GST/HST Rebates: Is Your Housing Co-op at Risk of Losing Them?
The Co-operative Housing Federation of Canada (CHF Canada)’s new bulletin helps federal co-ops determine future eligibility and access to GST/HST Rebates after operating agreements end.
The Co-operative Housing Federation of Canada (CHF Canada)’s new bulletin helps federal co-ops determine future eligibility and access to GST/HST Rebates after operating agreements end.
The Agency has discovered that some housing co-operatives victimized by fraud are unable to collect on their insurance because they miss the deadline for reporting their loss. Others don't try to make a claim out of the mistaken belief that a claim won't succeed without a criminal conviction.
Our
We’ve seen great strides made over the years in the number of Agency clients that send us their annual filings on time. Recently, we recognized thirty-six co-ops—about seven per cent of our clients—for 10 years of on-time filing. Like all of our clients, these co-ops have their auditor file an
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for BC.
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for Prince Edward Island.
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for Ontario.
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for Alberta.
The trend to hire management companies continues. 58% of co-ops hire management companies, compared to 28% that employ independent staff as their managers.