GATINEAU, Que. — The Competition Bureau says it's obtained a court order as part of an investigation into potential anti-competitive conduct by the Canadian Real Estate Association.
The bureau says its investigation is looking into whether CREA's commission rules discourage buyers' realtors from competing to offer lower commission rates or whether they affect competition in other ways.
It's also looking into whether CREA's realtor co-operation policy makes it harder for alternative listing services or smaller brokerages to compete.
The bureau says the court order requires CREA to produce records and information relevant to the investigation.
It says the investigation is ongoing and there is no conclusion of wrongdoing at this time.
CREA's membership includes more than 160,000 real estate brokers, agents and salespeople. It did not immediately provide comment.
This report by The Canadian Press was first published Oct. 3, 2024.
Rosa Saba, The Canadian Press
