CondoBusiness - Risk Management
REMI

Risk Management

TSSA gives residents fuel safety tips

The province’s fuels-safety regulator is advising residents and property managers of important fuel-related safety tips as they work to recover from devasting flooding.

Ontario Fire Code to add steeper fine bracket

More stringent fines and an extended period for prosecutions are slated to come into force 30 days after the Ontario legislature adopts the Budget Measures Act.

The implications of false fire alarms in condos

For condo managers, a false fire alarm results in new issues. What happens when a fire alarm goes off at a condominium when no smoke or fire is present?

Manitoba sticks to optional new home warranty

After first postponing the date the legacy legislation from its predecessor would come into force, the provincial government now plans to repeal the New Home Warranty Act.

How to handle an influx of packages

As the volume of online purchases grows, the need for an effective parcel delivery system is vital, especially for online shoppers living in condos.

Safety compliance for condo corporations

As employers, condo corporations can be prosecuted under the ‘general duty’ clause, even when complying with OHSA safety compliance regulations.

Clothing donation bins may pose liability risk

Commercial property owners who host clothing donation bins could run afoul of their province's Occupiers Liability Act or Occupational Health and Safety Act should an incident occur.

New security solutions target condo communities

Specialized analytics and network audio are addressing lax condominium security by combining video surveillance, communication and entry control.

Flood recovery in four steps

There are four basic steps that those responsible for a property need to take to help manage disasters such as floods.

Higher winter maintenance costs anticipated

Private property owners in Ontario, including condo corporations, could find themselves paying a premium to keep their walkways safe this winter.

Cannabis legalization calls for drug policies

How can companies adapt to the monumental change of cannabis legalization? The short answer is to implement a drug policy.

Site security comes under renewed scrutiny

Construction site security is under renewed scrutiny after a member of the public gained access to a downtown property and scaled a crane.

Cryptocurrency risks, blockchain potential

Could the recent sale of a Toronto condo for cryptocurrency be the first sign of a shift in the condo industry towards use of digital currencies?

Takeaways from #TorontoFlood

At least one condo corporation is facing what is likely to be a steep repair tab after Toronto was drenched with a month’s worth of rain on Aug. 7.

Recreational cannabis use to become legal this fall

Is it time for condo boards and property managers to brace for reefer madness? It may depend on which condo lawyer they ask.

Lounge furniture targeted as multi-res fire risk

Some condo lobbies may be looking spare lately because the lounge furniture that usually occupies these spaces is being targeted as a fire risk.

Are your condo property’s master keys secure?

Two recent events in Toronto have called into question the security of master keys in condo buildings.