News & Insights

Discover how condo reserve funds protect condominium corporations from unexpected costs. Nicholas speaks with Romina Facchini of Statis Inc. about reserve fund studies, funding plans, major repairs, contribution increases, construction inflation, and why keeping condo fees artificially low can lead to loans, special assessments, and significant financial challenges for condo owners.

Independent engineering advice can give Ontario condo boards a clearer basis for evaluating technical work, comparing contractor bids, and making defensible project decisions.