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Why Reserve Fund Studies Don’t Tell the Whole Story
Most condo board members understand the importance of a reserve fund study. After all, it’s one of the most important financial planning tools available to a condominium corporation. It helps boards understand future repair and replacement costs, establish reserve fund contribution levels, and prepare for major capital projects. But there’s a common misconception that once…
Read MoreThe Hidden Costs of Deferred Maintenance
Few condo boards intentionally decide to neglect their buildings. In most cases, deferred maintenance begins with good intentions. A project gets postponed to avoid a fee increase. A repair is pushed into next year’s budget. A component still appears to have some life left, so replacement is delayed. Individually, these decisions may seem reasonable. The…
Read MoreWhy Condo Owners Get Frustrated With Their Board
Most condo board members volunteer their time because they care about their community. They attend meetings, review budgets, oversee repairs, respond to issues, and make decisions that affect hundreds of residents and millions of dollars in assets. Yet despite those efforts, many boards find themselves facing criticism from owners. Complaints about condo boards are common…
Read MoreSpecial Assessment vs. Condo Fee Increases: Which Is Better for Your Condo Corporation?
Few decisions create more anxiety for condo boards than figuring out how to pay for major expenses. The situation is familiar. The reserve fund study has been updated. A major repair project is approaching. Costs are higher than anticipated. Or perhaps years of underfunding have finally caught up with the corporation. The board suddenly finds…
Read MoreUnderstand Your Condo Budget: A Guide for Board Members (No Accounting Background Required)
Serving on a condo board comes with a surprising responsibility that many volunteers don’t expect: You become responsible for overseeing a budget that may range anywhere from hundreds of thousands to several million dollars annually. Yet most board members aren’t accountants, financial analysts, or auditors. They’re owners who volunteered because they care about their building…
Read MoreCondo Management Communication Problems: Why So Many Boards Feel Left in the Dark
Condo management communication problems are becoming one of the biggest frustrations for condo boards across Ontario. Most board members understand that managing a condo corporation is complex. Costs increase, emergencies happen, projects evolve, and resident concerns never completely stop. What many boards don’t expect is feeling disconnected from important decisions happening within their own building.…
Read MoreThat’s Just the Cost.” What Condo Boards Should Ask Instead (And Why It Matters)
Constantly rising costs in Ontario is our reality now in Ontario. If you’re on a condo board, you’ve likely heard this at some point: “That’s just the cost.” It usually comes up when reviewing: Vendor quotes Budget increases Unexpected repairs Rising annual expenses And in many cases, it’s accepted — not because it’s convincing, but…
Read MoreAre You Overpaying? 7 Hidden Cost Centres in Condo Budgets Most Boards Never Question
If your condo fees have been increasing year after year, you’re probably asking: “Is this all unavoidable — or are we overpaying somewhere?” Most condo boards assume that rising costs are simply part of today’s reality — driven by inflation, insurance, and utilities. And while those are real factors, they don’t tell the whole story.…
Read MoreWhy Are Condo Maintenance Fees Increasing in Ontario? What Condo Boards Need to Know (2026 Guide)
If you’re on a condo board in Ontario, you’ve likely had this conversation more than once: “Why are our condo fees going up — again?” And just as often, the answer feels unclear. You may hear general explanations like “costs are rising” or “it’s happening everywhere.” While that’s partly true, it doesn’t give boards what…
Read MoreWhat Good Property Management Should Look Like in 2026 (And Why Many Boards Feel Let Down)
If you’re on a condo board in Ontario right now, you’ve likely felt it: Maintenance fees keep increasing. Decisions feel rushed. Issues seem to come up out of nowhere. And despite having a property management company in place, you’re still spending a lot of time reacting instead of leading. At some point, the question becomes…
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