Condo corporations are facing new budgeting challenges in 2020. Planning for unexpected and increasing expenses is difficult to anticipate.
Although condo corporations in Canada are non-profit, there are still tax implications and annual filings that are often overlooked.
There are many budget-friendly upgrades that can help make big visual impacts like refurbishing suite doors in a condo community.
In the shadow of a possible second wave, realtors forge ahead with the new reality of buying and selling condos.
Canada’s first all-female development team offers new visuals of Reina, a condo tower planned for Etobicoke.
Creating less tension is one way to support condo managers who may be exposed to various levels of stress within their work environments.
With always evolving guidelines and pandemic uncertainty, building resilience in condo communities is more important than ever.
Many hydro accounts specifically tied to the common areas of multi-residential buildings will no longer qualify for the 31.8 per cent rebate beginning in November 2020.
To open or not to open. Most condo boards and managers are wondering how to safely reopen public spaces in their buildings, including shared gyms.
There is a significant shift in the way condo corporations are managing common elements, noisy neighbours and condo meetings.
Here are some steps that condo corporations should consider to protect managers and directors from unreasonable treatment.
Pests are more active without the daily bustle of people moving around, leaving temporarily closed shared spaces vulnerable.
While many condos haven’t yet experienced the major effects of climate change, statistics and case studies foreshadow the impacts that could come.
When most people run for the condo board of directors, the last thing they imagine is a situation where they’re actually running the condominium.
Cleaning garbage rooms and waste chutes is a maintenance concern for all condo corporations, but the current pandemic has made this to-do item even more relevant.
CCI recently held its first national webinar addressing pandemic-related industry concerns. Once topic of discussion was virtual meetings and e-voting.
As provinces gradually gear up for reopening and ease some coronavirus restrictions, there are proactive measures and legal concerns condo communities might want to think