Most condominium corporations in Ontario have an audit completed annually and the resulting financial statements are provided to owners, typically, in the Notice of Annual General Meeting.
Continue ReadingAll condo corporations in Ontario are legally required to file annual returns with the Condominium Authority of Ontario (CAO). Make sure you are prepared to file your return. Read our blog post about frequently asked questions regarding CAO returns:
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Continue ReadingBill 106 is an act to amend the Condominium Act of Ontario, 1998, to enact other Acts with respect to Condominiums (i.e. New Home Warranties Plan Act) and the Condominium Management Services Act, 2015. Along with Bill 106, the Ontario Government created two new administrative authorities called the Condominium Authority of Ontario (CAO) and the Condominium Management Regulatory Authority of Ontario (CMRAO).
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