Deadline extended to May 12 – CAO’s Reserve Fund Survey for Condominium Corporations

The Condominium Authority of Ontario (CAO) has launched a reserve fund survey for condominium corporations in the province. The survey aims to gather information and insights on the current state of reserve funds in condominiums. It covers various aspects related to reserve fund planning, such as fund contributions, funding shortfalls, financial planning practices, and the use of professional advice. The survey will help the CAO gain a better understanding of the challenges and opportunities faced by condominium corporations in managing their reserve funds. The data collected will be used to develop resources and educational materials to support condominiums in effective reserve fund planning. Participating in the survey provides an opportunity for condominium corporations to contribute to the development of industry best practices and improve their reserve fund management strategies.