4:31 B.C. government making changes to strata insurance For condo owners in B.C. premiums were up a whopping 27 per cent, for Albertans the increase was 16 per cent, and rising costs in Ontario came ...
Editor’s Note: A previous version of this story incorrectly identified BFL as the insurer. In fact, BFL is the insurance broker. Global News regrets the error. The ...
Strata corporation insurance rates have jumped about 40% across B.C. since last year, with deductibles sometimes leaping to triple-digit increases, the B.C. Financial Services Authority (BCFSA) said ...
What happened: Victoria is moving forward with regulatory changes to address the issue of rising strata insurance rates in B.C. Why it matters: The B.C. government is intervening in a market where, ...
The owner of a strata lot in a duplex that was not managed as a strata — for example, there was no strata board of directors, annual board meetings, etc. – must nevertheless pay for her half of the ...
The B.C. government has tabled legislation amending strata laws in an effort to address the rising costs of strata insurance. A strata title allows individual ownership of part of a property or lot.
Dear Tony: We found the best townhouse a few years ago. It was in a community next to the forest, end unit, large patio area and loads of privacy. The strata corporation has been well run and conflict ...
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