Condominium Management Group has published their Spring 2018 Newsletter. You can find it here. As there are many changes to the Ontario Condominium Act, they offer some insights on the requirements.
Tag Archives: OCA
Changes to Ontario Condominium Act
On 1 November 2017 the Condominium Authority of Ontario (CAO) was established. The purpose of the CAO is to:
- Ensure that Condominium Managers (CMG) are appropriately licensed;
- Tighten the regulatory environment in which condominium Boards operate;
- Ensure that condominium Board members are properly trained;
- Set out a system of information certificates and notices to ensure that condominium owners are properly informed of changes and upcoming meetings;
- Establish a system for the request for information relating to a particular condominium or unit;
- Institute rules about corporate records retention; and
- Establish a dispute resolution system, the Condominium Authority Tribunal (CAT).
A summary of the changes can be found in the document here. For those owners who want to dive into the details, there is also an online course, described as “Director training”, offered on the CAO website here.
Your condominium Board is working diligently to incorporate all these changes. We invite you as well to visit the CAO website, and explore around to get a sense of this new environment.
More on Bill 106
Nancy Houle, from Nelligan, O’Brian and Payne, has written an article on the next steps to get Bill 106 become the new Condominium Act. Please find it here:
Condominium Act Reform: Bill 106 has become legislation
Please note that the Ontario Condominium Act, 1998, is still in effect until further notice by the Ontario Government.