Dear Tony: Our strata corporation is 125 units and we have an upcoming annual general meeting that is going to be critical, as we need to approve a significant increase in our budget to cover our insurance. We do have a common room where we only get 50 to 60 people attending, but in consideration of the health risks, we want to cancel our meeting. Are there are penalties if we don’t cancel the meeting and just pay for the insurance increase from our contingency fund? Read the Q&A………………………………
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