Risk Management
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.
Home owners and builders lack awareness of IAQ health risks
After exposure to scientific findings, the number of homeowners who viewed their homes as somewhat or very unhealthy more than tripled.
Reducing talent shortages and employee churn
Many industries are experiencing shortages due to the pandemic. However, as we see the situation change to an endemic, the staff lost through layoffs and shutdowns may no longer be waiting in the wings. Now is the time to look at talent recruitment and the technology that can make the process easier.
The delicate balance of social media in condos
How can social media be a safe venue for transparency, so that owners, residents, boards and management aren't afraid of the platform?
Snow and ice contractors brave insurance blizzard
Contractors working in the snow and ice management industry are facing a blizzard of challenges on the insurance side, or what many are calling a crisis.
Is your condo board prioritizing properly?
Many condo corporations struggle to prioritize. In fact, it's a challenge facing several organizations across industries, from a board level, right down to day-to-day task assignments. Condo boards and their management teams are no different.
Ethics, etiquette and excellence in management
Anyone entering the condo management field needs to be willing to work on their interpersonal skills, which outweigh academic credibility.
Labour shortages, supply chain challenges endure
As policies continue to change and the labour shortages remain unsettled, managers must continue to ride the waves.
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.
Recent thefts draw attention to condo security
A few Toronto-based condos authorized a “safety and security” committee, made up of owners, to research security concerns and solutions and advise the board of directors.
Recent proof-of-vaccination decisions in condos
None of us know how long proof of vaccination will be required in Ontario in the settings mandated by the province, or whether those areas and exemptions will be amended over time.
The legalities of vaccine policies in condos
An increasing number of condos within the last two months have implemented mandatory vaccination policies, which apply to indoor common element amenity users and on-site employees.
Data privacy faces renewed scrutiny in condos
Maintaining residents’ privacy is nothing new in condos, but optional vaccine policies are bringing more relevance to the issue of anonymity. .
Multifamily fire risk factors evolve over time
The combination of improved suppression and ignition source depletion has reduced the risk of fire-related fatalities within residential high-rises, and all dwellings in general, since 1980.