TORONTO, April 10, 2012 /CNW/ - On June 18 &19, Toronto will play host to the condominium conference of the year, The Canadian Institute's Condominium Congress. As the condominium capital of North America, Toronto is facing a huge boom in this industry, which is creating a host of challenges for developers and managers as well as revealing cracks in current legislation. Among some of these issues are construction deficiencies, delays in completion and structural deficits, which have led to costly class actions. Additionally, the Condominium Act is said to have serious loopholes that will likely be addressed in the coming years.
The featured faculty at this event is built-up with some of the most respected industry experts including Rosario Marchese, NDP, Member of the Legislative Assembly of Ontario for Trinity Spadina, and Tim Schumacher, VP and General Counsel, Tarion. Additionally, the Advisory Board features respected members of the condominium industry, including Armand Conant, Joint Government Relations Committee for CCI(T) and ACMO, Leor Margulies, BILD Board of Directors, and Sharon Vogel, Regional Chair of International Construction Project Group.
The Canadian Institute's Condominium Congress has been strategically designed to provide concrete strategies to address these issues as well as minimize the legal risks in this explosive condo market, including:
- Determining who bears the responsibility, liability and costs for construction deficiencies
- Minimizing the risks of financial fraud and how best to secure a remedy should it occur, as part of the post-event workshop on June 20, 2012
- Clarifying the respective roles and legal liability of the developer, management company and condominium board
- Identifying the challenges of the current Ontario Condominium Act impacting a business and possible solutions
- Understanding the Tarion changes and how they affect businesses
Conference Title: The Canadian Institute's Condominium Congress
Date: June 18-19, 2012
Location: Metropolitan Hotel - Toronto, Ontario
About The Canadian Institute
For over 25 years, The Canadian Institute's conferences, summits and executive briefings have provided the business intelligence that Canadian decision makers need to respond to challenges and opportunities both here at home, and around the world. The Canadian Institute operates as a think tank, monitoring trends and developments in all major industry sectors, in the law, and in public policy, with a view to providing information on the leading edge. For more information, visit www.CanadianInstitute.com.
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