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2024 Utility Allowances for Ontario
Q&A on the AIR for Auditors
Q&A on Underfunded Reserves
Protect Your Assets
Your co-op has three main assets, although only one appears on the audited financial statements.
Your money and buildings
Protect your co-op‘s property by buying the right insurance in the right amounts. All housing co-ops need five kinds of insurance: property, loss of housing charges, public
Province of BC Provides $2 Million to Assist Low-Income Co-op Households
Up to 300 low-income co-op households will benefit from the BC government’s $2 million in assistance to make their homes more affordable. This funding will bridge the shortfall resulting from expired federal operating agreements.
The provincial funding is intended to support co-ops whose federal
Government of Canada Announces First Ever National Housing Strategy
The federal government has unveiled their National Housing Strategy. This document will set forth the next generation of social housing policy for Canada and builds on the investments that were contained in the 2017 federal budget. Specifically, the strategy announced detailed plans to protect long
Prepayment of Long Term Non Renewable Loans with CMHC
On June 11th, 2016, the Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC), announced that the Government is providing $150 million over four years to allow co-operatives and non-profit social
2018 Utility Allowances for Alberta
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2018 utility allowances for Alberta.
2018 Utility Allowances for BC
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2018 utility allowances for BC.
Tip of the Month
Capital Plans and Contributions
Comparing 2007 and 2020, we saw the median annual contributions per unit almost triple ($1,026 per unit to $3,052).