'Decisive victory for competition': Supreme Court won't hear TREB appeal in real estate data case https://t.co/1PdZwU0mH0 pic.twitter.com/0CsuX98zd0
— National Post (@nationalpost) August 23, 2018
The Toronto Real Estate Board has responded to the decision by the Supreme Court not to grant leave to hear TREB’s appeal. It notes that the order of the Competition Tribunal will come into effect in 60 days time, unless it is modified. The response goes on:
As noted by the Supreme Court of Canada, of the approximately 600 leave
applications submitted to the Court each year, only about 80 are granted. The
possibility of succeeding in getting an appeal heard is in general remote. The
Court’s role is not to correct errors that may have been made in the courts below.
Rather it grants leave only where its decision is likely to have an impact on society
as a whole.TREB believes personal financial information of home buyers and sellers must
continue to be safely used and disclosed in a manner that respects privacy
interests and will be studying the required next steps to ensure such information
will be protected in compliance with the Tribunal Order once that comes into
effect — John DiMichele, CEO, Toronto Real Estate Board
