Search
GST/HST Rebates: Is Your Housing Co-op at Risk of Losing Them?
The Co-operative Housing Federation of Canada (CHF Canada)’s new bulletin helps federal co-ops determine future eligibility and access to GST/HST Rebates after operating agreements end.
Coverage for Loss of Housing Charges
Being under-insured puts a co-op at risk. Insurance protects against a misfortune that strikes without warning. In a housing co-op anything can happen, from a fire - several major fires have occurred over the past few years - to a staff person or president gone missing, along with the entire capital
Q&A on the Annual Health Check
Your Insurance and Legal Grow Ops
Under new federal rules introduced in August 2016, landlords have little recourse if a tenant is growing licenced medical marijuana in their unit. There’s a risk, though, that insurance policies will not cover damages from any activities deemed ‘high risk’, and, in most cases, the operation of a
Information Worth Paying For
By this time, all Agency clients know that we encourage you to invest in—or update—a building condition assessment (BCA). If you are refinancing, your co-op will also need environmental testing and an appraisal from a firm acceptable to the lender you are approaching. What you may not know is that
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 the AIR for Auditors
Q&A on Net Operating Revenue
Training Sessions: CMHC's Rent Supplement Program
We invite all site staff, managers, and federation staff to attend one of two in-person training sessions or a webinar on Canada Mortgage and Housing Corporation (CMHC)'s rent supplement program. During these sessions, we will review some terms of the 2017 rent supplement agreement and answer your
Tip of the Month
Arrears Cost
Half the Agency's clients have member arrears and bad debts below $44 a unit, and half above. In 2007, the midpoint was $86. Great news in a challenging year.