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The Hon. Stephen Crawford
College Park, 5th Floor
777 Bay Street
Toronto, ON M7A 2J3

Dear Minister Crawford:

RE: STATUS CERTIFCATE FEES IN THE PROVINCE OF ONTARIO

We are writing to request that the Ministry of Public and Business Service Delivery and Procurement revise the status certificate fees established under the Condominium Act, 1998, which have remained unchanged since May 2001—almost 24 years ago.

The process of producing a status certificate involves preparing and reviewing several key documents, such as the declaration and by-laws, budget, audit, financial statements, unit arrears, reserve fund study, periodic information certificate, legal claims, legal judgments, and corporation meeting minutes. If a certificate is not completed accurately, it can result in a legal claim against the Management Firm or Condominium Corporation for providing incorrect information. The responsibility for preparing, reviewing, and managing these legal risks generally falls on the issuer (Property Management firm). The current fee of $100, set in 2001, is capped at $100 including HST.

Ontario has implemented various measures to protect homeowners and purchasers, such as the creation of the Condominium Authority of Ontario (CAO), the Condominium Management Regulatory Authority of Ontario, and the mandatory licensing of Condominium Managers.

Our members, who oversee the majority of condominiums in Ontario and handle the preparation of status certificates, are requesting an increase in the fee to $500. This update is essential to account for current costs and maintain the high level of service required to safeguard condominium homeowners and buyers.

If you have any questions about this issue or wish to discuss, please contact us. Thank you for your consideration.

Sincerely,

YOUR NAME