How Condos Are Run

Each condo owner is a member of a condo corporation. The condominium corporation is responsible for managing certain elements of a condominium, such as property, finances, corporation records and reserve fund studies.

Recent Changes

Currently, there are no minimum requirements for setting up a condo management firm or working as a condo manager in Ontario. According to the Ontario government, the recent review of the Condominium Act, 1998 found that while most condo managers and management firms are competent, fair and honest, this is unfortunately not always the case.