Partners in Your Success

 

Managing Your Business
 

Caring for your buildings
 

Protecting The Environment

Blueprint for Success

1
Set your charges to meet your costs
First, take note of all your expenses. Then set your charges high enough to meet them.
2
Fill your units
An empty unit is money gone forever. Here’s how to lose less to vacancies.
3
Collect what you’re owed
Members have to pay on time so the co-op can pay its bills on time.
4
Refresh, renew, replace
As your buildings age, they wear out. They’ll last longer if you give them the care they need.
5
Save for the future
Money you set aside now is money you won’t have to borrow later.
6
Insure your assets
Your property is the source of all your income. Keep it covered.
7
Enjoy your co-op
You deserve it.
 

Our Trending Rental Markets

Each year CMHC produces rental-market reports for many parts of Canada. These reports are an in-depth look at the trends Canadians can expect to see in rental housing. Because CMHC’s rental-market reports for January 2020 covered only major cities, we asked Will Dunning, an economist specializing in market analysis, to take a close look at provincial trends. Here’s what he told us.

Ontario

Ontar...

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Good Vacancy Loss

Some vacancy loss is by choice, because units are being refreshed for new members. So only a loss in name. Actually an investment.

Fill Your Units

Co-ops without Paid Managers

Since 2007, the percentage of co-ops without paid help has fallen by more than half to a mere 3% of Agency clients.  Another 12% just have a lonely bookkeeper.

Hire Good Help

Vacancy Loss

At last count, Agency clients together lost $3.2 million to vacancies. That's down 47% from 2008.The improvement speaks for itself.

Fill Your Units

Vacancy Costs

Half of Agency clients have an annual vacancy loss below $33 a unit. The lowest ever!

Fill Your Units

Risk Trend

89% of Agency clients have a Strengthening or Stable risk trend. Solid management? Better governance?

Managing Your Business

Plans in Action

The average co-op with an approved capital replacement plan tucks away more than $2,700 per unit in reserves each year--almost double the 2007 amount of $1,165. Future generations of co-op members thank you.

Plan for the Future

No Vacancy Loss

31% of Agency clients lost no money to vacancies last year.

Fill Your Units