Risk Management
Considerations for deferring capital project work
The industry panel discussed what capital repairs and replacement costs could potentially be deferred by prolonging the life of various building components and what professional resources to seek for guidance.
Defaulted real estate loans on the upswing
Many creditors and debtors are now grappling with the fallout from a largely unexpected change in market conditions over the course of their loan agreements.
Pushing for a workplace culture shift
Condo managers are familiar with hostile work environments, but cases of harassment and intimidation, and even violence, have reportedly increased due to a confluence of factors.
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.
A guide to understanding noise in condos
Resolving noise complaints requires an understanding of how sound moves through a building and the obligations of a condominium.
What’s next for condominium insurance?
Timely maintenance and improvements will play an important role in securing favourable coverage terms and avoiding delays in the renewal process.
A look at the CAO’s draft anti-harassment rule
Harassment towards property managers, directors, contractors, and residents remains a significant problem within condominium corporations.
Continuing education for condo board directors
Even though the Condominium Authority of Ontario’s online mandatory training program provides a solid foundation, directors can never stop learning and continue to gain experience over their terms.
The call for safer condos in Ontario
Conflicts and disputes within Ontario’s condo communities are fueling a conversation around safety reform and adding pressure to make residential buildings better places to live and work.
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.
The impact of minimum wage increases
This minimum wage increase is larger than most in recent history, second only to that imposed on January 1, 2018.
AI as a virtual assistant for managers
Artificial Intelligence (AI) is rapidly transforming various industries. Condominium management should be no exception.
Mitigating the risk of property crime
While 2020 boasted the lowest property crime rate in more than 50 years, crime rates have not continued to sink since then.
Condo managers breaking gender stereotypes
The underrepresentation of women is a prevailing narrative across the traditionally male-dominated building sector, but the world of condo management tells another story.
Enforcing the governing documents
How can a property manager or board member understand what steps to take when enforcing the governing documents?
Legal implications of AI in condo management
AI in condominium property management can have several legal implications, depending on how it is implemented and used. Here are some important legal considerations:
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.