Finances
May 30, 2024 - Published by Grand River Chapter - Author(s): Jordan Swail
Revisiting Inflation – Where are we now?
It’s been almost 2 years since we last talked about inflation – back in the summer of 2022 the consumer price index had just increased by 7.7% year over ear, with residential construction prices increasing by a whopping 26.5% year over year in Toronto. So where is inflation now and how is it effecting our condominiums?
Finances
May 16, 2024 - Published by Grand River Chapter - Author(s): Shalon Chapman, John Hayes
Proactive Softscape Budgeting: Plan Ahead
Spring is here! The birds are singing, and the flowers are blooming! The garden centres are open with flowers a plenty, and you’re thinking about how you would like the property to look for the upcoming season. Just like anything else, it’s important to ask – do we have the money?
Finances
January 22, 2024 - Published by Golden Horseshoe Chapter - Author(s): Jordan Swail, Nigel Parker
The Cost of Deferred Maintenance – When Spending Money Makes Sense
From the Volume 18, Winter 2024 issue of the CCI GHC Condo News Magazine
Finances
January 22, 2024 - Published by Golden Horseshoe Chapter - Author(s): Will McKay
Navigating Financial Waters for Condominiums: Choosing the Right Financial Advisor for Your Investment Voyage
From the Volume 18, Winter 2024 issue of the CCI GHC Condo News Magazine
Finances
November 16, 2023 - Published by Grand River Chapter - Author(s): Shalon Chapman, Dushan Dvjak
Streamlining Operations: The Benefits of Electronic Signatures and Payment Approvals for Condominium Corporations in Ontario
Condominium corporations in Ontario face numerous administrative tasks, including obtaining signatures and approving payments for various transactions. Traditionally, these processes involved manual paperwork, extensive printing, and time-consuming physical meetings. However, with the advent of electronic signatures and payment approvals, these tasks have become more efficient and cost-effective.
Finances
October 30, 2023 - Published by Manitoba Chapter - Author(s): Kirsten Bishop
Inaugural forum attracts 37 treasurers
From the CCI Manitoba Fall 2023 Condominium News and Views Magazine
Finances
July 20, 2023 - Published by Manitoba Chapter - Author(s): Alan Forbes
Condo Conversation Corner: A View & A Voice
From the CCI Manitoba Summer 2023 Condominium News and Views Magazine
Finances
July 13, 2023 - Published by Golden Horseshoe Chapter - Author(s): Dave Williams
Here Comes the Judge……er Auditor General! [Opinion] A Look at the Industry from a Business Perspective!
From the Volume 16, Summer 2023 issue of the CCI GHC Condo News Magazine
Finances
June 22, 2023 - Published by Toronto and Area Chapter - Author(s): Murray Johnson
Condominium Financial Pressures
From the Summer 2023 issue of CCI Toronto Condovoice Magazine.
Finances
June 12, 2023 - Published by London and Area Chapter - Author(s): Trish Kaplan
Finances and Condominium Deficits
From the CCI Review 2022/2023-4 May 2023 issue of the CCI London Chapter
Finances
May 17, 2023 - Published by Eastern Ontario Chapter - Author(s): Natasha Mayhew
Reserve Funds – from a Director (or four)’s perspective
From the Volume 34 issue of the CCI Eastern Ontario Condo Contact Magazine
Finances
May 1, 2023 - Published by South Alberta Chapter - Author(s): Walter Wakula
Avoiding a Loss of Your Bank Account Balance
From the Spring 2023 issue of the CCI South Alberta CCI Review
Finances
April 20, 2023 - Published by Grand River Chapter
Federal Underused Housing Tax – Update
The Underused Housing Tax Act came into force with an effective date of January 1, 2022.
Finances
March 22, 2023 - Published by London and Area Chapter - Author(s): Michael Watson
Is Your Condominium Corporation Facing a $10,000 Penalty Under the Underused Housing Tax Act?
