Condo Management’s Role in the Election Process- Important Case Decision

A recent court decision highlights the importance of management and the board’s role in the election and meeting process. In Gangoo and Giuntoli v. TSCC No. 1737, two candidates running for election to the board (the “applicants”),  collected proxies from…

2022: A Condo Year-End Review

It’s December, and at this time we begin to hear familiar grumblings “Where has the year gone?” 2022 continued to be challenging for condominium corporations, unit owners and managers as issues brought on by the COVID-19 pandemic continued to impact…

The Outlook for Condo Property Management

Property Management is Forecast to Grow as Condo Market Share Grows We are nearing the end of a transitional 2022, looking for positive signs of better days to come. Every year at this time, banks, policy institutes and other think…

Become a Better Condo Director

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,…

Condominium Deposit Interest

As a result of the recent rise in interest rates, purchasers of condominium units will now receive interest on their deposits.  A proposed change to the Condominium Act regulations that was to come into effect on January 1, 2023, was…

The Prohibition on the Purchase of Residential Property by Non-Canadians Act – What You Need to Know

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…

Come Visit Us at the Condo Conference

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! Josh…

Mind Your Reserve Fund – or Pay the Price

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…

Beware of Convoluted, Non-existent or Onerous Termination Clauses

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…

Important Announcement: Expiry Date for Virtual Meeting and E-Voting extended to September 30, 2023

  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…