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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
Curious about Energy Audits? Start here!
“People spend 80 - 90% of their time indoors - at work, school and home. An efficient building maintains moderate temperatures, low humidity and increased air quality. Plus energy efficient buildings use less energy and cost less to operate and produce fewer greenhouse gasses, which is good for you
Q&A on the AIR for Auditors
Ontario Gas Companies Offer Energy-Saving Programs
We may be in the depths of winter, but we can still save energy while staying warm. Enbridge Gas and Union Gas have announced several free Ontario-wide programs that will help qualified co-ops and their members save money and energy this winter.
Enbridge Gas
Enbridge Gas has a no-fuss application
National Housing Co-Investment Fund Criteria
In July 2018, we reported on CMHC’s National Housing Co-Investment Fund as an opportunity for Agency clients. Interest in this loan and grant program is growing; to date Canada Mortgage and Housing Corporation (CMHC) has received in excess of 200 applications since April. In response to feedback
Renovation Saves Energy: Shalom Community Housing Co-operative
Over the past 30 years, building standards and techniques have changed. So it’s not surprising that Shalom Community Housing Co-operative gained more than its members expected when it undertook major renovations.
Located in Kitchener, Ontario, Shalom is a 40-unit townhouse-style co-op arranged in
Pre-audit AIR Checklist
Your Co-op’s Heating and Ventilation System
Heating and ventilation are important in residential buildings, especially to co-ops with mid- to high-rise multi-unit residential buildings (MURBs). The mechanical-system equipment within a MURB plays a significant role in the building’s energy efficiency, resident comfort and utility costs.
One
Tip of the Month
Good Vacancy Loss
Some vacancy loss is by choice, because units are being refreshed for new members. So not a loss but an investment.