How Will the “New Condo Act” Affect the Calling and Holding of AGMs?

As part of our review of the proposed changes to the Condominium Act, this post will focus on how Bill 106 would affect the calling and holding of condos annual general meetings (“AGMs”).

If the Bill is adopted as drafted, the province of Ontario would require condominium corporations to provide its owners with an advance notice of the AGM.  This advance notice would have to be sent out 35 days before the AGM. The advance notice would be followed by the “regular” 15-day notice.