Risk Management

Climate change adaptation efforts unfolding

Climate change adaptation efforts unfolding

Canada’s newly finalized climate change adaptation strategy sets out objectives and attaches mid- to near-term targets to bolster resilience in five key action areas.
mortgage fraud

What to do after falling victim to mortgage fraud

If you are the victim of mortgage fraud involving a mortgage lender and a third-party fraudster, chasing after the fraudster should be secondary to taking immediate steps to try and preserve your rights and prevent your condo from being sold.
condo

Actuaries garner new insight into condo finances

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

On trust and transparency in condos

As the cornerstone of condominium living, trust is, oddly, seldom spoken about amongst owners and residents.
tornado

Tornado research uncovers risks for homeowners

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.
emergency prepardeness

Updating your condo’s emergency response plan

As spring temperatures arrive and snow and ice finally recede, condominium managers often face property maintenance issues that arise or were neglected during the winter
property

Trash talk:

As single-use plastics become a thing of the past for Canadians, condo owners and property managers need to adapt the way they handle garbage in their
tenant

Rental demand spotlights tenant relationships

As condos supply the surging demand for rental housing many corporations may be experiencing a rise in tenant-occupied units.
New oversight regime set for Ontario elevators

New oversight regime set for Ontario elevators

A new oversight regime for Ontario’s elevators and escalators will come into force on March 1, bringing shorter timelines for rectifying an extensive list of designated high-risk deficiencies.
business

When owners open a home-based business

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.
governance

How technology can revolutionize the governance of shared-ownership properties

What if there was an easy way to improve participation in governance to achieve a higher standard, particularly on questions of significant importance?
labour shortage

Rethinking staffing models amid a labour shortage

How new staffing solutions could improve a property manager’s working conditions and ease the labour shortage.
contractor

Maintaining healthy contractor relationships

Construction and project planning, now more so than ever, must assign realistic expectations of scheduling and staging to meet contractor and material availability.
harassment

Have you implemented your harassment rules and policies?

Unfortunately, over the last couple of years, we have seen an increasing trend of unacceptable behaviour within condo communities, directed at property managers, directors, other owners/residents and even contractors.
condos

Existing condos: rising to modern standards

New regulations from multiple levels of government are forcing condominium boards and property management companies to consider more than just a simple cost-benefit calculation when examining repair and retrofit options.
governance

Effective decision-making equals good governance

The essential key to board good governance is effective decision-making, both in and out of the board meeting.
capital projects

Freeing-up time for capital projects

Achieving a more symbiotic approach to property management requires understanding the crucial tie between leading-edge occupant services and proactive maintenance.