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Auditor’s Guide to the AIR
What is Business Continuity Planning?
Business continuity planning is the process of developing strategies aimed at reducing the impact of a disruption to normal business operations. The goal of business continuity planning is to ensure that, even during a disruption, a co-operative’s business operations can continue at a reduced but
Q&A on the AIR for Auditors
2023 Changes to the Ontario Co-op Corporations Act: What You Need to Know
When the Co-op Corporations Act in Ontario was updated in 2023, a number of changes were made. Your co-op's by-laws need to reflect these changes. So, there’s work ahead for the board of directors, staff and members to align your own by-laws with the recently revised Act – if you haven’t already
Rental Assistance Program Manager Resources
Audit Fees on the Rise for Housing Co-ops
In recent years, with sustained high inflation affecting many goods and services, we looked at the audit fee data reported by housing co-ops in our portfolio.
Our analysis shows that audit fees are on the rise. Specifically, from 2022 to 2025, the average annual increase for housing co-op audit
Pre-audit AIR Checklist
Director Arrears - By-law Provisions (AB)
Director Arrears - Sample By-Law Provisions Respecting Director Arrears (ON)
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).