Category: Governance

Alberta Condominium Property Act 101

Alberta Condominium Property Act 101

If you’re keen enough on condos to be sitting here reading this blog, you’ve at least heard of the Alberta Condo Act – but do you know what sorts of details and information are actually in the act? Like, know what’s in there? Without looking it up? If you’re on the up-and-up when it comes […]

Embracing Regulation in Calgary Real Estate Updates and Property Landscape Changes

Embracing Regulation in Calgary Real Estate Updates and Property Landscape Changes

Staying abreast of regulatory changes is crucial in the dynamic landscape of property management and short-term rentals. The City of Calgary, recognizing the burgeoning short-term rental market, has introduced pivotal amendments to its “Business License Bylaw,” explicitly targeting rentals within condominiums.  These changes, set to take effect on January 1, 2024, signify a notable shift […]

The Business of Condo Corporations

The Business of Condo Corporations

Condo corporations play a pivotal role in creating and fostering a thriving condo community. Unit owners often wonder how closely their corporation should align its management tactics with tried-and-true professional enterprise practices   In other words: are condominium corporations like businesses? And, beyond that, does it make sense to treat them as such?    That […]

Keeping Your Condo Board Above Board

Keeping Your Condo Board Above Board

Condo board ethics play a significant role, as condo boards hold a lot of power when it comes right down to it. After all, they set the tone for the condo community – steering its course, plotting its priorities, and ultimately shaping its direction in the months and years to come.  With that much weight and […]

The New Alberta Condo Act

The New Alberta Condo Act

People often joke these days about how “time is a flat circle,” but sometimes, that sentiment can feel truer to life than not – like when we heard that there was another Condominium Property Amendment Act in the works, just two years after the last one had passed, reminding us how dynamic Alberta condo law […]

Peace of Mind with New Home Warranties

Peace of Mind with New Home Warranties

There’s a lot to keep in mind when buying a new home. It’s at once both an incredibly exciting and incredibly stressful experience. There’s so much to think about, from the minutiae of the sale to the logistics of the move to all the financial hoops that need to be jumped through – it’s enough to […]

Is Your Board Onboard with the Alberta Condo Property Act?

Is Your Board Onboard with the Alberta Condo Property Act?

It’s here. It’s here. It’s FINALLY HERE. The Alberta Condominium Property Act has, after more than five long years, finally been passed into legislation, coming into effect on January 1, 2020. What a journey it took to get here! For those who haven’t been following along (and for those who have, but whose memories simply […]

Pushing “Pause” on Alberta’s CPA Amendments

Pushing “Pause” on Alberta’s CPA Amendments

It’s been just over a month since the long-awaited amendments to the Alberta Condominium Property Act (CPA) came into effect on July 1, so we thought this would be the perfect opportunity to take a bit of a look back on the changes that took place, how they’re being received, and if –

A Long Time Coming: Alberta CPA Changes are Here

A Long Time Coming: Alberta CPA Changes are Here

If you’ve been following this blog for any amount of time, you’ll know that we’ve been talking about amendments to the Alberta Condominium Property Act (or CPA) for a long, long while now. It might be hard to believe, but for as long as we’ve been chatting about these changes, the government’s been discussing them

Income Tax Updates: How New CRA Changes Affect You

Income Tax Updates: How New CRA Changes Affect You

Income tax rules have undergone VERY IMPORTANT CRA changes implemented by CRA effective October 3rd, 2016 say that if you sell your primary residence it MUST be reported on your 2016 tax return (hefty penalties apply if you don’t report it). See below. Please feel free to give us