On May 27, 2015, Ontario's Minister of Government and
Consumer Services announced the introduction of the Protecting
Condominium Owners Act. The Act amends the Condominium Act,
the Ontario New Home Warranties Plan Act and introduces the
Condominium Management Services Act.
The new Act comes after a lengthy review process that generated
over 2,200 submissions and 200 recommendations. The new legislation
increases protections for condominium owners, changes how condo
corporations are run, and requires property managers to be
licensed.
If passed, the Act would establish a new Condominium Authority
to provide dispute-resolution services, and will change the current
dispute resolution provisions to require certain disputes be
resolved through it. The government intends to fund the new
Authority through a fee levied on every condominium unit in
Ontario, currently estimated at $1 per unit per month.
