Emergency Order Provides Flexibility for AGMs During COVID-19
During these challenging times, the CMRAO has continued to receive and respond to a variety of questions from the condominium management sector regarding board meetings, annual general meetings (AGMs), requisitioned meetings, and use of common spaces.
On April 24, 2020, the Government of Ontario amended the emergency order (Schedule 4 of O. Reg. 107/20) to provide flexibility to corporations and businesses in response to COVID-19. The province-wide emergency order applies to condominium corporations and is retroactive to March 17, 2020, when the Declaration of Emergency first came into effect.
The emergency order was amended to:
- Permit corporations governed under the Co-operative Corporations Act (CCA) and the Condominium Act (Condo Act) to hold meetings virtually, notwithstanding current requirements or restrictions
- Extend the time period in which corporations governed under the CCA and Condo Act must hold annual meetings
- Address additional matters related to meetings for corporations under the Corporations Act (CA), Ontario Business Corporations Act (OBCA), Condominium Act, and CCA, such as the re-issuing of notices to hold a meeting virtually after a notice of meeting has already been sent, in certain circumstances, and, as applicable, the requirement to present financial statements at annual meetings within a specified period
It is a collective responsibility to ensure the health and safety of condominium communities. The COVID-19 situation is constantly evolving, and the CMRAO is here to provide support to condominium communities across the province through this crisis. For information, please contact us by email or phone for assistance during this time.