Potential Permanent Changes to Enable Digital and Virtual Processes under the Condominium Act, 1998
As you know, the Legislature passed the COVID-19 Response and Reforms to Modernize Ontario Act, 2020 which, among other things, made temporary legislative amendments to the Condominium Act, 1998 related to virtual meetings and the deferral of annual meetings in some circumstances in response to the COVID-19 pandemic. These temporary legislative amendments were further extended by regulation to permit corporations to call and hold meetings as applicable through electronic and telephonic means, notwithstanding certain requirements until May 31, 2021.
The Ministry is now seeking your input on whether further temporary or permanent amendments are required under the Condominium Act, 1998 in relation to virtual processes, as corporations adapt to new ways of doing business that are more digital/virtual allowing for broader participation. The Ministry has developed a Condominium Act, 1998 Feedback Form that consists of targeted questions intended to guide participants feedback regarding (1) virtual meetings, (2) electronic delivery of notices and documents, and (3) storage/examination of records through electronic means.
The Feedback Form is now posted on Ontario's Regulatory Registry for public comment. If you wish to participate, we encourage you to provide feedback on these topics at the following link by 5 p.m. on February 8th, 2021.