Ontario
Status Certificate & Co-op Analysis in Ontario
Status certificate and co-op disclosure analysis for Ontario buyers. Condo packages, co-op disclosures—reserves, governance, and quantified exposure instantly.
Documents we analyze
- Status certificate package
- Co-op disclosure package
- Financial statements
- AGM and board minutes
- Reserve fund study
- Insurance certificate
What matters in Ontario
- Reserve fund studies: condos every 3 years, co-ops every 5 years
- Bill 72 amendments—status certificate disclosure changes
- Co-op Corporations Act—electronic meetings, voting
Recent updates
Dec 2025
Bill 72 extends some Condo Act amendments, others expire
The Buy Ontario Act gave the government another year to proclaim changes around shared facilities, voting, requisitioned meetings, and status certificate disclosures. Notably, the proposed guidance on what "adequate" reserve funding means was not extended—it expires. No clearer statutory definition yet.
Condominium Authority of Ontario →2024–2025
Condo insurance deductibles surge — "deductible tsunami"
Deductibles that were $10–25K are now commonly $100–250K. When a loss originates in a unit, bylaws often let the board charge the full deductible to that owner. A water leak can mean a six-figure chargeback. We flag what's in the policy.
Insurance Bureau of Canada →2026
Status certificates may soon include more
Proposed Bill 72 amendments would require status certificates to disclose financial impacts of legal actions, annual budget changes, and shared facilities agreements. Not yet proclaimed—watch for updates.
CAO →