Ontario politicians debate bill proposing condo insurance changes, licensing of condo managers

A proposal to update Ontario’s condominium insurance rules, and to license condominium managers, is currently before the legislature.   If passed into law, Bill 106 “would update rules and requirements relating to insurance when damage occurs to a unit or the building,” said Chris Ballard, Liberal MPP for Aurora-Newmarket and parliamentary secretary to government and consumer services minister David Orazietti, at Queen’s Park.    Read the article……………


Related Articles

Property managers downplay cybersecurity threats

Building systems are becoming increasingly connected to the Internet through new technologies that help property managers better serve and protect

Condo Act Amendments and Common Expense Increases

At the ACMO / CCI EO Condominium Conference on June 2nd, I offered my view that the Protecting Condominium Owners

Condo Financing Myths Debunked

In Ontario, when condominiums find themselves short on funds they have three options: 1) increase monthly fees; 2) levy a