top of page
< Back

Save this article  > 

Condo Case - Investing the Reserve Fund

Walter Wakula
Publication date:
May 1, 2023
Article Summary: 

The Spring 2023 issue of CCI South Alberta CCI Review discusses the importance of properly investing the capital property reserve fund in condominium corporations. With over 20 percent of condo fees flowing into the reserve fund and rising inflation leading to higher interest rates, investing the money becomes crucial to keep up with repair and replacement costs. The Condominium Property Act (CPA) restricts the types of investments that condo boards can make to avoid risky investments. The CPA provides a list of authorized investments, but many condo owners further restrict the list in their bylaws for a conservative approach. The article emphasizes the need for an investment policy and strategy, prioritizing security of capital and liquidity over high returns. Part 2 will cover investment strategies and practical implementation of the investment policy.


CCI South Alberta CCI Review, reserve fund, capital property reserve fund, condo fees, interest rates, inflation, investment, Condominium Property Act (CPA), authorized investments, investment policy, security of capital, liquidity, investment strategy, implementation.

Source Citation: 
Walter Wakula
Condo Case - Investing the Reserve Fund
May 1, 2023
Did you find this article useful? 
Your feedback is important not only to us, but to all the other key players in the condo industry.  Help us by letting us know if this article is relevant and useful.  This will help us prioritize articles that provide helpful guidance to other key players like you. 

Please login to use this feature.

bottom of page