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.
 

New S61 Mortgage Prepayment Deadlines

For a limited time, S61 co-ops can apply to pay out their high-interest CMHC mortgages without penalty. To do so, they will have to qualify for a loan from the private market where they will enjoy the benefit of lower interest rates. (Loan applicants will be asked for a current Building Condition Assessment (BCA).) After payout, co-ops may find their mortgage payments have decreased, although this...

Read more

Clients and Units

On 1 January 2018, the Agency had 525 client co-ops with 30,820 units of housing.

About Us

Agency Clients

On 1 January 2018, the Agency had 11 clients in PEI, 261 in Ontario, 50 in Alberta and 203 in B.C. 

About Us

Vacancy Loss

At last count, Agency clients together lost $3.6 million to vacancies. Too much, but down 2% from a year earlier.

Fill Your Units

Vacancy Costs

The average co-op loses $132 a unit a year to empty units, down from $177 in 2007. Some of this loss is by choice, because units are being refreshed for new members.

Fill Your Units

Timely Clients

Only 52% of the Agency's co-op clients filed their 2006 AIR on time. Now, 79% file on time. 

About Us

Risk Trend

The risk trend of 88% of Agency clients is either Strengthening or Stable. Great work, co-operators!

Managing Your Business

Plans in Action

The average co-op with an approved capital plan is setting aside more than $2,800 per unit in reserves each year--more than double the 2007 amount of $1,186. We're so impressed that we're speechless!

Plan for the Future