Quick Facts

Clients and Units

At the end of 2016, the Agency had 523 client co-ops with 31,563 units of housing.

Agency Clients

On 1 January 2017, the Agency had 10 clients in PEI, 264 in Ontario, 49 in Alberta and 209 in B.C. 

Vacancy Loss

In 2016, Agency clients' loss to vacancies totalled almost $3.7 million--$7,144 per co-op. Plug that leak!

Vacancy Costs

In 2016, vacancy loss cost the average co-op unit $129; in 2007, $177.

Timely Clients

For 2006, our first year, only 52% of the Agency's co-op clients filed their AIR on time. Now, 86% file on time

Risk Trend

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

Plans in Action

Co-ops with an approved capital plan set aside a median of $2,203 per unit in 2016--an increase of 86% from 2007 ($1,186).

No Vacancy Loss

In 2016, one quarter of Agency clients reported no vacancy loss at all.

Management Type

Today the trend in co-op management is toward management companies. Employee staffing is down by five percentage points since 2014. In 2017, volunteer-only co-ops make up half the share of our clients (4%) that they did in 2007.

Infectious Arrears

Co-ops with directors in arrears report more than three times the median per unit arrears. Co-ops without directors in arrears: median of $43. Co-ops with directors in arrears: median of $142. Something in the water?

High-Risk Clients

In 2016, we rated 46% of Agency clients at High or Above-Average risk. In 2007, 61%. 

Falling Risk

Since the Agency started, the number of co-ops risk rated Low has more than quadrupled. And counting…

Directors in Arrears

In 2016, only 64 co-ops reported directors with arrears, down from 140 in 2007. Still too many, but much better!

Client Compliance

In 2016,  85% of Agency clients fully complied with their CMHC operating agreement. In 2008, 70%. Better grasp of the rules or better-run co-ops? You decide.

Capital Reserve Contribution

Capital replacement-reserve contributions have increased since 2007 for 81% of the Agency's co-op clients. They have more than doubled per-unit for 51% of clients. For 38%, they're up per unit by more than $1,000.