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Update for Post-1991 ILM Co-ops in BC and Alberta
We are happy to share the news that CMHC has changed its position on surcharges for post-1991 ILM Co-ops in British Columbia and Alberta.
CMHC previously decided that co-ops in the program must continue to collect a surcharge if they have an operating agreement, even though their ILM mortgage has
Guide to Investment Policy for Housing Co-operatives
Model Investment Policy
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
Celebrating the Successful Roll-Out of the Rental Assistance Calculator
The Rental Assistance Program (FCHI-2) has been a lifesaver for co-op households of low and modest income. As the expiry of the legacy co-op housing programs came closer, about one third of co-op members faced the loss of a housing subsidy geared to their income—which would mean the loss of the co
Auditor’s Guide to the AIR
Social Assistance and How to Calculate Housing Charges
Tips for keeping your co-op cybersafe
As everything in our world becomes increasingly digital, and more business activities move online, the importance of thinking about cybersecurity grows.
And not just for big organizations. Even housing co-ops can be targets for cyber criminals.
Is this something you’ve talked about at your co-op?
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.