CondoBusiness - Governance
REMI

Governance

capital repair

Unintended consequences in capital repair planning

Capital repair planning in the condominium market is a crucial aspect of maintaining and improving aging buildings. However, it is essential to recognize that decisions made in this process can have unintended consequences.
minimum wage

The impact of minimum wage increases

This minimum wage increase is larger than most in recent history, second only to that imposed on January 1, 2018.
hybrid meetings

Giving hybrid meetings a second thought

If one primary meeting objective is to get enough votes without excluding owners who prefer in-person meetings, then hybrid is the way to go.
property crime

Mitigating the risk of property crime

While 2020 boasted the lowest property crime rate in more than 50 years, crime rates have not continued to sink since then.
condo

Condo managers breaking gender stereotypes

The underrepresentation of women is a prevailing narrative across the traditionally male-dominated building sector, but the world of condo management tells another story. 
status certificate

Enforcing the governing documents

How can a property manager or board member understand what steps to take when enforcing the governing documents?
AI

Legal implications of AI in condo management

AI in condominium property management can have several legal implications, depending on how it is implemented and used. Here are some important legal considerations:
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.
trust

On trust and transparency in condos

As the cornerstone of condominium living, trust is, oddly, seldom spoken about amongst owners and residents.
condos

Who will manage all the future condos in Ontario?

Ontario's condo management industry is calling for change as the province plans to build 1.5 million homes in 10 years, including a large number of new condos.
HVAC

Putting HVAC maintenance in the spotlight

What HVAC contractors do, or don’t do, during maintenance has a significant impact on the repairs, service calls and utilities consumed by mechanical equipment.
tornado

Tornado research uncovers risks for homeowners

Canada’s tornado risk is more widespread than once thought, according to a growing body of research that, for the first time, tracks the occurrence and aftermath facing property owners across the country.
auditor

Auditors and annual general meetings

As we emerge from the pandemic, some boards of directors are considering a return to in-person annual general meetings.
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
Tarion

Preventing title and mortgage fraud

How do condo owners protect themselves and their biggest investment from being victims of title fraud or mortgage fraud?
tenant

Rental demand spotlights tenant relationships

As condos supply the surging demand for rental housing many corporations may be experiencing a rise in tenant-occupied units.
condo

Legislation escalating condo manager workloads

There are many problems with having property managers act as a condo’s legal representative in a CAT application.