2020 Utility Allowances
Date
24 April 2020
CMHC has provided the Agency with the 2020 utility allowances.
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Budget Well
To avoid running out of money, your co-op needs to adopt a well thought-out operating budget every year. Without one, you could find yourself facing a deficit, paying your bills late, cutting back on repairs to units and unable to update and replace worn-out building elements.
Begin the process by
Your Operating Agreement
Almost all housing co-operatives that have received assistance under federal programs in Canada have, or once had, an operating agreement with Canada Mortgage and Housing Corporation (CMHC). The CMHC agreements set out what each party is required to do during a term that varies from 30 to 50 years.
2019 Utility Allowances for BC
Date
3 April 2019
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for BC.
2019 Utility Allowances for Prince Edward Island
Date
3 April 2019
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for Prince Edward Island.
2019 Utility Allowances for Ontario
Date
3 April 2019
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for Ontario.
2019 Utility Allowances for Alberta
Date
3 April 2019
Canada Mortgage and Housing Corporation (CMHC) has provided the Agency with the 2019 utility allowances for Alberta.
Tip of the Month
Management Trend
The trend to hire management companies continues. 58% of co-ops hire management companies, compared to 28% that employ independent staff as their managers.