CONDOBUSINESS

CondoBusinessSept2018

Message from our Editor:

CondoBusiness cuts through industry acronyms and jargon to provide educational content that is just as valuable to a volunteer board director confronting people, pet and parking issues for the first time as it is to a veteran property manager helping clients navigate changes to Ontario’s condo laws.

 MichelleMichelle Ervin, Editor - CondoBusiness

Interested in Advertising with us? Download our media kit for more information

Download media kit
Group Publisher: Sean Foley
416-512-8186 ext. 225
seanf@mediaedge.ca

The new and growing crop of buildings rising 50 storeys and up in Toronto will be more complicated and consequently more costly to maintain, one engineer is warning. She is not alone in her assessment.

Published in Construction Business

A new report aims to shatter what it suggests are lingering misperceptions about the performance of Toronto’s so-called “glass towers.”

Published in Construction Business

Worrisome harbingers of borrower instability have faded somewhat since a mortgage financing stress test went into effect, Canada’s financial monitor reports. 

Published in Construction Business

Many condominium communities aim to leverage the professional experience of their directors. Matching a director’s role with their expertise makes sense. If, for example, a member of the board has an accounting background, the treasurer’s role would seem a better fit for them over someone without relatable knowledge to bring to the position.

Published in CondoBusiness

In condominium corporations, accessibility is too often — and wrongly — associated with unexpected and significant costs and veiled threats of legal action against unresponsive boards and property managers. It may be more helpful to think of through the lens of inclusivity, which is warmer and more inviting and simply means not excluding anyone.

Published in CondoBusiness

There’s a new point person on the condo file in Ontario’s Progressive Conservative government after a cabinet shuffle yesterday. Premier Doug Ford has moved Todd Smith to the economic development, job creation and trade portfolio and named Bill Walker, MPP for Bruce-Grey-Owen Sound, as the new minister of government and consumer services. 

Published in CondoBusiness

Residential windows have an anticipated service life in the range of 35 to 45 years but may require replacement in half of that time if problems develop. The timeframe is the same for new windows or windows installed 20 years ago, and depends on the quality of the design, fabrication, and installation.

Worrisome harbingers of borrower instability have faded somewhat since a mortgage financing stress test went into effect, Canada’s financial monitor reports. 

Published in CondoBusiness

A hoarded unit can contain a mix of rubbish, including rotten food items, wet garbage, soiled clothing, electronics, furniture, paper and items that may have been retrieved from the trash. This mix of rubbish can almost be ceiling high in extreme cases. 

Published in CondoBusiness

Interestingly, the Condominium Act does not prohibit a developer from entering into a section 98 agreement with the condo while it still owns the units. In fact, many developers now include section 98 agreements as a standard part of the disclosure package that they provide to potential purchasers.

Published in CondoBusiness
Page 1 of 2