The Blog

Depreciation Report: How To Use It

    So, you’ve received your most recent depreciation report. Now what do you do with it? While it’s obvious to use the depreciation report for planning your strata fees and preparing to save for your reserve fund, the report is a..

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    Critical Emergency Preparedness Tips

      Normac recently sponsored a Strata Educational Seminar hosted by CCI Vancouver about Disaster Planning and Emergency Preparedness. The seminar was presented by Jackie Koosterboer, author of My Earthquake Preparedness Guide and an Emergency Planner at the City of Vancouver. According..

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      Age Restrictions in Alberta Condominiums

        In January 2017, an amendment to Bill 23, the Alberta Human Rights Amendment Act, was put forward that would add age as a prohibited ground of discrimination under sections 4 and 5. Age is currently a prohibited ground of discrimination..

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        Condo Board Governance

          The Ontario Ministry of Governments and Consumer Services is currently implementing changes to the governance of condo boards in Ontario. These changes come after a string of legal problems were uncovered earlier this year. Three men are being accused of..

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          Carbon Monoxide Detectors Now Mandatory

            Earlier this year, the City of Vancouver updated its bylaws to make carbon monoxide detectors mandatory for all buildings with gas-fueled appliances or attached garages. This comes after 4 people died from carbon monoxide (CO) poisoning in March and a..

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            Construction Costs Increase Due To BC Fires

              British Columbia is a leader in providing quality wood exports to destinations around the world. In 2013, BC exported $5.8 billion worth of softwood lumber, pulp and other products with the US and China accounting for 75% of the export...

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              REIC Depreciation Reports Survey

                The Real Estate Institute of Canada – Greater Vancouver Chapter, recently released an independent study by the Crux Group.  The survey’s intent was to find out how many strata corporations in British Columbia have completed Depreciation Reports and to highlight..

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                Alberta to Adopt Builder Licensing Program

                  There is a new bill tabled for discussion in Alberta to further protect new home owners under the New Home Buyer Protection Act. The Amendment to the Act introduced in 2014, which covered building warranties, calls for the implementation of..

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                  Dangerously Old Elevators

                    A while back, we published this blog about old elevators in major Canadian cities leading to unanticipated repair and replacement costs for strata corporations. The causes are multi-fold; with so many elevators reaching the end of their life, and an increase..

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                    Normac – Active in our Community

                      This week has been a busy one for the Marketing team here at Normac. We are proud to have been a platinum sponsor at the IREM Golf Tournament on Tuesday May 16th and the event sponsor for PAMA’s Education Seminar..

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