The Ontario Ministry of Consumer Services invites comments on its efforts to update the Condominium Act, 1998.
The Review is a collaborative, public engagement process. It has been 11 years since the Act came into force; the market has changed dramatically. Today, condos represent half of all new homes being built in Ontario. About one million people live in Ontario condominiums.
The government plans to update the Act, so that it reflects the current and future needs of condo owners, residents and other stakeholders.
Ontario’s Condominium Act Review is a three-stage public engagement process, to identify issues and give recommendations to address current and future needs.
In stage one the public was asked to bring issues and ideas to the table. In stage two, people with expertise in condominium issues, including condo residents, reviewed findings from stage one and developed a report of recommendations on how these issues can be resolved.
Key recommendations include:
- Creation of a Condo Office, an arm’s length umbrella organization that could provide functions such as education and awareness, dispute settlement, condo manager licensing, and a condo registry.
- Improved consumer education and protection
- Updated financial management rules and dispute resolution mechanisms
- Stronger qualification requirements for condo boards, including mandatory training for first-time members
- A new licensing program, managed by the condo office, to ensure that condo managers are properly trained and qualified.
The public can comment on the stage two report until November 8, 2013.
Ministry of Consumer Services
5th Floor, 777 Bay Street, Toronto, ON M7A 2J3
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