It’s not fair.
REALTORS® in six other Canadian Provinces are allowed to form Personal Real Estate Corporations (PRECs).
In Ontario, accountants, architects, lawyers, and insurance brokers can all incorporate.
REALTORS® are one of the few professions in Ontario that can’t personally incorporate.
PRECs are a modern business tool that would allow Ontario REALTORS® to reinvest more income back in their business – creating jobs and generating economic benefits for communities.
But needless red tape is standing in the way.
We need you to tell your MPP to change REBBA to allow REALTORS® to form PRECs – we’re close on this issue, but I need you to help get us over the finish line.
Gerry, take action now and tell your MPP it’s time to permit Personal Real Estate Corporations.
Thanks for your support.
Sincerely,
Mike Stahls, Chair
Ontario REALTOR® Party Committee