25% Reduction in CAO Fees to Continue Into 2021-22

The blog post discusses the continuation of a 25% reduction in fees for the Condominium Authority of Ontario (CAO) into the 2021-22 fiscal year. The reduction in fees was introduced in response to the COVID-19 pandemic and is intended to provide relief to condominium corporations and owners who may be experiencing financial hardship. The post provides information on the specific fees that are affected by the reduction and notes that the CAO will continue to monitor the situation and make adjustments as needed. The post also reminds condominium corporations and owners of the importance of meeting their obligations to the CAO to ensure the ongoing operation of the condominium industry in Ontario.