Saskatchewan Condominium Invests in Bitcoin

I’ve recently learned that a condominium corporation in Saskatchewan has invested some of the corporation’s funds in the cryptocurrency known as Bitcoin. The corporation purchased 0.4 bitcoin at a price of $25,000, and according to media on the story, it intends to make continuing monthly investments. In Alberta, such investments are regulated by the provisions […] Read More
April 16, 2021

Condo Update: Electronic Meetings Now Authorized

Bill 53, Service Alberta Statutes (Virtual Meetings) Amendment Act, 2021, is now in force. Section 5, relating to the Red Tape Reduction Implementation Act, 2020 came into force today by Royal Assent on March 26, 2021. The remainder of the Act (including those provisions that amended the Condominium Property Act) was declared to come into […] Read More
March 26, 2021

Coming Soon? Virtual Meetings for Condominiums

I was recently pleased to learn about the tabling of Bill 53 – Service Alberta Statutes (Virtual Meeting) Amendment Act. The Bill is scheduled for a continuation of Second Reading and debate during today’s legislative session. If passed, the Condominium Property Act, RSA 2000 c C-22 (the “Act”) would be amended so as to expressly permit condominiums […] Read More
March 18, 2021

Understanding Board Member Duties: When Condo Boards Fail

Boards of directors for condominium corporations are typically comprised of volunteers. Depending on the eligibility requirements in the corporation’s bylaws, these are more often than not members of the corporation, that is, unit owners. For residential condominiums, this means that the directors are also often lay people, with no particular specialized skills or professional knowledge. […] Read More
February 26, 2021

Condo Corporations Now Permitted to Access Reserve Funds in “Emergencies”

In a significant move for Alberta condominiums, on June 1, 2020 the Lieutenant-Governor of Alberta, the Honourable Lois Mitchell, approved an Order in Council to amend the Condominium Property Regulation, AR 168/2000. Among other slight changes to document retention periods, the amendments notably give condominium corporations the ability to temporarily remove funds from their capital […] Read More
June 2, 2020

Suspended: Condo Time Frames and Rights of Entry

Condominium corporations face particularly unique challenges due to the effects of COVID-19 restrictions on public gatherings, among other things. In response to these public health restrictions, the Minister of Service Alberta, the Honourable Nate Glubish, issued a Ministerial Order on April 9, 2020 that temporarily suspends a host of time frames and other requirements under […] Read More
April 15, 2020

Tackling COVID-19 and Minimizing Risk: Considerations for Alberta Condominium Corporations

The ongoing COVID-19 pandemic has turned the world upside down and has changed the way that we go about our daily lives. Current public health recommendations include requirements for self-isolation, restrictions on gatherings, and physical distancing. In apartment-style condominium buildings, these recommendations are creating unique challenges and raising several issues that condominium corporations and boards […] Read More

Regulation of Short-Term Rentals Still To Be Decided

An update on the City of Edmonton’s attempts to better regulate Airbnb-style short-term rentals. This week, the Urban Planning Committee (UPC) met to revisit the issue of short-term rentals, and consider recommendations from City Administration on changes to the Bylaw. Of all the options considered, including development permit requirements, taxation/levies, affordable housing and tourism fees, […] Read More
February 28, 2020

Cutting the Red Tape: New Condo Regulations coming to Alberta January 1, 2020

On November 26, 2019, the Alberta Government released the long-awaited, newly-revised amendments to the Condominium Property Regulation, and proclaimed that certain sections of the Condominium Property Amendment Act, SA 2014, c. C-10 will also come into force on January 1, 2020. The majority of the revisions in this phase of the amendments addresses governance issues, […] Read More
December 20, 2019