The Provincial Government has amended Strata Property Regulation 6.11 (OIC 101-2019 pdf) to clarify deposit insurance requirements for monies invested by strata corporations. Strata corporations will now be able to keep deposits in bank accounts that are not fully insured. Strata’s concerned about deposit insurance on large balances should talk to their strata manager about switching accounts to a credit union or other approved financial institution with unlimited deposit insurance.   Read the article………………….