Reforming Ontario’s Condo Law Toronto-Danforth’s View Crucial

“Our community in Toronto – Danforth is growing quickly and facing challenges. New development means condominium residents make up an increasing proportion of our community, and it’s vital that the voices of condo residents are heard at Queen’s Park.

 The province is currently seeking feedback on the first phase of an long overdue overhaul of condominium laws in Ontario—the first in over 16 years

 Some of the initial proposals include:

 Measures to improve condo board transparency and training

  • Mandatory updates for owners from boards about your corporation, including its finances
  • Clearer rules regarding records retention and access for owners

 I want to hear your ideas about how we can update condominium regulations, and better protect condo owners and residents.

 You can read the full details of the proposed regulatory changes at http://www.ontariocanada.com/registry/view.do?postingId=23688&language=en

 You can email me your thoughts and suggestions to tabunsp-co@ndp.on.ca