CCI Huronia Blog

August 2, 2023 - Blog Post Tag(s): be prepared || CCI Huronia || Condo Education || Condo Insurance || condominium budget || Condominium Education || Insurance Renewal || Liability Insurance for Condos
Author: Tricia Baratta, AJ Gallagher Insurance Brokers

Townhouse Condominium vs. Apartment Condominium Insurance Coverage: The same but different

A comparison of the insurance policies of an apartment-style condominium and that of a townhouse condominium community, you would see they are very much the same. You will have to take a closer look to see the differences between the policies and will find these on the declaration pages of …

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July 5, 2023 - Blog Post Tag(s): CCI Huronia || Condo Reserve Funds || Condominium Act || condominium budget || duties of condominium corporations || Reserve Fund
Author: Jon Juffs, McIntosh Perry

Differences Between High-Rise and Townhouse Reserve Fund Studies in Ontario

In Ontario, all condominium corporations are required to have a reserve fund, study, and plan.

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December 30, 2022 - Blog Post Tag(s): adapting to change || be prepared || Building Code || CCI Huronia || Climate Resilient Buildings || condo corporation policies || Condo Education || Condo Insurance || Condo Repair Costs || condominium budget || Emergency Preparedness || Financial Planning || Loss reduction incentives || Resilience || Think Outside the Box
Author: Mina Tesseris, Arbitech Inc.

Integrating Resilience into Condo Building Repair Projects

We hear the term “resilience” in our everyday lives more often now than ever.

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November 23, 2022 - Blog Post Tag(s): adapting to change || be prepared || CCI Huronia || condo corporation policies || Condo Education || condominium budget || condominium communities || duties of condominium corporations || fire code || fire safety compliance || fire safety in condos || fire safety plan
Author: Michele Farley, FCS Fire Consulting Services Ltd.

Condo Budgets and Fire Safety

Budgets varying depending on factors about your condominium, size, age and community. The fire code is applied in a similar way.

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November 23, 2022 - Blog Post Tag(s): adapting to change || be prepared || Cash Flow Issues || CCI Huronia || common elements || Communication with Condo Owners || condo corporation policies || Condo Education || Condo Fee Increases || Condo Reserve Funds || condominium budget || condominium communities || Condominium Education || Eliminating the fear of condo expense fees || Financial Planning
Author: Jon Juffs, McIntosh Perry

Condominium Operations

When it comes to condominium operations, there really are two financial areas to know about – and the more you know about them the less you will fear the changes that inevitably arise with them.

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November 14, 2022 - Blog Post Tag(s): CCI Huronia || Communication with Condo Owners || condo corporation policies || Condo Education || condominium budget || duties of condominium corporations || Financial Planning || Reserve Fund
Author: Ryan Griffiths, CWB Maxium

Borrowing

Borrowing is becoming more common for condominium corporations.

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November 14, 2022 - Blog Post Tag(s): Cash Flow Issues || CCI Huronia || condo corporation policies || Condo Education || condominium budget || duties of condominium corporations || Financial Planning || Reserve Fund
Author: Robert Weinberg, Percel Inc.

Condo Corporations and Borrowing Money

Why does it make sense for a condominium corporation to borrow money? There are many reasons, and a lot of it depends on the type of condominium you are and situation you are in.

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October 31, 2022 - Blog Post Tag(s): adapting to change || be prepared || CCI Huronia || common elements || condo corporation policies || Condo Education || condo owners meetings || condo repairs || condominium budget || duties of condominium corporations || Excellence in Condominium Management || Financial Planning || Special Assessments
Author: Jeff Struewing, Shore To Slope Management Services Inc.

Condo Boards and Special Assessments

Condominiums often struggle when faced with an unexpected major repair or replacement.

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October 31, 2022 - Blog Post Tag(s): adapting to change || be prepared || Cash Flow Issues || CCI Huronia || common elements || condo corporation policies || Condo Education || Condominium Act || condominium budget || Condominium Education || condominium owners || duties of condominium corporations || Excellence in Condominium Management || Reserve Fund || Special Assessments
Author: Patricia Elia, Elia Associates PC

Legal Impacts of Special Assessments

Special assessments, to be honest, can be scary. Why? Because it is a demand for cash that is not expected because it is over and above the budget requirements for cash.

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February 24, 2022 - Blog Post Tag(s): be prepared || Condo Education || condo repairs || condominium budget || Reserve Fund
Author: Jon Juffs, McIntosh Perry

Funds, Studies, and Plans – Oh My!

These are the fundamentals of common element replacement and major repairs – funds, studies, and plans.

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October 19, 2021 - Blog Post Tag(s): adapting to change || condominium budget || COVID-19 || snow removal || waste and recycling
Author: Jeff Struewing Property Manager - Shore to Slope Management Services Inc.

COVID-19 Impact on Condominiums

The Covid-19 pandemic has brought about many impacts on condominiums. While some are restrictions on amenities and day-to-day living, some impact the condominium budget and operations.

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