Ontario Budget 2015 confirms Condo Act reforms coming
The 2015 Budget was tabled Thursday April 23rd, 2015. Unfortunately, very little on the proposed reforms to the Act were mentioned, except the following:
Increasing Protection in the Condominium Market Building on the announcement in the 2014 Budget, the Province is moving forward with reforms to the Condominium Act, 1998, including the establishment of mandatory qualifications for condominium managers. The Province will also be creating two administrative authorities to license condominium managers and improve education and dispute resolution for condominium corporation boards and owners. The waiting game continues.
Increasing Protection in the Condominium Market Building on the announcement in the 2014 Budget, the Province is moving forward with reforms to the Condominium Act, 1998, including the establishment of mandatory qualifications for condominium managers. The Province will also be creating two administrative authorities to license condominium managers and improve education and dispute resolution for condominium corporation boards and owners. The waiting game continues.