have not been held and there’s been a lack of oversight on spending.