Risk Management
Strengthening your condo’s cybersecurity system
Here’s what you should know about cyberattacks, how to improve your cybersecurity network, and what to do if your corporation is hacked.
Handling pet disputes in condos
Many condominium corporations that allow pets to varying degrees may see more four-legged friends roaming around, and there are several common issues residents will likely have to contend with.
The CAT’s elusive middle ground
How fast is too fast to bring an enforcement matter to the Condominium Authority Tribunal of Ontario (the CAT).
Private homes preferred for cannabis use
More than 90 per cent of survey respondents confirm that they typically use non-medical cannabis in their own homes, while 46 per cent use it in other people’s homes.
Uptick in fraud a wake-up call for condos
In these economically trying times, as one would expect, fraud has been rearing its ugly head. Unfortunately, condominium corporations have increasingly become an easy target.
Why facilities must be proactive to improve cyber security
Research found cyber attackers increased their targeting of internet-connected OT devices by 2,204% between January and September 2021.
Detoxifying the condo manager’s workplace
It’s hard to imagine that there’s a condo manager anywhere in Ontario who would describe their job as easy. The breadth and depth of knowledge required to do the job well are astounding.
Engaging next-gen condo managers
Over a million residents live in condos, and more buildings are being built today than ever before.
Supporting residents struggling with mental illness
Mental illness is more prevalent than it may appear. Studies suggest that almost one in five Ontarians have been affected by a psychiatric disorder.
The future of water in buildings is smart
Water creates levels of risk throughout all stages of a building’s life cycle and is a major cause of loss during and after construction.
How to prepare properties for tornado season
The deadly storm that devastated large parts of Southern Ontario on Saturday did so with little warning. In its aftermath,10 people are dead and the tornado-grade winds of the storm, called a ‘derecho,’ left behind massive damage and destruction.
Warding off water damage
As the rapid growth of condominium living in Canada continues, corporations and their suite owners need to be on alert for water damage.
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.
Greening Ontario’s housing sector
Ontario’s housing sector emits more greenhouse gas emissions than any other province, primarily due to its high population rate. In the province, residential buildings are
Fair condo elections at stake as Ontario consults on e-voting regs
In this new frontier of e-voting lies a confluence of ethical factors that should be considered ahead of permanent changes to the Condo Act.
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.
The hidden risks of switching insurers
There are many reasons why switching providers is in the best interests of the condo, but there may be hidden risks. Unbeknownst to many policyholders, changing insurers can create a gap in coverage that can expose the corporation to significant financial consequences.