From the CCI Review 2022/2023-3 March 2023 issue of the CCI London Chapter
Finances
March 22, 2023 - Published by London and Area Chapter - Author(s): Lyndsey McNally
Why Would a Condo Corporation Choose to Borrow?
From the CCI Review 2022/2023-3 March 2023 issue of the CCI London Chapter
Finances
January 25, 2023 - Published by Northwestern Ontario Chapter - Author(s): Sally Thompson
The Coming Reserve Fund Shock
This presentation discusses the high construction inflation in 2020, 2021 and 2022, and its impact on reserve fund contributions.
Finances
January 17, 2023 - Published by South Alberta Chapter - Author(s): Stephen Chesney
Uptick in Fraud a Wake-Up Call for Condos
From the Winter 2023 issue of the CCI South Alberta CCI Review
Finances
November 25, 2022 - Published by Huronia Chapter - Author(s): Michele Farley
Managers & Boards! If You Have Any 2022 Budget Left Over, This is How to Spend It!
From the CCI Huronia Fall 2022 Condo Buzz Newsletter
Finances
November 24, 2022 - Published by Grand River Chapter - Author(s): Shalon Seebach
How to Prepare for Upcoming Budgets
It’s that time of year again! For the many corporations with December 31st year-ends, it’s time to work on your corporation’s budget for the next fiscal year. This can be a very daunting endeavor for many board members, particularly in the current economic climate.
Finances
November 21, 2022 - Published by Toronto and Area Chapter - Author(s): Edmund Leong
Condo Lending
From the Fall 2022 issue of CCI Toronto Condovoice Magazine, Volume 27, Issue Number 1.
Finances
November 21, 2022 - Published by Toronto and Area Chapter - Author(s): Matilda Lici, Ava Naraghi
Trust in Me
From the Fall 2022 issue of CCI Toronto Condovoice Magazine, Volume 27, Issue Number 1.
Finances
November 21, 2022 - Published by Toronto and Area Chapter - Author(s): Lyndsey McNally
Coming Out Behind
From the Fall 2022 issue of CCI Toronto Condovoice Magazine, Volume 27, Issue Number 1.
Finances
November 18, 2022 - Published by Huronia Chapter
Can you be richer than you think?
Our moderator Sonja Hodis and our panel of experts which included Blair Spinney (Auditor), Ryan Griffiths (CWB Maximum Financial), Thomas Martin (Swtch Energy) and Ephram Spielman (Carma Corp) discussed money issues in condominiums and participants learned how to read your budget, properly prepare a budget for your condo, manage your ongoing utility expenses such as electricity and water with submetering, manage the costs of electric car charging installations. [Read More]
Finances
October 20, 2022 - Published by Grand River Chapter - Author(s): Shalon Seebach, BBS, LCCI
Does Our Condo Budget Have to be Breakeven?
A breakeven budget is one where the anticipated revenue is the same amount as the expected total expenses. A good starting point is to consider the accumulated General (or Operating) fund balance. Should the condominium carry a surplus? The Condominium Act of Ontario acknowledges there could be a surplus – in subsection 84 (2) they indicate a surplus can be used for ...
Finances
October 11, 2022 - Published by Golden Horseshoe Chapter - Author(s): Dave Williams
Inflation: Good News for Condos? Not!
