Risk Management

maintenance fees

How climate change could affect maintenance fees

Maintenance fees are based on historic norms, stable benchmarks and logical predictions. What happens when those predictions no longer fit the weather?
condo insurance claims

Many condo insurance claims arise from liability

Experience as an insurance broker specializing in the condo segment shows that the majority of claims arise from liability.
money laundering via real estate

Money laundering via real estate scrutinized

Recent guidance from the Financial Transactions and Reports Analysis Centre of Canada sets out 39 indicators that should prompt parties involved in facilitating real estate deals to contemplate purchasers' or vendors' motives.
technological innovations

Technological innovations in condominiums

Technology is one of those things that never stops moving, and sometimes it can be daunting to keep up with all the latest advancements out
tree removal

Taking the emotion out of tree removal decisions

It's important to make objective tree removal decisions because the physical condition of these dynamic organisms can deteriorate quickly.
Fort McMurray

Fort McMurray landlords monitor fire from afar

Nearly $2 billion worth of commercial and industrial properties are primarily located outside the fire zone, downtown or in the north part of the city.
winter safety tips for condo managers

Five winter safety tips for condo managers

December has been seasonably mild, so winter safety tips may not be top of mind for condo managers. But now is a good time to prepare for coming weather.
cigarette

Spate of condo blazes sparks safety campaign

A spate of condo blazes in Alberta has reignited conversations about the perennial fire safety risk posed by cigarettes in multi-residential buildings.
building safety hazards

Foreseeable safety hazards spell liability

Beyond the occupier's duty of care — a responsibility that property owners bear toward inhabitants, visitors and trespassers — landlords are also employers subject to health and safety regulations.
Apartment Building

Balcony mishaps in residential towers

Most Canadian cities see up to ten residential high-rise balcony- and window-related accidents per year. Here is an inside look at why they happen and how to help prevent them.
renters insurance

The role of preparedness in insurance claims

Property managers can prevent damage and protect residents by closing information gaps before emergencies leading to insurance claims occur.
fort mcmurray

Fire safety fundamentals for seniors’ homes

The Quebec government has moved quickly to mandate sprinklers in seniors' homes following recommendations from Coroner Cyrille Delâge.
Disaster Prepardness Plan

Effective disaster management for condos

The massive floods that occurred in southern Alberta and the Greater Toronto Area in 2013 are just a few examples of the rising prevalence of natural
stormy-toronto

Tree management tips for extreme weather

The past year has seen several storm events that have resulted in significant damage to trees in southern Ontario. The ice storm that hit the
preventative maintenance program

How to start a preventive maintenance program

The question of how to start a preventive maintenance program is extremely common, and for good reason. With budgets tight and workers stretched thin, preventive
Carbon monoxide gas stove

4 tips to prevent carbon monoxide poisoning

To keep building occupants and staff safe, here are four tips to prevent carbon monoxide poisoning that property managers need to know.
Mould

How to prevent mould by controlling moisture

Implementinging a comprehensive moisture management strategy is key to prevent mould. It also reduces potential health risks and liability.