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"Less Red Tape, Stronger Economy Act" (Bill 91): What Does it Mean for Ontario Condos?
Author:
" MARK DIPINTO"
Publication date:
September 29, 2023
Article Summary:
Discusses the changes brought about by the "Less Red Tape, Stronger Economy Act" (Bill 91) to the Condominium Act, 1998 in Ontario, Canada. These changes allow condo corporations to send notices and other documents electronically without owner consent, hold virtual and hybrid owner meetings, collect votes through telephonic or electronic means, and more without the need for a by-law. These amendments replace the temporary virtual processes implemented due to the COVID-19 pandemic. The article explains how these changes will impact Ontario Condominium Corporations, including the allowance of virtual and hybrid owners' meetings, electronic voting, and virtual or hybrid directors' meetings. Condo corporations will also be able to communicate with owners electronically and only mail notices to those without email, provided it is not prevented by a by-law. The article clarifies that existing by-laws are still applicable unless repealed. Overall, these amendments provide more flexibility and efficiency for condo operations.
Keywords:
Less Red Tape, Stronger Economy Act, Bill 91, Condominium Act, Ontario, condo corporations, virtual meetings, hybrid meetings, electronic voting, directors' meetings, communication, by-laws.
Source Citation:
" MARK DIPINTO"
"Less Red Tape, Stronger Economy Act" (Bill 91): What Does it Mean for Ontario Condos?
September 29, 2023
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