From the Volume 13, Fall 2022 issue of the CCI GHC Condo News Magazine
Finances
September 7, 2022 - Published by London and Area Chapter - Author(s): Lyndsey McNally
Inflation is Coming for You
From the CCI Review 2022/2023-1 September 2022 issue of the CCI London Chapter
Finances
September 7, 2022 - Published by London and Area Chapter - Author(s): Braedon Hebert, CPA
Benefits of Accounts Payable Automation
From the CCI Review 2022/2023-1 September 2022 issue of the CCI London Chapter
Finances
September 7, 2022 - Published by London and Area Chapter - Author(s): Jennifer Dickenson, Séan Eglinton, Andrew Elliott, Alana Haggis, Lisa Skirten
Q&A—Inflation in Condos
From the CCI Review 2022/2023-1 September 2022 issue of the CCI London Chapter
Finances
July 8, 2022 - Published by Huronia Chapter - Author(s): Ryan Griffiths, Robert Weinberg, Chris Jaglowitz
Borrowing
From the CCI Huronia Summer 2022 Condo Buzz Newsletter
Finances
July 8, 2022 - Published by Huronia Chapter - Author(s): Jon Juff
Condominium Operations
From the CCI Huronia Summer 2022 Condo Buzz Newsletter
Finances
July 8, 2022 - Published by Huronia Chapter - Author(s): Michelle Farley
Budgets - Fire Safety
From the CCI Huronia Summer 2022 Condo Buzz Newsletter
Finances
June 22, 2022 - Published by Golden Horseshoe Chapter - Author(s): Dave Williams
Condo Financial Statements… Directors just need to review and ask questions… Follow the money!
From the Volume 12, Summer 2022 issue of the CCI GHC Condo News Magazine
Finances
June 22, 2022 - Published by Golden Horseshoe Chapter - Author(s): Will MacKay
Investing the Reserve Fund: How to Maximize Return and Minimize Risk
From the Volume 12, Summer 2022 issue of the CCI GHC Condo News Magazine
Finances
April 8, 2022 - Published by Golden Horseshoe Chapter
Inflation and Management Challenges
Our panel of experts covered a couple of the most timely and impactful challenges facing the condominium industry today. The rising costs of goods and services and supply chain issues are delaying major projects and disrupting the financial well-being of stakeholders across the condominium industry. This session provided real-life insights as to what is happening, what to expect, and how best to deal with these challenges. The property management industry [Read More]
Finances
April 6, 2022 - Published by Eastern Ontario Chapter
Lunch and Learn - Budget Bites
A discussion on condo budgets and financial statements. [Read More]
Finances
March 31, 2022 - Published by Grand River Chapter - Author(s): Mike McGinnis
Getting Personal With Your Tax Filing
Personal tax season is approaching quickly! We wanted to provide a general guide on how to get ready for submitting your income taxes.
Finances
March 22, 2022 - Published by Golden Horseshoe Chapter
Pot of Gold (Chargebacks) Pre and Post Amlani
A review of how to process chargebacks, what Boards and Managers need to know before charging back an expense. How has the Amlani case affected a Corporation's ability to chargeback. [Read More]
Finances
March 18, 2022 - Published by Huronia Chapter
Eliminating the Fear
Eliminating the fear of Special Assessments, Borrowing and Common Expense Fees [Read More]
Finances
February 25, 2022 - Published by Huronia Chapter
Show Me The Money!
Jerry Maguire must have lived in a condo! Condo owners, boards and property managers all know that the financial climate is changing and it is having a great impact on condos and how they operate. [Read More]
Finances
February 2, 2022 - Published by Toronto and Area Chapter - Author(s): hristina Ajith-Brandford, Justin McLarty
Bonuses Should be Handled With Care
From the Winter 2021 issue of CCI Toronto Condovoice Magazine, Volume 26, Issue Number 2
Finances
January 20, 2022 - Published by Grand River Chapter
Budgeting: Should Last Year’s Surplus Be Used to Fund a Pet Sanctuary?
It’s that time of year again for the Annual General Meeting and the process of forming next year’s budget. The auditor happily noted that the condominium had a growing surplus in both accounts. A golden retriever with a goofy grin ran onto the stage. His owner read a flyer that showed the benefits of having a pet sanctuary.
