The high insurance premiums that have rattled Ontario’s condo corporations are declining after years of substantial increases, but industry professionals are cautioning boards to remain vigilant about various insurance-related risks that can impact their budgets.

The sheer scale and complexity of condos demand a level of financial governance equivalent to any major business.

Although all attention is currently on iPro, its shutdown speaks to larger issues around buyer protection.

Failing to regulate short-term rentals within the building may lead to increased conflict with local bylaws, heightened insurance risk, and strain on community resources.

One of the most important documents in a condo transaction is the status certificate—and its price may be set for a sharp increase.

Many condo corporations have already seen much higher prices for capital projects. How will the trade war create further impacts?

The causes of water leaks are often related to materials, installation, maintenance and operational issues.

Timely maintenance and improvements will play an important role in securing favourable coverage terms and avoiding delays in the renewal process.

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

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

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.

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

From ensuite take-out resto to teaching downward facing dog in the common areas, here’s the lowdown on this trendier work-from-home shift, with some legal and insurance tips.

Ontario’s housing sector emits more greenhouse gas emissions than any other province, primarily due to its high population rate. In the province, residential buildings are

There are many reasons why switching providers is in the best interests of the condo, but there may be hidden risks. Unbeknownst to many policyholders, changing insurers can create a gap in coverage that can expose the corporation to significant financial consequences.

Contractors working in the snow and ice management industry are facing a blizzard of challenges on the insurance side, or what many are calling a crisis.

Protecting your condo board is critical, and directors and officers coverage is just one component of that.