The Real Estate Council of Ontario (RECO) is implementing new financial reporting measures to strengthen financial oversight of real estate brokerages. Effective October 1, 2026, all Ontario brokerages will be required to submit an annual financial filing to RECO.
Complemented by RECO’s audit and inspections work, this proactive oversight measure requires brokerages to provide documentation each year demonstrating proper financial management and compliance with the Trust and Real Estate Services Act, 2002 (TRESA). Annual financial filings will also allow RECO to better evaluate risk and target regulatory resources where they are needed most.
RECO is committed to making the annual financial filing process as seamless as possible for brokerages and will provide education materials and support ahead of this new requirement being introduced. This includes detailed instructional guides and webinars to walk registrants through the submission process.
Registration for the webinars is now open, with sessions to be hosted on Wednesday, August 19 and Wednesday, September 16.
- Session 1
Wednesday, August 19, 2026
10:30 – 11:00 am
Register now: https://zoom.us/webinar/register/WN_0DL76PBpRdmS-9YHxcc_fg
- Session 2
Wednesday, September 16, 2026
11:00 – 11:30 am
Register now: https://zoom.us/webinar/register/WN_jKEYLxGdTcaYR8MeNR_ScA
Additional resources may be found on RECO’s Annual Financial Filing web page.
