The board of directors plays a critical role in any condominium community. First and foremost, the board's role is to serve and meet the needs of community residents, acting in a manner that is consistent with the best interests of …
In a recent white paper, the Canadian Institute of Actuaries’ Longevity of Infrastructure – Reserving and Risk Management in Condo Maintenance in Canada has identified one major problem for many condo owners: they’re about to encounter large annual fee i...
You might think that you can plan your budget for the upcoming year based on the previous year's expenses. Just copy and paste and you're done, right? Well, not quite. While the previous year can provide a solid, general guide …
The end of the fiscal year means it's time for condominium corporations to pass a budget for the next year. Involving a committee comprised of unit owners is a smart idea to avoid any pitfalls or disagreements.
Maureen Hancharyk is Manitoba Chapter President of the Canadian Condominium Institute, commonly known as CCI. She is also actively involved in her own community, Stonecrest Condominiums in Winnipeg. In this episode we talk about CCI, membership benefits,...
Stewart Elston is a REALTOR®, and Alternate Broker with Powell Property Group. He is also the 2021 President of the Manitoba Real Estate Association (MREA) In this episode we talk about the differences of condominium vs single family home lifestyle …
Josh King is a commercial insurance broker and President of Ruban Insurance. In this episode we talk about the change of the insurance landscape specifically affecting condominium corporations and what proactive steps can be taken to lessen the impact of...