Reserve Funds
CondoBusiness
The fatal flaws behind the Surfside condo collapse
Building failures of this horrific scope are seldom seen in North America. But it is important to examine what happened so we can learn and prevent similar collapses in the future.
CondoBusiness
Reserve funds ignore climate target impacts
We should be asking our reserve fund planners to look at the Paris accord target dates and compare the end-of-life replacement of our gas-burning appliances against the target dates.
CondoBusiness
Condo finances feel the COVID effect
The pandemic has altered an interesting and often overlooked item in the budget, which is not a cost at all, but a loss of revenue.
CondoBusiness
Reserve fund budgeting: A fan coil unit retrofit
One of the most under addressed issues in aging condos is the fan coil unit. Residents often take an “out of sight, out of mind” approach.
CondoBusiness
How is COVID-19 impacting reserve funds?
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.
CondoBusiness
Condo budgeting concerns afoot
Financial uncertainty prevails for condo corporations that are anxious about continuing operations and budgeting in the wake of COVID-19.
CondoBusiness
Planning to ensure reserve funds are adequate
Condo boards must plan ahead and undertake studies to ensure than reserve funds are adequate for future major capital repairs and replacements.
CondoBusiness
Reserve fund studies
This video report discusses reserve fund studies. Commentator: Halsall's Sally Thompson.
CondoBusiness
Continuous rise of reserve fund contributions
There are many reasons why contribution levels must increase, including unexpected issues, rising costs ...
CondoBusiness
Condo law reform in Ontario
If passed, Bill 72 would become the Property Owners’ Protection Act, 2012, and amend the existing Ontario New Home Warranties Plan Act, Ontario Building Code and Condominium Act, which, despite the province's condo boom, has not been ...
CondoBusiness
Legal update
This video report provides a legal update on recent legislative challenges and court rulings. Commentators: Deacon Spears Fedson & Montizambert's John Deacon and Miller Thomson's Marko Djurdjevac.
CondoBusiness
Annual funded ratio
A good way to assess the health of a reserve fund is to use an annual funded ratio (AFR) – the three-year moving average from the reserve fund starting ...
CondoBusiness
Reserve fund shortfalls
This video report looks at available options when there is not enough money in a reserve fund to cover unexpected repairs. Commentators: Morrison Hershfield's Lisa Kay and Genivar's Peter Leong.










