Condo insurance surged in Q2 in B.C., Alberta

Condo insurance premiums are maintaining their elevated pace, which began around a year ago, as a consequence of extreme weather events, says LowestRates.ca.   Read the entire article……………………………….

Condo Smarts: Create a safety plan for your strata meetings (BC)

Dear Tony: Our strata council has planned to use our local church hall for our annual general meeting.  They have advised anyone attending will be required to provide proof of double vaccines more than 30 days prior to the meeting and that everyone must wear a mask if they are attending the meeting, or they […]

Extensive fire damage to Sylvan Lake condo building (AB)

Residents of Rainbow Park Condominium, in Sylvan Lake, woke up to the sound of sirens and a large structure fire early Sunday morning.  According to neighbors who witnessed the fire, it broke out at around 4:00 and The Sylvan Lake Fire Department were there right away.    Read the entire article……………………………….

Condo Smarts: Institutional memory critical to prevent losses (BC)

Dear Tony:  Our townhouse complex in Burnaby recently hired a roofing company to correct several leaks identified in the early spring storms. The contractor discovered a number of locations near the caps where the shingling was installed incorrectly. The error was easily remedied but required inspections of all roofs and cost our strata $6,500 of […]

Condo Smarts: Special levy must meet conditions of Strata Act (BC)

Dear Tony: Our strata corporation had a flood in our 52 unit building almost 2 years ago. It was caused by an owner who renovated their kitchen resulting from a breached water line from mounting screws. The leak was not noticed until the next morning and there was over $75,000 damages to 3 strata lots.  […]

Condo Smarts: Funding insurance deductibles by special levy (BC)

Under the Strata Property Act, a strata corporation is permitted to issue a special levy for the common expense of an insurance deductible without requiring a three-quarter vote at an annual or special general meeting.   Read the entire article……………………………….

Residents at Surrey condo complex evacuated as firefighters battle blaze

Residents have been evacuated as firefighters battle a blaze in Surrey tonight at a three-storey condominium complex at 70th Avenue and 138th Street.  Surrey Fire Service deputy chief Mark Griffioen said when firefighters arrived on scene after the call came in around 5:30, two units were initially on fire.   Read the entire article……………………………….

No relief in sight for condo insurance premiums

Condo insurance rates in Alberta, British Columbia and Ontario, which have already risen substantially, are expected to keep rising, according to a report from LowestRates.ca.    Read the entire article……………………………….

Mandatory training, funds among solutions for B.C. stratas

Every strata corporation suffers wear and tear on its capital. To account for that and plan an orderly replacement, each strata needs to have a plan as to the amount projected to be spent on capital replacement each year. In B.C., the Contingency Reserve Fund is intended to fund common expenses occurring less often than […]

Sandycove’s storm response ‘an inspiring example of what community means’ (ON)

One of the things that most impressed observers of the storm damage at Innisfil’s Sandycove Acres adult lifestyle community was the level of co-operation and teamwork while responding to the emergency.  As resident Linda Morris noted, “Between the actions of Parkbridge, the Sandycove Home Owners Association, the first-responders and the other residents not affected by […]

Condo Smarts: Existing buildings can be good investment (BC)

Dear Tony: We are retiring this year and considering downsizing to a condo. We have started looking at both new and existing properties around Vancouver and Victoria, but we encounter challenges with both options. New developments are often available only through presales and the time periods for completion would require us to sell, rent until […]

Strata security raises privacy concerns (BC)

B.C.’s privacy commissioner has told a Vancouver strata corporation to stop using security surveillance system data for purposes other than which it was collected.  And, the strata was told, some data collected through its door key fob system was inappropriate.    Read the entire article……………………………….

Your condo’s gym and pool may not be opening tomorrow, here’s why (ON)

Ontario is moving into Step 3 of the reopening plan tomorrow, allowing the use of indoor sports and recreational fitness facilities. And although many Toronto condo residents are itching to get back to using their building’s currently shuttered gym or pool, those amenities may not necessarily reopen right away.  Read the entire article……………………………….

Can condo bylaw amendments be done piecemeal? (AB)

Question: The owners in our condominium building are updating the bylaws. I know that we need 75 per cent of the owners and unit factors to approve the changes. Can the changes be submitted to the owners as “approve all or nothing?”    Read the Q&A……………………………….

Bylaws govern usage of condo common areas (AB)

Life in a condominium can be maintenance-free, but no one ever said it’s rule-free. With so many residents owning and sharing common space, law and order must prevail.  Every owner belongs to the condo corporation, that body which also makes and enforces the bylaws informing how the property is operated and maintained. A volunteer board […]

Condo noise is driving work-from-homers to the brink (ON)

Torontonians are stuck at home. Still.  According to Statistics Canada, at the beginning of the year, some 32 per cent of Canadians worked mostly from home compared to four per cent in 2016. And it’s not just work. These days, the buildings many call home are filling in as the gym, the school, the restaurant, […]

Man with ties to condo management company charged with fraud in Waterloo Region

Police have charged a man in an alleged fraud involving the loss of more than $500,000.  “The investigation … involved allegations of fraud that dated back to 2017, involving a local property management corporation,” Waterloo Regional Police said in a news release on Monday.    Read the entire article……………………………….