What organization was created to improve regulatory coordination across Canada?

The organization that was established to enhance regulatory coordination across Canada is the Mortgage Broker Regulators' Council of Canada (MBRCC). This council plays a pivotal role in promoting consistency and effective regulatory processes among the various provincial and territorial regulators responsible for overseeing mortgage brokering activities.

Through the MBRCC, different regulatory bodies can collaborate and share best practices, facilitating a more coherent regulatory framework across the nation. This coordination helps to ensure consumer protection, uphold industry standards, and address issues that may arise in the mortgage brokerage sector effectively.

The other organizations listed may have their own functions, but they do not specifically focus on improving regulatory coordination in the mortgage industry across Canada like the MBRCC does. The Canadian Mortgage Association, for instance, is more about industry advocacy than regulatory coordination, while the Canadian Financial Services Council and the Mortgage Industry Regulatory Authority serve different roles related to financial services and mortgage regulation, respectively, but lack the specific mandate of the MBRCC in terms of cross-jurisdictional coordination.