Elevators

elevator

Responding to elevator entrapments

Elevator entrapments are one of the many risks facing high-rise buildings in Ontario. Occupants need to be educated on best practices and what to do during an emergency.
capital project

Considerations for deferring capital project work

The industry panel discussed what capital repairs and replacement costs could potentially be deferred by prolonging the life of various building components and what professional resources to seek for guidance.
reserve funds

Overhauling reserve funds in Ontario

As the landscape of aging condos continues evolving, the need for adequate reserve funds to pay for these repairs assumes greater importance.
condo

Actuaries garner new insight into condo finances

The Canadian Institute of Actuaries’ latest insight statement on the longevity of condo infrastructure explores several risks.
emergency prepardeness

Updating your condo’s emergency response plan

As spring temperatures arrive and snow and ice finally recede, condominium managers often face property maintenance issues that arise or were neglected during the winter
New oversight regime set for Ontario elevators

New oversight regime set for Ontario elevators

A new oversight regime for Ontario’s elevators and escalators will come into force on March 1, bringing shorter timelines for rectifying an extensive list of designated high-risk deficiencies.
condo managers

Ontario condo managers grapple with price hikes

As multi-residential buildings grapple with rising construction costs, condo managers in Ontario are experiencing the impacts up close.
capital project

Unconventional ways condos can reduce capital project costs

Ongoing challenges to capital replacement project costs are wreaking havoc on already stressed reserve funds and causing anxiety for boards and property managers throughout the province.
GTHA housing starts

Construction costs rattle the condo industry

Construction cost increases are a significant concern if a condo needs to complete work in the next year or so. But the concern isn't just the here and now.
maintenance and repair

Cases shed light on maintenance and repair obligations in condos

Maintenance and repair obligations of both owners and condo corporations are defined in the Condominium Act, which sets out the minimum default obligations. T
reserve fund

Condos at high risk from reserve fund shortfalls

The growing crop of condo owners across Canada will likely encounter huge annual fee increases and lump-sum payments due to low reserve fund contributions, authors of a new research report are warning.
elevator

Study finds elevator fans fail to eliminate pathogens

The confined space inside an elevator cabin creates a large risk of transmission despite standard ventilation.
governance

5 ways technology is uplifting condo communities

Technology is revolutionizing the way condo buildings operate and positively impacting the lives of residents and managers.
fire code

Condos lag on fire code compliance

Fire plans may need an overhaul as the resident population ages, building systems are updated, and renovations alter the layout of floors or rooms.
real estate

Insurance crisis affecting reserve fund planning

The insurance crisis in condominiums is affecting how boards are planning for disasters in Ontario.
repairs

Condos in precarious spot if small repairs sit idle

Should the corporation move forward with certain maintenance repairs if the issue has the potential to become exponentially worse?
New flat rates for Ontario elevators licenses

New fee model for Ontario elevator licenses

The flat license rate will penalize mid-rise and high-rise owners with extra costs if an elevator passes the periodic inspection and does not require a follow-up. It will be a bargain if just one follow-up inspection is required.