Which organization is primarily tasked with coordinating the efforts of mortgage regulation across Canada?

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The Mortgage Broker Regulators' Council of Canada (MBRCC) is primarily responsible for coordinating the efforts of mortgage regulation across the country. This organization is a collaborative body that brings together the provincial and territorial regulators of mortgage brokers and agents, ensuring a consistent approach to regulation and consumer protection throughout Canada. By providing a platform for communication and knowledge sharing among these regulators, the MBRCC helps to foster a well-regulated mortgage industry that adheres to high standards.

In contrast, the other organizations mentioned have different roles. The Canadian Mortgage Regulation Bureau does not exist as an official body in Canada, while the Insurance and Financial Services Council focuses more on the insurance sector. The Financial Services Regulatory Authority relates to specific financial services rather than serving as a central coordinating body for mortgage regulation. The MBRCC's unique role in harmonizing regulations among different jurisdictions makes it the correct choice for this question.

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