09/27/2026
Ontario brokerages face a new RECO requirement starting October 1, 2026: an annual financial filing through MyWeb. Filings cover financial statement information, trust assets and liabilities, unclaimed trust monies, and compliance attestations by the broker of record. The goal is clearer oversight of trust funds and earlier detection of risk, which protects consumers. The practical takeaway for buyers and sellers is to ask how your brokerage safeguards deposits and keeps trust money separate. Agents and brokers of record should confirm their fiscal year-end and note the first deadline of October 30. Questions about how this affects your next move? Reach out or comment below.
https://www.reco.on.ca/news/reco-announces-new-financial-filing-requirements-to-strengthen-consumer-protection
Home News RECO announces new financial filing requirements to strengthen consumer protection June 16, 2026 Share RECO announces new financial filing requirements to strengthen consumer protection Future monthly reconciliation requirements will further enhance financial oversight TORONTO, ON โ The ...