British Columbia’s real estate watchdog is leaving this summer for Ottawa to take a position with Canada’s bank regulator, but not before she completes a review of whether those in charge of the province’s white-hot housing market should continue regulating themselves.
Carolyn Rogers is leaving her position as CEO of the Financial Institutions Commission of B.C. (FICOM), which oversees the real estate, credit union, pension and mortgage brokering industries, at the end of July to become an assistant superintendent at the Office of the Superintendent of Financial Institutions, the agency that regulates Canada’s banks.
MIKE HAGER – Globe and Mail – May 12, 2016.
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