Notice of Fees
Consistent with the provisions of Schedule G “Fee Setting Process and Criteria” of the Administrative Agreement, the Condominium Management Regulatory Authority of Ontario (CMRAO) hereby gives notice of an increase to its licensing fees by 4%. The proposed increase has been approved by the Board of Directors and is scheduled to come into effect March 1, 2023.
One of the objectives of the fee-setting process is for the CMRAO to achieve full recovery of all service delivery costs consistent with the ongoing viability of the CMRAO as a not-for-profit corporation. In March 2019, the CMRAO reduced its licence fees by 6.7%. The licensing fees have not changed since.
In proposing the current fee increase the CMRAO considered the following objectives:
- To ensure the CMRAO has adequate resources to comply with the provisions of the Administrative Agreement and the Condominium Management Services Act, 2015
- To achieve full recovery of all delivery costs, consistent with the ongoing viability of the CMRAO as a not-for-profit corporation and at the same time provide service delivery value for stakeholders
- To ensure that consideration is given to the impact of the fee change on condominium managers, management service provider businesses, condominium corporations, and consumers
The following fees will apply to all licences issued in relation to applications received on or after March 1, 2023:
|Type of Licence||Current Fee (until February 28, 2023)||Revised Fee (starting March 1, 2023)|
|Condominium Management Provider Licence||$799 + $327 Per Manager||$799 + $340 Per Manager|
Frequently Asked Questions
Do licence fee changes impact the licence application fees?
No, the licence application fee remains $150 for all new applications.
Do licence fee changes impact the cost of education?
No, the cost for the Excellence in Condominium Management course remains $150. Other educational offerings delivered by external organizations, such as courses and exams offered through Humber College, are not impacted by changes to the licence fees. Regulatory exam fees also are not impacted.
Will the CMRAO continue to pro-rate licence fees for new licences?
Yes, fees for new licence applicants will continue be pro-rated based on the date the licence application is approved. The prorating of licence fees will only apply to new applicants.