(Originally posted in the Fall 2014 edition of WB Condo Connection, Volume 6, Issue 3, with minor edits) By: Jeff Lack, BAcc, CPA, CGA – VP, Communications & Administration As most people are aware, residential condominium corporations in Canada do not pay income tax – they are registered as not-for-profit […]
Blog posts in the Category: Accounting & Finance
17 posts
Originally published WB’s Q4 – 2018 Condo Connection Newsletter Whether you’re a new member of your condominium community’s board of directors or you’ve served for years, being familiar with basic condo terminology is essential to the success of your role. Knowing these key condo terms will help you get up […]
Whether you just got elected to the board of directors or you’ve served for years, you want to make a good impression. Knowing these common condominium budgeting terms will help you sound like you know what you’re doing while you get up to speed, or serve as the refresher you […]
(This article originally appeared in the Condo Connection, Volume 4, Issue 1, released in Spring, 2012. Minor edits have been made from the original.) By Wayne Klem, Executive Director of Property Management – Toronto In our personal lives we all go through the day, week, month and year with certain […]
By: Jeff Lack, BAcc, CPA, CGA, Director of Internal Operations (This article originally appeared in the WB Condo Connection, Volume 3, Issue 4 released in 2011). Section 115 (8) of the Ontario Condominium Act states that “Before investing any part of the money in a corporation’s reserve fund accounts, the board shall […]
Yardi Systems Inc. recently featured Wilson, Blanchard Management on their Client Success Stories website – the article written by Yardi which is shown below can also be accessed directly at http://www.yardi.com/document/wilson-blanchard-can-condo/
By: Harry Nielsen, Property Manager, PSCC 888 – Stonebrook From the WB Condo Connection, Volume 8, Issue 1 Boards and property managers are always looking for opportunities to manage costs. Utilities are one area where we have little, if any, influence on rates and must look to consumption reduction as […]
By: Melissa Kirkaldie, RCM – Property Manager, Waterloo Region From the WB Condo Connection, Volume 7, Issue 4 No matter the size of your Condominium there are ways to save money on utilities, whether it be checking for leaking plumbing fixtures or installing more efficient mechanical equipment. Another cost saving measure […]
Article originally posted on the Yardi Blog and re-printed with permission. Wilson Blanchard Management Inc. By Leah Etling on Dec 8, 2015 in Technology Moving to Yardi’s cloud-based Voyager 7S platform was a big leap for Wilson Blanchard Management Inc., a Canadian condominium overseer. With responsibility for nearly 37,000 units in the Toronto and Golden […]
Thanks to Jill Mark, Property Manager of The Sonata for her contributions on this blog entry. One of the most important jobs of the Condominium Corporation is the oversight of the collection and spending of the maintenance fees paid by owners. Those maintenance fees are based on the annual budget […]