On­tario condo rules tak­ing ef­fect this fall

The Hamilton Spectator - - CANADA & WORLD -

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.

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