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Ontario Passes Legislation to Protect Condo Owners

News Release

Ontario Passes Legislation to Protect Condo Owners

Province Supporting Stronger Condo Communities

Ministry of Government and Consumer Services

Today the Protecting Condominium Owners Act, 2015 passed third reading in the Ontario legislature.

The act will increase protections for condominium owners, improve how condo corporations are run and ensure that condo boards are governed professionally. Changes include:

  • Clearer, more comprehensive rules to prevent owners from being surprised by unexpected costs after purchasing a newly-built condo
  • A new Condominium Authority to provide quicker, lower-cost dispute resolution and help prevent common disputes
  • Strong financial management rules for condo corporations to help prevent financial and organizational mismanagement
  • Better governance requirements for condo boards, including training for condo directors
  • Mandatory licensing and education requirements for condominium managers

Ontario plans to move quickly to deliver upon the key commitments of this act. The province will continue to consult with members of the public and stakeholders to gather their expertise during the development of regulations and implementation of this important legislation.

Improving consumer protection for all Ontarians is part of the government's plan to build Ontario up. The four-part plan includes investing in people's talents and skills, making the largest investment in public infrastructure in Ontario's history, creating a dynamic and innovative environment where business thrives, and building a secure retirement savings plan

Quick Facts

  • 1.3 million Ontarians live in condos
  • More than 50 per cent of new homes being built in Ontario are condos
  • The government received about 200 recommendations for condominium law reforms through its public consultation process

Background Information

Additional Resources

Quotes

David Orazietti

“This is a significant milestone for Ontario -- we are setting a solid foundation on which to build stronger regulations that will improve how condo corporations are run and increase protections for condominium owners. This will ensure the sustainability of healthy condo communities across the province. I want to thank everyone who helped to drive this bill forward, which will benefit the 1.3 million Ontarians that live in condos.”

David Orazietti

Minister of Government and Consumer Services

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