Dean McCabe, regional manager, Brookfield Residential advises against entering into long-term contracts at this time. Instead, condo boards should assess reserve funds (sooner than later) so they know exactly what they’re dealing with.
Sally Thompson, national practice leader, property condition assessment, Halsall Associates discusses how reserve funds for older and newer buildings will be uniquely affected by the HST.
Richard Senechal, manager, CG Maintenance addresses how severely the HST will impact his business.