Ontario condo rules taking effect this fall
Protections for condo owners and rules for managers and directors in Ontario are taking effect this fall. Government and Consumer Services Minister Tracy MacCharles noted more than one in 10 people in the province live in a condo. Starting this fall, new rules will make it easier for condo owners to participate in owners’ meetings and will make it easier for them to access records. Directors will have to disclose whether they are owners or occupiers of units in the building or if they have interests in contracts involving the corporation.