2015-07-19

Condo Fees - No Increase This Year

We are pleased to inform you that we will not require an increase in condo fees this year. At this time, we also project that we should not require an increase in the second year of our plan and a smaller than normal increase in the 3rd year.

However there is a new law (Bill 122) in Quebec coming into effect that obliges regular detailed brick and garage inspections. This budget assumes that nothing extraordinary will be found during those inspections to materially accelerate our existing maintenance plans going forward.

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