Finances
January 13, 2022 - Published by Golden Horseshoe Chapter - Author(s): Kent Schultz
Planning for Capital Projects
From the Volume 11, Winter 2022 issue of the CCI GHC Condo News Magazine
Finances
November 24, 2021 - Published by London and Area Chapter - Author(s): Jennifer Dickenson
Q&A: Audit Basics
From the CCI Review 2021/2022—November 2021 issue of the CCI London Chapter
Finances
November 9, 2021 - Published by Toronto and Area Chapter - Author(s): Mo Killu, Carrie Cowton
The Top-Ten Ways to Save
From the Fall 2021 issue of CCI Toronto Condovoice Magazine, Volume 26, Issue Number 1
Finances
November 9, 2021 - Published by Toronto and Area Chapter - Author(s): Anne Burgoon
A Loan Was Exactly What They Needed
From the Fall 2021 issue of CCI Toronto Condovoice Magazine, Volume 26, Issue Number 1
Finances
October 14, 2021 - Published by Grand River Chapter
Who’s responsible for preparing your condominium's financial statements?
Most condominium corporations in Ontario have an audit completed annually and the resulting financial statements are provided to owners. But what about those condos that have less than 25 units and have waived the audit - do they still have to provide financial statements to the owners? The answer is...
Finances
September 22, 2021 - Published by Golden Horseshoe Chapter - Author(s): Lyndsey McNally
Taking the Fear out of Financing
From the Fall 2021 issue of the Condo News Magazine of the Golden Horseshoe Chapter of the Canadian Condominium Institute
Finances
August 12, 2021 - Published by Eastern Ontario Chapter
Crunching Condo Finances
Join our panelists as they unravel the mysteries behind annual budgeting, reading financial statements and the dos and don't of investment planning. Why crunching the numbers is important for your corporation, who does what, and why. [Read More]
Finances
April 15, 2021 - Published by CCI National
CCI National - Financial Statements Translating the Numbers
Financial experts from across Canada as offered a practical lesson on how to read and interpret your condo or strata financial statements. Learn what to look for in the numbers and the types of questions you should ask. [Read More]
Finances
April 1, 2021 - Published by Toronto and Area Chapter - Author(s): Ryan Griffiths
Special Assessments
From the Spring 2021 issue of the CCI Toronto Condovoice Magazine.
Finances
April 1, 2021 - Published by Toronto and Area Chapter - Author(s): Brian Antman
Why Pay for Closed Amenities?
From the Spring 2021 issue of the CCI Toronto Condovoice Magazine.
Finances
April 1, 2021 - Published by Toronto and Area Chapter - Author(s): Jason Rivait, Justin McLarty
The Future of the Chargeback
From the Spring 2021 issue of the CCI Toronto Condovoice Magazine.
Finances
March 16, 2021 - Published by Golden Horseshoe Chapter
Money! That’s What We Want - CondoTalk
Deep dive on expense and cost recovery tips for Condo Corporations. [Read More]
Finances
November 12, 2020 - Published by Toronto and Area Chapter - Author(s): ALTIN NANI
Deciphering Condo Management Fees
From the Fall 2020 issue of the CCI Toronto Condovoice Magazine.
Finances
April 13, 2020 - Published by CCI National
Borrowing for Condominium Corporations
Our series of six videos covers the financial options of borrowing for condominium corporations. Edmonton lawyer, Todd Shipley (Reynolds Mirth Richards & Farmer LLP), explains all aspects of this topic; Introduction, Legislation, Rationale, Types of Borrowing, Process and ending with Q & A from audience.
Finances
April 2, 2020 - Published by South Saskatchewan Chapter
2018 Regina Garbage Rebate
Last week, Regina City Council voted to approve the 2018 budget - a budget that does not provide relief to condominium homeowners who must hire private garbage pickup. As part of the budget deliberations, Council voted 6-5 against a motion to reinstate the condominium garbage rebate. This article provides a list of contacts for members to contact.
Finances
April 1, 2020 - Published by Toronto and Area Chapter - Author(s): Stewart Handrahan
Reserve Fund Planning for Skyscrapers
From the Spring 2020 issue of the CCI Toronto Condovoice Magazine.
