You’ve been elected to sit on your condo’s board of directors. Perhaps this is your first term, or you’ve been re-elected to your condo’s board over several terms. Ideally, you already possess well-defined hard skills that may include, for example,…

As a result of the recent rise in interest rates, purchasers of condominium units will now receive interest on their deposits.  Coming January 1, 2023, interest payments on deposits will be further increased with the introduction of further regulations under…

In an effort to calm housing prices and increase affordability, Parliament passed the Prohibition on the Purchase of Residential Property by Non-Canadians Act (the “Act”), which comes into force on January 1, 2023.
The Act creates a prohibition on non-Canadians…

We’re looking forward to an amazing Condo Conference this year and to reconnecting with many of our industry friends and colleagues on September 30 and October 1.
Stop by booth 310 to visit us on the trade show floor!…

As a responsible condo Board director, it is your obligation under the Condominium Act, 1998 to oversee and approve the corporation’s finances, operating and reserve funds, and budgets on behalf of the owners. The role of a Board member requires…

Most standard contracts for services in the condo industry include termination clauses – while the majority of these are fairly reasonable, from time to time, a contract comes across our desk that just leaves us shaking our heads.
Some contracts…

Great news received moments ago.
Today, the Government of Ontario made regulatory amendments under the Condominium Act, 1998 (Condo Act) which extend the effective period of temporary legislative provisions permitting condo corporations  to call and hold meetings virtually without…