This expansion of the CAT’s jurisdiction into new issues should be noted by condominium corporation boards and managers alike.
A recent Ontario court decision is very good news for Ontario condo developers who must cancel their projects prior to construction.
While building codes and standards help regulate efficiency in new buildings, existing buildings have been operating with little oversight and, in fact, no insight at all into how energy and water was being used in our cities.
The six-month extension comes with an improved rate since the discount on pre-tax electricity consumption and transmission/distribution costs will increase to 33.2 per cent on November 1.
Many reserve fund projects have not been able to proceed this year. Even now as construction has “opened up,” contractors have backlogs that will allow them to complete only some of the previously planned projects.
COVID-19 has also taught the importance of well-drafted comprehensive force majeure clauses and other standard contractual clauses, which should now be scrutinized more than ever.
A recycled title adorns the Ontario government's latest initiative to be framed as red tape reduction. Bill 213, the Better for People, Smarter for Business Act, 2020, is an omnibus effort to amend more than two dozen statutes.
A promised $2 billion investment in large-scale building retrofits will be central to the Canadian government’s job creation ambitions. Energy efficiency champions have plenty of ideas of how and where the funds could be best leveraged.
As areas of Ontario have reopened in the midst of an ongoing outbreak, condos may be asking if a specific set of rules is helpful.
After scrambling to recalibrate their models in the early days of COVID-19-related shutdowns, analysts with Ontario's Independent Electricity System Operator faced more uncharted territory when the hot weather arrived.
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.
In the shadow of a possible second wave, realtors forge ahead with the new reality of buying and selling condos.
Residential consumption is identified as a primary concern and opportunity for the 2021-24 period, along with a continued emphasis on reducing system-wide peak demand
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.