CondoBusiness - Risk Management
REMI

Risk Management

lithium-ion

Condos tackle lithium-ion battery risks

Lithium-ion batteries mostly operate safely and reliably, but failures can occur with serious resulting risks, particularly in multi-residential settings.
procurement

Prioritizing value in engineering procurement

Condo boards face mounting pressure to manage reserve funds efficiently while protecting future owners from unnecessary financial strain.
microsoft

Preparing for Microsoft’s EWS deadline

On October 1, 2026, Microsoft will begin disabling Exchange Web Services, with a permanent shutdown scheduled for April 1, 2027. Software that condo corporations rely upon every day will quietly stop performing certain functions.
Insurance

Insurance market shift demands budget vigilance

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.
strata

B.C. strata sector overdue for reform

Some members of British Columbia’s strata sector are raising the alarm about depleted reserve funds and looming special levies, while also calling on the provincial government to undertake a full review of the Strata Property Act.
roberts

Common element alterations carry legal risks

Every improvement that touches the common elements brings legal and operational consequences. How bulk indemnity agreements can offer long-term protection and cost-efficiency, help resolve historical issues, and streamline future requests.
pool safety

Emerging tech seeks to advance pool safety

Pool safety is under renewed scrutiny after two recent incidents occurred at condominiums in the Greater Toronto Area, one involving a chemical mishap and the other a fatal drowning.
condos

Condos navigate boardroom politics

A well-run board can hold a community together, but when power struggles, secretive meetings, and passive-aggressive emails take over, condos can feel less like a home and more like a political thriller.
balconies

Cracks and corrosion put condo balconies at risk

Aging condo balconies demand structural repair and upkeep to remain safe.
fire code

Fire code violations threaten condo safety

Ontario condominium corporations are responsible for ensuring the safety of their buildings and the wellbeing of their residents. One of the most crucial aspects of
condo fees

Ontario condo fees outpace other provinces

Condo fees in Ontario are both a necessity and a point of contention for many owners. What do monthly increases mean for owners and prospective buyers?
strata

B.C. realtors urge review of Strata Property Act

The BCREA and the AOIR are calling on the provincial government to undertake a full review of the Strata Property Act.
harassment

‘Harassment is not a nuisance’: The rise in condo manager abuse demands legal scrutiny

Harassment should not be dismissed as a mere nuisance, annoyance, or disruption to fit into the CAT’s jurisdiction.
condo

Team-based management reinvents condo staffing

Today’s industry typically relies on a single-manager model, but this approach is revealing its weaknesses amid ongoing labour shortages and increasingly constrained budgets.
overcrowded

Condos grapple with overcrowded units

Overcrowding is difficult to address and even harder to resolve, especially when governing documents provide little clarity.
retrofits

Barriers stall deep energy retrofits in condo sector

Condominiums are among the fastest-growing types of housing, a trend that is particularly significant in a country where the built environment accounts for roughly 18 per cent of all greenhouse gas emissions.
financial

Weak financial oversight puts condo owners at risk

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