CONDOMINIUM LIVING AND REGULATORY OVERSIGHT – THE NUMBERS

The article titled "Condominium Living and Regulatory Oversight: The Numbers" examines the regulatory landscape and oversight of condominium living. It provides an overview of the number of condominium units and developments in Canada, highlighting the significant growth of the condominium sector in recent years. The article discusses the role of regulatory bodies and government agencies in overseeing condominiums, such as condominium acts, regulatory frameworks, and licensing requirements for property managers. It also explores the challenges and complexities faced by regulators in ensuring compliance and addressing issues related to governance, financial management, reserve funds, and dispute resolution in condominium communities. The article emphasizes the need for effective regulatory oversight to protect the rights and interests of condominium owners and to promote transparency, accountability, and good governance within the sector.