Q: We are in need of a special assessment to cover an emergency underground repair in our townhouse complex. We have enough funds in our reserves to cover the cost, but our strata president decided to invest the funds in a three year non-redeemable GIC, so we have no choice but to assess the owners. Obviously, our owners are unhappy about this. What are our options? Can we prevent this in the future? Read the Q&A………………………………..
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September 23, 2023
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