The Ontario Government recognizes that the Condo Act must be updated to better address the needs of condo owners in Ontario. For the past 16 months there has been a detailed review of the Condo Act to identify what needs to be addressed and how.
Toronto is the fastest growing market in North America. There are over 1 million condo residents in Ontario, 600,000 condo units and 9,000 condo corporations.
“We need to get this right, so that we have
long-term solutions – not quick fixes”
The Honourable Tracy MacCharles,
Minister of Consumer Services
Rather than creating a new Condo Act by mandate, which is a top down and government driven approach, the Ontario Government established a process where the community tells them what they want.
This has been a comprehensive review involving the condo community.
Condo residents and others in the industry have worked with the Public Policy Forum as part of a public engagement process to determine how best to revise and modernize
the Act. The goal is to meet the needs of the condominium community for today and tomorrow.
Stage 1 involved approximately 1,000 participants and e-mails. Stage 2 involved more than 500 submissions and participants. This resulted in a Solutions Report with more than 200 recommendations and a Findings