Showing Articles from Issue 'Vol. 10, Issue 2, April 2023'
The Advantages Of Condominium Living
By A.I. | Other articles by A.I.
Condominium living has become increasingly popular in recent years, as more and more people are drawn to its many advantages. From the convenience of a smaller space to the affordability of shared amenities, there’s no denying that condominiums offer an attractive option for those looking for an urban living experience. In this article, we’ll explore the main advantages of condominium living and why it might be the perfect option for you. We’ll look at everything from the financial benefits to the lifestyle perks and more. So if you’re considering making a move to a condo, read on to learn all about the advantages that come with it.
President's Report - Spring 2023
By John Popowich | Other articles by John Popowich
With winter finally fading away and summer on the horizon, it’s time to look back at our accomplishments and forward to what will be happening over the coming months with the Canadian Condominium Institute.
Suggestions to Improve the MB Condo Act - Spring 2023
By Alan Forbes | Other articles by Alan Forbes
We are continuing to receive suggestions to improve the Provincial condo act (The Act) https://web2.gov.mb.ca/laws/statutes/2011/c03011e.php and the associated regulations https://web2.gov.mb.ca/laws/regs/current/164.14.pdf. pdf and we thank you wholeheartedly for your efforts.
Why Should A Condo Corporation Join CCI?
By Duane Rohne | Other articles by Duane Rohne
We get asked this a lot. Quite often the question is posed to us as “If our Property Manager is already a CCI member, why should we have to join?"
BFL Insurance Market Insights 2023
By Seth Henoch | Other articles by Seth Henoch
In this Market Insights bulletin, we consider a hot topic affecting all Canadians — inflation. We will look at how inflation relates to the increase in insurable values and how it can also influence the performance of the insurance industry.
Improve the Energy Efficiency Of Your Condominium
By Denise Turanli | Other articles by Denise Turanli
Energy efficiency upgrades in condominiums not only increase the comfort level for condo owners, but also help them save money and the environment.
Efficiency Manitoba is a Crown corporation that helps Manitobans save energy, money, and the environment by offering programs and incentives for energy efficiency upgrades. They offer a number of programs to property managers, owners, and condo boards that can help reduce energy bills in condominiums. These include their In-Suite Energy Efficiency Program and their In-Suite Appliance Program.
Preventing Title And Mortgage Fraud
By Ellad Gersh | Other articles by Ellad Gersh
As real estate values have skyrocketed in the past five years, especially in Canada’s major cities, so too have cases of mortgage fraud. In fact, mortgage fraud has recently gained national media exposure from a series of news reports by the CBC. Picture this scenario: you have just returned to your Toronto condo after a lengthy sabbatical only to discover that your key doesn’t fit in your front door. You are then met by complete strangers, who believe themselves to be the rightful owner of your condo and have the legal documentation to prove it.
Fidelity Insurance For Condo Corporations
By Duane Rohne, Seth Henoch | Other articles by Duane Rohne, Seth Henoch
If you are a Condominium Corporation (CC) Board member or CC unit owner you may find yourself asking: What is Fidelity Insurance and why should my Condominium Corporation consider Fidelity Insurance?
Fake News Is Real
By Alan Forbes | Other articles by Alan Forbes
Artificial Intelligence (AI) has been repeatedly in the news lately. Speaking of which, what did you think of the prior article, The Advantages of Condominium Living?
CCI Presidents Forum
By Maureen Hancharyk | Other articles by Maureen Hancharyk
The presidents' forum historically had been scheduled twice every year. After a very long absence due to the pandemic, we were able to schedule this in-person event on April 11, 2023.
The Reiss Report:Condo Real Estate Blog - Spring 2023
By Alan Reiss | Other articles by Alan Reiss
For the first time we have had two consecutive sales years in which the condo market activity within the Winnipeg Regional Real Estate Board (WRREB) market region exceeded the 2,000 unit threshold. It should not be all that surprising that we are unlikely to see a repeat performance in 2023, given the interest rate environment we are in. Consider the effect of the eight Bank of Canada interest rate increases in 2022, followed by another one this year, resulting in the overnight lending rate of 4.5%. Other factors have contributed to the sentiment that we are unlikely to repeat the performance of the past two years.
Enhancing Communication In Condominium Communities
By Ryan Grossman | Other articles by Ryan Grossman
A TECHNOLOGICAL APPROACH FOR BOARD MEMBERS AND PROPERTY MANAGERS
In a condominium community, effective communication is crucial for fostering a positive living environment and maintaining efficient operations. As board members and property managers, you have a greater responsibility to ensure that communication between all parties, including residents, remains open, transparent, and efficient.With advances in technology, new tools have emerged that can help enhance communication between board members, property managers, and residents. This article highlights the importance of communication within condominium communities and explores ways technology can be leveraged to streamline this essential process.
Condo Conversation Corner - Spring 2023
By Alan Forbes | Other articles by Alan Forbes
A View & A Voice
The conversation seems to be muted lately with no new submissions since the prior edition of the Condominium News and Views. That said, two items from the prior edition, Mandatory Director Training and Benchmarking Data have updates. For the prior article https://cci-manitoba.ca/cci-manitoba-magazine/article/95.
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