Finances
April 1, 2020 - Published by Toronto and Area Chapter - Author(s): Brian M. Antman
Financial Transparency in Condominiums
From the Spring 2020 issue of the CCI Toronto Condovoice Magazine.
Finances
April 1, 2020 - Published by Toronto and Area Chapter - Author(s): Stefan Nespoli, Lyndsey McNally
Why Are My Fees Going Up?
From the Spring 2020 issue of the CCI Toronto Condovoice Magazine.
Finances
March 16, 2020 - Published by South Saskatchewan Chapter
Property Tax Campaign Information
CCI South Saskatchewan http://cci-southsaskatchewan.ca/resources/property-tax-campaign
Finances
March 16, 2020 - Published by South Saskatchewan Chapter
Information about CRA T2 – Corporate Income Tax Returns
CCI South Saskatchewan http://cci-southsaskatchewan.ca/resources/cra-t2-info
Finances
March 10, 2020 - Published by Other
Canada Mortgage and Housing Corporation
Government/ External Resource https://www.cmhc-schl.gc.ca/
January 2, 2020 - Published by Grand River Chapter - Author(s): Gwen Story, B.Com (Hons), CPA, CGA
Do you need an audit of your financial statements? Find out what you need to know when selecting a financial statement auditor.
Finances
July 12, 2019 - Published by CCI National - Author(s): Gabor Arato
A Debt Problem Is Essentially a Budgeting Problem
From the Summer 2019 issue of the CCI Toronto Condovoice Magazine.
Finances
January 14, 2019 - Published by Toronto and Area Chapter - Author(s): Ryan Griffiths
Leveraging Your Existing Budget
From the Winter 2018 issue of the CCI Toronto Condovoice Magazine.
Finances
March 20, 2018 - Published by Toronto and Area Chapter - Author(s): Allan Bishop
Financial Transparency and Building Trust with Owners
From the Spring 2018 issue of the CCI Toronto Condovoice Magazine.
Finances
January 19, 2018 - Published by Toronto and Area Chapter - Author(s): Ken Dearlove
To Inflate, or Not to Inflate?
From the Winter 2017 issue of the CCI Toronto Condovoice Magazine.
Finances
January 19, 2018 - Published by Toronto and Area Chapter - Author(s): Edmund Leong
Warning Signs - Condominium Audited Financial Statements
From the Winter 2017 issue of the CCI Toronto Condovoice Magazine.
Finances
January 19, 2017 - Published by Toronto and Area Chapter - Author(s): Murray Johnson, Paul Pittana
What to Do When Shortfalls Occur
From the Winter 2016 issue of the CCI Toronto Condovoice Magazine.
Finances
January 19, 2017 - Published by Toronto and Area Chapter - Author(s): Edmund Leong
Document, Document, Document ...
From the Winter 2016 issue of the CCI Toronto Condovoice Magazine.
Finances
January 19, 2017 - Published by CCI National - Author(s): Murray Johnson, Paul Pittana
What to Do When Shortfalls Occur
From the article entitled "What to Do When Shortfalls Occur" by "Murray Johnson, Paul Pittana", published in the Winter 2016 issue of the CCI Toronto Condovoice Magazine.
Finances
October 19, 2016 - Published by Toronto and Area Chapter - Author(s): Rainer Vietze
Understanding the "Ins and Outs" of ITCs
From the Fall 2016 issue of the CCI Toronto Condovoice Magazine.
Finances
July 19, 2016 - Published by Toronto and Area Chapter - Author(s): Tina Flinders
Directors' Best Practices in the Collection Process
From the Summer 2016 issue of the CCI Toronto Condovoice Magazine.
Finances
July 19, 2016 - Published by Toronto and Area Chapter - Author(s): Tina Flinders
Directors' Best Practices in the Collection Process
From the article entitled "Directors' Best Practices in the Collection Process" by "Tina Flinders", published in the Summer 2016 issue of the CCI Toronto Condovoice Magazine.
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