Agents say tax payments are missing as iPro Realty collapse fallout continues
The trail of wreckage continues to expand following the collapse of Ontario mega-brokerage iPro Realty Ltd. as more of those affected come forward to describe the growing tally of money lost and trust broken.
On Tuesday, the Real Estate Council of Ontario obtained a tracing and freezing order to assist its efforts to track down all of the missing $10.5-million that was removed from iPro’s trust accounts. But even if that effort succeeds, it may do little for a growing list of creditors owed money by iPro, including many of its former realtors.
Categories
Recent Posts
Four offers for renovated 1990s-era townhouse in Vancouver
CREA slashes home sales and price forecasts, how to know when to buy or sell, the Home of the Week and more top real estate stories
Home of the Week: A modern Prince Edward County farmhouse found online
Bid with an escalation clause wins out in Calgary home sale

CMHC reports annual rate of housing starts slowed in March

Toronto's condo market sets a new record: zero new projects launched in the first quarter

Exhibition Place CEO unveils plans for giant park, year-round vendors. But will his vision align with Doug Ford's?
Midtown Toronto condo gets four offers, sells $461,000 over asking

Despite headwinds, ambitious ‘deep retrofits’ charge forward in name of decarbonization
Three-bedroom Harbourfront condo cuts price to find a deal

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
