Amendments to the Condo Act
A Condo Year in Review – Our Top 10 Most Popular Posts of 2015
As most of Ontario was hit with its first snow storm of the winter, I sat down to take stock of 2015. And what a year it has been for us and for the Condo Adviser! Since our launch on March 24, 2015, we published more than 70 posts! Best of all, the response from our readers has […]
The New Condo Act Has Been Adopted…. But Is Not in Force Yet
Finally! Bill 106 (an Act to amend the Ontario Condominium Act and other related legislation) passed third and final reading on December 2, 2015. A little known fact is that it also received royal assent on December 3, 2015. The Honourable David Orazietti (the Minister of Government and Consumer Services) was proud to introduce this […]
New Rules Applicable to Condominium Corporate Records Under the “New Act”
Bill 106 (the Act aimed at amending Ontario’s Condominium Act and other condominium-related legislation) is still before the Standing Committee on Finance and Economic Affairs. This Committee held two public hearings recently, on October 22 and 29, 2015. With the benefit of these additional public consultations, and of any written submissions which were to be received […]
The ‘New Condo’ Act Moving Through Second Reading
You will certainly recall that Bill 106 (the Act to amend our 1998 Condominium Act and to enact other condo-related legislation) was introduced to the Legislative Assembly of Ontario for first reading on May 27, 2015. After the dog days of summer, Queen’s Park has resumed its work this week and the ‘new Condo Act’ is high […]
The “New Condo Act” Will Significantly Affect the Calling of Special Owners’ Meetings
Bill 106 (the bill presenting changes to the existing Ontario Condominium Act) proposes significant changes to the process by which condo owners can requisition and force the holding of a special owners’ meeting. This post will focus on this. The process under the existing Act As it presently stands, owners can requisition an owners’ meeting […]
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”). Mandatory advance notices of AGMs If the Bill is adopted as drafted, the province of Ontario would require condominium corporations to provide […]
‘New Condo Act’: Tight Deadlines for Corporations to Adopt and Disclose Their Budget
In this installment on the changes Bill 106 may bring to the existing Condominium Act, we focus on the changes expected to affect how corporations adopt and disclose their yearly budgets. Bill 106 proposes to add an entire section on corporations’ budgets. This is new as the present Condominium Act is nearly silent on this question. […]
‘New Condo Act’: Directors’ Qualifications and Disclosure Obligations
Bill 106 was introduced at Queen’s Park on May 27, 2015. If adopted, it will introduce sweeping changes to the governance and management of condominiums in Ontario. Since the introduction of this Bill, we have been blogging on the proposed amendments. In this post, we analyse what changes may be made to the qualifications and […]
Amendments to the Condo Act: the New Condo Authority and Condo Tribunal
As announced in our post of May 27, the province of Ontario finally released its much anticipated proposed amendments to the Condominium Act. If made into law, Bill 106 will serve to amend our 15 year old Condominium Act as well as other legislation pertaining to condominiums in Ontario. For instance, Bill 106 would amend certain portions […]
Amendments to the Condominium Act Are Finally Released!
The wait is finally over! The Amendments to the Condominium Act have finally been introduced at Queen’s Park on May 27, 2015. The text of this bill, which is formally entitled “An Act to amend the Condominium Act, 1998, to enact the Condominium Management Services Act, 2015 and to amend other Acts with respect to condominiums” can finally […]