Condominium Act Reform: Ontario’s New Condo Legislation “Bill 106” Is Moving Forward
The fall legislative session at Queen’s Park resumed on Monday, September 14, 2015. Bill 106: Protecting Condominium Owners Act is on the legislative agenda as one of the key government bills this session, and was introduced for a second reading on Tuesday, September 15, 2015.
This is a signal that the proposed legislation is a priority for the Legislature and is proceeding towards becoming law. The bill has had significant support from all sides. Although legislative protocol typically requires the bill to be debated for a minimum of ten hours before passage, it is expected to pass in the upcoming weeks and then be referred for further discussions in Committee.
David Orazietti, Minister of Government and Consumer Services, introduced the bill in May, 2015. The legislation was drafted after an extensive three-stage public consultation process, with submissions from condominium owners, residents, developers, managers, and industry experts.
Minister Orazietti’s hope in putting the bill forward is to better meet the needs of Ontario’s growing condominium market and better regulate the condominium industry. The size and complexity of Ontario’s condominium market has changed drastically since 2001, when the original legislation came into force. If passed, this bill will make crucial changes to the administration and operation of condominiums, which will affect both condominium corporations and owners across Ontario.
This is a key piece of consumer protection legislation governing the management of condominiums. For further information about the impacts of this bill, check out our recent blog posts from James Davidson.
The full text of the Bill 106 is available here.
Our readers in the condominium industry are welcome to contact our Condominium Law group to discuss the potential impact of this bill.