${site.data.firmName}${SEMFirmNameAlt}

Ruling Allows Public Access To Real Estate Data. Board Appeals.

It's a dispute that has dragged on for years between the Competition Bureau of Canada and the Toronto Real Estate Board (TREB). But, in April, Canada's Competition Tribunal ruled that TREB must allow its members to provide public, online access to sensitive sales data.

As the August 3 compliance deadline looms, TREB - Canada's largest real estate board - has filed an appeal. Meanwhile, industry watchers wait to see both the result and its potential to change the face of estate sales across the country.

Promoting Fair Competition Or Infringing On Sellers' Privacy?

Under current rules, real estate agents can reveal certain confidential sales information, but only to personal clients. If the new ruling stands, agents would be allowed to offer searchable online databases containing previously shrouded information - actual sale prices, withdrawn sales, broker commissions, and a host of other data that could be used to help buyers predict prices and make more informed buying decisions.

The Competition Bureau contends that preventing public access to such data stifles fair competition and keeps costs high.

The ruling nonetheless provides some limits on the type of data that could be exposed and would allow home sellers to make individual requests to have their information excluded. But, according to TREB CEO, John DiMichele, the ruling "opens the door to misuse and abuse of...sensitive personal financial information."

Whether the new ruling opens the door to increased public information or, as TREB contends, violates Canada's Digital Privacy Act remains to be seen.

Buying or selling a property?

Call us.

Our lawyers can provide advice and protection for your interests.

No Comments

Leave a comment
Comment Information

shameless self promotion

  • Ross Firm Golf Tourney In Support of Huron Women’s Shelter a Swinging Success

    On behalf of the Huron Women’s Shelter and The Ross Firm P.C., we say “THANK YOU” to our many Sponsors and Donators for their outpouring of generosity and support for the annual Take a Swing Against Violence Golf Tournament held at Goderich Sunset Golf Club.

    Read More

  • Who needs a Will? You do!

    Our guests can explain why. Are you single and renting? A new Family? Or Homeowner? Enjoying your Golden Years? We all need a Will and our guest speakers will show you the why and the way.

    Read More

  • Take a Swing Against Violence

    On June 21, 2017, the Huron Women’s Shelter Second Stage Housing and Counselling Services, Board of Directors and The Ross Firm will be hosting the Taking a Swing Against Violence golf tournament at the Goderich Sunset Golf Course.

    Read More

  • Rocco & Vinnie do Advertising

    For your viewing pleasure our latest installment of Rocco & Vinnie Law Videos. This one plumbs the depths of the recent review of the Advertising Rules. Part cautionary tale, part musical, all Rocco & Vinnie.

    Read More

View All

Send Us An Email. Talk To Us. We Can Help.

To schedule a consultation with one of our experienced lawyers, contact The Ross Firm online or give us a call toll free at 888-567-4917.

Contact Us

Goderich Office
144 Courthouse Square
Suite 100
Goderich, ON N7A 1M9

Toll Free: 888-567-4917
Fax: 519-524-8438
Map & Directions

Stratford Office
1 Ontario Street
2nd Floor
Stratford, ON N5A 3G7

Toll Free: 888-567-4917
Fax: 519-814-5533
Map & Directions

Kincardine Office
943 Queen Street
Kincardine, ON N2Z 2Y8

Phone: 226-396-5532
Fax: 226-396-5533
Map & Directions