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Ontario Condo Law Blog

Serving Ontario's condominium communities since 2008

Financial Issues

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Property management firm liable for unauthorized money transfers

By Chris Jaglowitz on January 27, 2011
Posted in Case Studies, Financial Issues, Governance

A recent Ontario Superior Court decision raises several important lessons for condominium directors about controlling their bank accounts.
Continue Reading Property management firm liable for unauthorized money transfers

Why not include 100% of condo fees when qualifying borrowers?

By Chris Jaglowitz on January 17, 2011
Posted in Buying and Selling, Financial Issues

Ottawa was reportedly considering changing the lending rules for condominium purchases but inexplicably backed down. We explore the issue in greater detail.
Continue Reading Why not include 100% of condo fees when qualifying borrowers?

Join CCI in the fight for fair taxation of condo units

By Chris Jaglowitz on November 19, 2010
Posted in Financial Issues, News and Events

If the unit owners at your condo are sick and tired of paying municipal taxes at the same rate as single family houses and not receiving commensurate local services, your corporation needs to join Canadian Condominium Institute to do something about it.
Continue Reading Join CCI in the fight for fair taxation of condo units

HST is painful for condos: The Proof (Part 1)

By Chris Jaglowitz on August 20, 2010
Posted in Financial Issues

We’ve got proof that the HST adversely affects condominium corporations. Here’s part 1.
Continue Reading HST is painful for condos: The Proof (Part 1)

HST as an opportunity to save money

By Chris Jaglowitz on May 31, 2010
Posted in Financial Issues

For a more upbeat view on the looming HST, Warren Ragoonanan offers his take.
Continue Reading HST as an opportunity to save money

CCI-T and ACMO secure concession to offset impact of HST

By Chris Jaglowitz on February 24, 2010
Posted in Condominium Act, 1998, Financial Issues

CCI-Toronto and ACMO have obtained a legislative concession to help condo corporations offset the deleterious effects of the ever-looming HST.
Continue Reading CCI-T and ACMO secure concession to offset impact of HST

FAQs on HRTC

By Chris Jaglowitz on February 18, 2010
Posted in Financial Issues

The Toronto Chapter of the Canadian Condominium Institute has posted a special info bulletin on how condominium unit owners can claim the Home Renovation Tax Credit (HRTC).
Continue Reading FAQs on HRTC

Condo lien is not slander of title when the owner is in arrears

By Chris Jaglowitz on February 2, 2010
Posted in Case Studies, Financial Issues

Unit owners who have a problem about a condominium lien should get legal advice and then follow that advice. Here’s what happens when they don’t.
Continue Reading Condo lien is not slander of title when the owner is in arrears

Protect your condominium community against fraud

By Chris Jaglowitz on January 16, 2010
Posted in Financial Issues, Governance

In this special guest post, fraud examiner Athena Mailloux offers practical solutions to help condo directors increase their vigilance against fraud.
Continue Reading Protect your condominium community against fraud

Further amendment to Condo Act increases choice for investing condo funds

By Chris Jaglowitz on December 23, 2009
Posted in Condominium Act, 1998, Financial Issues

Another small amendment to our Condo Act came into force on December 15, 2009, this time by virtue of Bill 218, the Ontario Tax Plan for More Jobs and Growth Act, 2009.
Continue Reading Further amendment to Condo Act increases choice for investing condo funds

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  • Top Ten Condo Law Cases of 2023
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Recent Posts

  • Back to basics: Part I – Owner alterations to common elements
  • Top Ten Condo Law Cases of 2023
  • The Code and the CAT: Old habits die hard and old dogs don’t learn new tricks
  • John Warren – Condo Audit Warrior
  • No credit for the chargeback card: Practical solutions and why improper condo chargebacks are not the answer
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