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AdministratorNovember 17, 2022 at 10:50 am
Condo fees are being impacted by inflation in energy costs and replacement costs. Those are societal issues as much as condo issues.
Another factor: insurance. Many condos do not complete preventative maintenance when they should. Sometimes this leads to extra costs to owners.
For our part, COF is working hard to ensure that the Government of Alberta energy rebates apply to condo owners. Initially, many may not qualify for electrical rebates and, even more, may not be eligible for natural gas rebates.
Condo owners need to be treated the same as other property owners.