Reserve Funds
CondoBusiness
Prioritizing value in engineering procurement
Condo boards face mounting pressure to manage reserve funds efficiently while protecting future owners from unnecessary financial strain.
CondoBusiness
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.
REMI Network
CCI Toronto renews call for condo law amendments
CCI's Toronto & Area chapter is urging the auditor general for renewed condo oversight amid outstanding recommendations.
CondoBusiness
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?
REMI Network
CAO partners with TMU on reserve fund report
The Condominium Authority of Ontario (CAO) is partnering with the Urban Analytics Institute at Toronto Metropolitan University’s Ted Rogers School of Management on research into
CondoBusiness
Condo corporations brace for increased costs
Many condo corporations have already seen much higher prices for capital projects. How will the trade war create further impacts?
CondoBusiness
CAO releases report on state of reserve funds
The Condominium Authority of Ontario has released preliminary findings on the state of reserve funds and owners’ awareness of their importance.
REMI Network
New book educates owners about condo living
Sally Thompson's new book is called Condo Questions and Answers.
CondoBusiness
Overhauling reserve funds in Ontario
As the landscape of aging condos continues evolving, the need for adequate reserve funds to pay for these repairs assumes greater importance.
CondoBusiness
Unintended consequences in capital repair planning
Capital repair planning in the condominium market is a crucial aspect of maintaining and improving aging buildings. However, it is essential to recognize that decisions made in this process can have unintended consequences.
CondoBusiness
Actuaries garner new insight into condo finances
The Canadian Institute of Actuaries’ latest insight statement on the longevity of condo infrastructure explores several risks.
REMI Network
Overcoming budget challenges in today’s market
Here are a few major points of consideration when building a better budget.
CondoBusiness
Unconventional ways condos can reduce capital project costs
Ongoing challenges to capital replacement project costs are wreaking havoc on already stressed reserve funds and causing anxiety for boards and property managers throughout the province.
CondoBusiness
Construction costs rattle the condo industry
Construction cost increases are a significant concern if a condo needs to complete work in the next year or so. But the concern isn't just the here and now.
CondoBusiness
Plugging into the future of EV charging
New buildings are subject to laws and regulations, which require them to be compatible with EVCs.
CondoBusiness
Inflation impacts condo budgeting
The phenomenon of price increases and shortage of items is affecting every aspect of daily life, including common element fees, which are paid each and every month to both new and old condominium corporations.
CondoBusiness
Condos at high risk from reserve fund shortfalls
The growing crop of condo owners across Canada will likely encounter huge annual fee increases and lump-sum payments due to low reserve fund contributions, authors of a new research report are warning.
