Complix

Resources

Free guides and reference materials for Ontario real estate brokerages.

Downloadable Guides

Bill C-12 Fact Sheet

A one-page summary of the March 2026 changes to FINTRAC’s penalty framework, including the before and after penalty comparison, key legislative changes, and what they mean for your brokerage.

Get the Guide

The 5 Mandatory Pillars of a FINTRAC Compliance Program

A one-page reference showing what each of the five compliance pillars covers, and what FINTRAC actually looks for during an examination.

Download the 5 Pillars

Key Facts

Since 2021, FINTRAC has penalized 24 real estate brokerages across Canada, totaling over $2.6 million in fines. Under Bill C-12’s new penalty ranges, those same penalties would exceed $104 million.

88% of penalized brokerages failed on the same deficiency: an inadequate risk assessment. This is the single most common compliance gap in the real estate sector.

As of October 2025, agents must verify the identity of unrepresented parties and report material beneficial ownership discrepancies. As of March 2026, compliance programs must be ‘reasonably designed, risk-based and effective’ under the new Bill C-12 standard.

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