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Make Better Decisions for your Housing Co-op with Data-Driven Reports
Co-op members serving on the board of directors have a big responsibility. They’ve been entrusted to make decisions, but knowing how and why to make certain decisions isn’t always easy.
To make well-informed choices, it’s important to have all data and facts in front of you. And that same
The Tortoise Wins: The Agency’s 2023 Annual Report
For our 2023 Annual Report, the Agency is reflecting on its roots. Aesop’s fable, The Tortoise and the Hare, resonates for the Agency on many levels. His story is our story, as told in our 2023 Annual Report.
Like the tortoise, the Agency started slowly. The idea was not welcomed by a government
Highlights of CMHC’s National Housing Conference
In March 2024, Canada Mortgage and Housing Corporation hosted a national housing conference on the theme “Unlocking Solutions Together,” which was attended by housing professionals from across the country, including the Agency’s CEO, Olga Tasci. CMHC has recently released a report entitled What We
A New Look for Federations and Management Company Snapshot Reports
It’s not just our co-op clients who benefit from performance data from the Agency. We also like to share aggregated data with our stakeholders and earlier this fall, we released an updated version of our one page Snapshot Reports.
For management companies and co-op housing federations, these reports
A Membership that Truly Understands
We’ve learnt from your feedback that many co-ops are not sharing their Plain-Language Financials with their members. Because the Agency introduced this service to help members get a better grasp of their co-op’s statements, we asked why. The answers varied. Some boards just haven’t thought of it
Recouping your Loss from Fraud
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
Q&A on Risk Rating
Tip of the Month
Infectious Arrears
In co-ops where board members are behind on their housing charges, the amount all members owe is almost four times higher than in co-ops where board members pay on time. This number speaks for itself.