November 3rd, 2009 | 
Author: Competition Bureau probe may change rules
Karen Mazurkewich, Financial Post Published: Tuesday, November 03, 2009
A landmark investigation by the federal Competition Bureau may dramatically change the way homes are bought and sold in Canada.
The Canadian Real Estate Association has informed its members that a two-year inquiry by the Competition Bureau has been completed and that significant changes to their practices have been requested.
CREA is still negotiating a settlement with the Competition Bureau, but it is expected that the industry will be forced to loosen its restrictive access to the MLS system and allow discount brokers into the market.
Posted in Carolyne Lederer