Stock photo (Canva)
At Wednesday’s annual general meeting, members of the Toronto Regional Real Estate Board decisively rejected proposed bylaw changes that would have shifted some decision-making powers, including control over membership dues, from members to the board of directors.
Sources inside the room confirm the motion failed to pass, with the final vote count 393 in favour, 635 against.
Critics argued the proposed reforms threatened transparency and accountability, especially amid financial pressures and declining membership numbers. Supporters of the motion insisted it was necessary for operational efficiency.
More to come.
