On, October 30, 2019, the Real Estate Amendment Act 2019 went into effect, dismissing Council and giving the Minister of Service Alberta the ability to appoint an Administrator to manage the affairs of RECA.
Duane Monea was appointed as RECA Administrator—effective November 8, 2019—and managed the affairs of RECA in place of a Council until the Real Estate Amendment Act 2020 came into force.
On December 1, 2020, the Real Estate Amendment Act 2020 came into force, creating a new governance model for RECA, including a Board of Directors and four industry-specific Industry Councils.
RECA continues to perform its core regulatory functions, including licensing, education, investigations, and practice reviews.
The Board of Directors is composed of three members of the public appointed by the Minister of Service Alberta, and four licensees, one appointed from each of the four Industry Councils from among their members. The purposes of the Board are to set the strategic direction and ensure the effective operation of Council, to protect against, investigate, detect and suppress fraud as it relates to the business of licensees and to protect consumers, to provide, or support the provision of, services and other things that facilitate the business of licensees, as provided for in the Real Estate Act Regulations, and to administer the Real Estate Act, the Regulations, the Bylaws, and the Rules. An administrative staff, led by the executive director, assists council in fulfilling its duties.
Board members are appointed for 3-year terms, and can serve 2 terms consecutively. Section 6 of the Real Estate Act outlines the composition of the Board.
Informing RECA’s Strategic Direction
The Board is responsible for RECA’s overall strategic direction, and is seeking stakeholder feedback on the issues, concerns, and trends affecting all stakeholders. The feedback will inform the strategic planning process that RECA will undergo later in 2021, resulting in a comprehensive and informed Strategic Plan for the coming years.
To directly provide your thoughts on RECA’s future strategic direction, go to our Strategic Planning page and let us know what you think!
COMPLETE – Online Engagement Session – April 14, 2021 – 9 a.m. MT
The Board hosted an online engagement session on April 14, 2021. This session was hosted by the Board Chair and held on Zoom.
An email address has been created for stakeholders to contact the Board of Directors. By sending emails to firstname.lastname@example.org, stakeholders can reach out to the Board outside of specific consultations or other formal engagement opportunities.
Board of Directors Webpage
Bookmark the Board webpage at www.reca.ca/board. Through this page stakeholders can access all Board meeting agendas and minutes, a list of Board Members, a list of Board engagement opportunities, a list of past engagement activities, and any articles, consultations, or other communications from the Board. The page will be updated regularly.
Consultations and Focus Groups
The Board may direct RECA to consult on certain topics prior to making decisions. Stakeholders will be notified of all consultation opportunities through direct email, the Regulator newsletter, social media, and the RECA website.
The Industry Councils will also host Broker Forums and other informal groups to discuss the latest regulatory issues they are seeing day-to-day.
Stakeholder Engagement Policy
Stakeholder engagement is a clear priority for RECA. At its March 5 meeting, the Board approved a Stakeholder Engagement Policy that sets the framework for why, how, and with whom RECA engages. Engagement will be timely, consistent, equal, meaningful, and transparent. This policy is to ensure you have the opportunity to have your voice heard by the Board and Industry Councils, and directly participate in the regulation of your industry.
Stakeholder Engagement Activities
|July 8, 2021||Residential Property Manager Industry Council meetings with CCI North and CCI South||Discuss condominium management licensing and education|
|June 29, 2021||Residential Property Manager Industry Council meeting with REIC/IREM||Discuss condominium management licensing and education|
|June 2, 2021||Commercial Real Estate Broker and Commercial Property Manager Industry Council Online Engagement Session||Inform all stakeholders and engage via questions and answer session|
|May 26, 2021||Mortgage Broker Industry Council Online Engagement Session||Inform all stakeholders and engage via questions and answer session|
|May 21-June 11, 2021||Consultation with Course Provider and Broker stakeholders on RECA’s proposed Education Framework||To obtain stakeholder feedback on RECA’s Pre-Licensing Education Philosophy, Examination Blueprint, and Course and Course Provider Requirements|
|May 19, 2021||Residential Property Manager Industry Council Online Engagement Session||Inform all stakeholders and engage via questions and answer session|
|April 26, 2021||Residential Real Estate Broker Industry Council Online Engagement Session||Inform all stakeholders and engage via questions and answer session|
|April 14, 2021||Board Online Engagement Session||Inform all stakeholders and engage via questions and answer session|
|March 30, 2021||Meeting with CREB||Initial Meet and Greet|
|March 19, 2021||Meeting with Remax Central Calgary||Initial Meet and Greet|
|March 18, 2021||Meeting with Medicine Hat Real Estate Board||Initial Meet and Greet|
|March 18, 2021||Meeting with Grande Prairie and AREA Association of REALTORS®||Initial Meet and Greet|
|March 18, 2021||Meeting with Alberta West REALTORS® Association||Initial Meet and Greet|
|March 16, 2021||Meeting with Fort McMurray Real Estate Board||Initial Meet and Greet|
|March 16, 2021||Meeting with Central Alberta REALTORS® Association||Initial Meet and Greet|
|March 16, 2021||Meeting with Lethbridge & District Association of REALTORS®||Initial Meet and Greet|
|March 15, 2021||Meeting with BOMA Edmonton||Initial Meet and Greet|
|March 10, 2021||Meeting with MPC||Initial Meet and Greet|
|March 8, 2021||Meeting with AREF||Initial Meet and Greet|
|March 1, 2021||Meeting with AMBA||Initial Meet and Greet|
|February 8, 2021||Meeting with CREB||Initial Meet and Greet|
|February 2, 2021||Meeting with RAE||Initial Meet and Greet|
|January 25, 2021||Meeting with REIX||Initial Meet and Greet|
|January 18, 2021||Meeting with BOMA||Initial Meet and Greet|
|January 13, 2021||Meeting with AREA||Initial Meet and Greet|
|January 6, 2021||Meeting with Service Alberta including all board/industry council members||Welcome Meeting|
Patricia McLeod, QC (board chair)
Appointed by the Minister of Service Alberta from the public
Jai Parihar, MBA, CFA, ICD.D
Appointed by the Minister of Service Alberta from the public
Appointed by the Residential Real Estate Broker Industry Council
Appointed by the Commercial Real Estate Broker and Commercial Property Manager Industry Council
Appointed by the Residential Property Manager Industry Council
Appointed by the Mortgage Broker Industry Council
Regular Council meeting agendas and minutes from before December 1, 2020 are posted on this page in the interest of openness and transparency with stakeholders, and in accordance with Council policy at the time.
Council as a whole was responsible for reviewing and approving Council meeting minutes. Upon Council’s approval of meeting minutes, the Executive Director provided the approved minutes to RECA Communications staff for posting to the RECA website. Council meeting minutes were redacted in accordance with RECA’s Redaction Policy.
|July 17, 2019||Agenda||Minutes|
|April 17, 2019||Agenda||Minutes|
|January 23, 2019||Agenda||Minutes|
|October 17, 2018||Agenda||Minutes|
|July 18, 2018||Agenda||Minutes|
|April 11, 2018||Agenda||Minutes|
|January 24, 2018||Agenda||Minutes|
|May 25, 2018||Minutes|
|June 5, 2018||Minutes|
|June 6, 2018||Minutes|
|December 13, 2018||Minutes|
|January 4, 2019||Minutes|
|January 29, 2019||Minutes|