Whether it improves the sustainability of your condo operations, reduces waste, increases energy efficiency, reduces water consumption or just beautifies the environment surrounding your property, we’d like to hear from you - just send us an email with a subject line of “CCI Green Condo Page”. We hope to hear from you soon. Please send any comments or suggestions to cci.mb.news@gmail.com.

While we didn’t receive any new submissions from our members in the past few months, we did come across some recommendations from a report from the Canadian Institute of Actuaries that looked at reserve funds and reserve fund studies across all Provinces and Territories. The Executive Summary on pages 4-5 of the report are recommended reading for all condo unit owners and especially for their directors. What follows is a review of the report and some of the highlights.

The old adage “an ounce of prevention is worth a pound of cure” is applicable to the insurance market. If you want to reduce the pressure on ever-increasing insurance premiums, look for ways to prevent having to make claims and look to mitigate the various risks to persons and property. Consider putting together a risk mitigation plan for your condo corporation and show it to your insurance broker and ask for their feedback. They will be happy to help you because lowering your claims risk is a win-win situation for both parties.

So you joined the Board of your Condominium Corporation (CC) and ended up as Treasurer even though you are not an accountant. Do you sometimes feel lost, overwhelmed, or unsure how to provide value to your CC and the owners? Here are some lessons learned from someone in the same situation.³

Here are some new items and others concerning previous newsletter articles, Lunch-n-Learns, webinars and Conversations in previous Newsletter editions. If you want to contribute to the discussion, you can make a submission to cci-manitoba.ca/resources/condo-conversation-corner.

Disclaimer

CCI Manitoba is unable to provide specific legal advice. We recommend that you speak to a lawyer regarding the challenges or problems you may be experiencing. For your information, a list of lawyers who are Professional Members of the Manitoba Chapter of the Canadian Condominium.

We encourage you to submit suggestions for improving the Provincial Condo Act to us. We have started posting these ‘suggestions for improvement’ in our quarterly Condominium News and Views.

Whether it improves the sustainability of your condo operations, reduces waste, increases energy efficiency, reduces water consumption or just beautifies the environment surrounding your property, we’d like to hear from you - just send us an email with a subject line of “CCI Green Condo Page”. We hope to hear from you soon. Please send any comments or suggestions to cci.mb.news@gmail.com.

Whether it improves the sustainability of your condo operations, reduces waste, increases energy efficiency, reduces water consumption or just beautifies the environment surrounding your property, we’d like to hear from you - just send us an email with a subject line of “CCI Green Condo Page”. We hope to hear from you soon.

This is hopefully going to be a recurring feature in our quarterly newsletter, with wide ranging topics all related to the environment. Whether it improves the sustainability of your condo operations, reduces waste, increases energy efficiency, reduces water consumption or just beautifies the environment surrounding your property, we’d like to hear from you - just send us an email with a subject line of “CCI Green Condo Page”. We hope to hear from you soon.

This is hopefully going to be a recurring feature in our quarterly newsletter, with wide ranging topics all related to the environment. Whether it improves the sustainability of your condo operations, reduces waste, increases energy efficiency, reduces water consumption or just beautifies the environment surrounding your property, we’d like to hear from you - just send us an email with a subject line of “CCI Green Condo Page”. We hope to hear from you soon.