The Government of Ontario is changing the way condo owners operate in order to protect tenants.
The province announced on Tuesday that it will be moving forward with new protections for condo communities that will take effect this fall.
Among the changes, condo corporations will need to regularly update and improve communication between boards and owners, as well, mandatory training for condo directors will be required.
“Addressing the growing needs of condo communities across the province and supporting long-term sustainability of condo living is key to our government’s mandate,” said Tracy MacCharles, Minister of Government and Consumer Services, in a statement. “Creating new consumer protections will help to build more sustainable condo communities so residents moving into condos today and in the future will be able to look forward to healthy condo communities and peace of mind in the place they call home.”
The government will also designate two new administrative authorities:
There are about 1.6 million people living in condos across Ontario. After a public consultation process, the province received approximately 200 recommendations for condo law reforms, resulting in today’s announcement.