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If Your Co-op is in Poor Shape, How Will You Know?
The sun is setting on your co-op’s CMHC operating agreement. Did you know that, soon after, your co‑op will no longer receive the Agency’s reports on your co-op’s health? Many Agency clients rely on our suite of reports—the Risk Report, Plain-Language Financials and Performance—to make informed
Chadwick Towers Prepays its Mortgage
In 2018 CMHC made an offer to a particular group of clients, which the Agency encouraged them to accept. For a limited time, S61 co-ops locked into a high interest rate could prepay their mortgages without the usual penalty. (Unfortunately, the opportunity is no longer available.) Chadwick Towers, a
All in This Together at Abiwin Co-operative
As the pandemic moved into high gear in Canada, businesses were closing and employees were sent home; a new normal was taking hold. It quickly became clear to the staff and members of the Abiwin Co-operative that they should support each other during this difficult time.
Abiwin is home to members
Capital Replacement Plans and Asset Management Plans Q&A
Performance Report Q&A
Co-ops’ contribute to the UN’s Sustainable Development Goals (SDGs)
It’s no surprise that co-operatives are a natural fit for sustainable development, and a major contributor to it. After all, co-ops are active in many different global industries, including finance, housing, agriculture and energy, to name a few. Governed by seven guiding principles, co-operatives
Tweet, tweet! Here we come!
For a Greener Planet
Is your co-op planning a small, sustainable project to save money and help the environment? The Co‑operative Housing Federation of Canada’s Greener Co-op Migrogrants program provides co-ops with grants of up to $4,000 for environmental projects. Simple changes can often have a great impact in
Tip of the Month
No Vacancy Loss
28% of Agency clients lost no money to vacancies last year. Good, if this means members chose to stay in their units. Bad, if new members moved into units that hadn’t been refreshed.