CCI

CCI celebrates proposed condo law reforms

Tuesday, June 30, 2015

The Ontario caucus of the Canadian Condominium Institute (CCI) recently celebrated the provincial government’s proposed Protecting Condominium Owners Act. The non-profit dedicated to condominium issues has been fighting for legislative reform in the province for more than a decade. The government did not introduce a new Condominium Act, but is instead amending the present one, and CCI has recognized the changes as extensive and significant.

One of Bill 106’s features is mandatory education for condo directors.

“The Canadian Condominium Institute has been front and centre in providing director education since 1982 and we anticipate that despite mandatory education being offered through a newly formed Condo Authority, CCI will continue to be a long term source of ongoing training for directors,” said Tania Haluk, chair of CCI’s Ontario caucus, in a press release.

If passed, the Protecting Condominium Owners Act would also provide for the mandatory licensing of condo managers and the strengthening of financial management rules for condo corporations.

The bill was tabled on May 27 and has passed first reading. It is currently awaiting second reading before going to committee hearings. Once it passes third reading by the Ontario legislature and is given royal assent from the lieutenant governor, the proposed bill will become law.

This bill will affect the approximately 1.3 million people living in condos and 10,000 condo corporations currently operating in Ontario.

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