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Director Arrears - Stand-Alone By-law (Ontario)
Q&A on the AIR for Co-operatives
Year-End Filings Coming Due? Things to Remember
Getting your year-end filings done on time is good for everyone! You’ll fulfill your co-op’s legal obligation and get your Agency performance reports that much sooner. Also, Agency staff would rather do other things than hound you for documents.
Here are a few helpful reminders for you when your
New Good Practices Video on Filing Your AIR
Every year, Agency clients ask their auditor to web-file their Annual Information Return (AIR) to fulfill their annual filing obligation under their CMHC agreement four months after the end of their fiscal year. The annual filing also includes your co-op’s audited financial statements, signed board
Tip of the Month
Capital Reserve Balance
61% of Agency clients hold a capital reserve balance of at least $6,000 per unit. By almost doubling the amount from 2007, co-ops are nearly twice as ready to meet their future needs.