Financial Management
Maintaining healthy contractor relationships
Construction and project planning, now more so than ever, must assign realistic expectations of scheduling and staging to meet contractor and material availability.
Condo project financing confronts new math
More cautious criteria for condo project financing could upend some development pro formas and potentially constrain housing starts in the coming months.
Existing condos: rising to modern standards
New regulations from multiple levels of government are forcing condominium boards and property management companies to consider more than just a simple cost-benefit calculation when examining repair and retrofit options.
Freeing-up time for capital projects
Achieving a more symbiotic approach to property management requires understanding the crucial tie between leading-edge occupant services and proactive maintenance.
There’s no eye for an eye in team
Making decisions as a team and standing together as a team is a key component to success.
Creating a career path for condo managers
Rallying future condo managers to join the industry, including young professionals, requires a great deal of awareness, which is currently lacking.
Governing condos in Alberta
Condos are ideally designed to operate with relative simplicity and in a well-managed complex there is a measure of security and community.
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.
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.
Bulk contracts post Rogers outage
Most bulk agreements have clauses that allow the incumbent to match or beat any new telco’s offer once the initial agreement has expired.
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.
Housing supply-demand imbalance set to persist
Recent CMHC analysis concludes that approximately 3.5 million additional dwelling units are needed to meet demand and pull prices back into closer alignment with purchasers’ and tenants’ incomes.
Plugging into the future of EV charging
New buildings are subject to laws and regulations, which require them to be compatible with EVCs.
Uptick in fraud a wake-up call for condos
In these economically trying times, as one would expect, fraud has been rearing its ugly head. Unfortunately, condominium corporations have increasingly become an easy target.
Detoxifying the condo manager’s workplace
It’s hard to imagine that there’s a condo manager anywhere in Ontario who would describe their job as easy. The breadth and depth of knowledge required to do the job well are astounding.
Engaging next-gen condo managers
Over a million residents live in condos, and more buildings are being built today than ever before.
Special assessments foreseen as CPI rises
Coming out of an extended period of low inflation, many condo boards will confront reserve fund shortfalls as the consumer price index now pushes up toward 7 per cent.


















