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Leveraging Your Reserve Fund

Toronto Condo News
Publication date:
February 24, 2021
Article Summary: 

This blog discusses the importance of leveraging the reserve fund of a condominium corporation to maximize its benefits. It emphasizes the need for a strategic plan to guide the use of the reserve fund and ensure that it is used effectively to meet the corporation's long-term goals. The blog also provides examples of ways in which the reserve fund can be leveraged, such as investing in energy-efficient upgrades or using it to fund major repair or replacement projects. The importance of regular monitoring and reporting of reserve fund activities is also highlighted.


reserve fund, condominium corporation, strategic plan, long-term goals, energy-efficient upgrades, major repair or replacement projects, monitoring, reporting.

Source Citation: 
Toronto Condo News
Leveraging Your Reserve Fund
February 24, 2021
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