Staying abreast of regulatory changes is crucial in the dynamic landscape of property management and short-term rentals. The City of Calgary, recognizing the burgeoning short-term rental market, has introduced pivotal amendments to its “Business License Bylaw,” explicitly targeting rentals within condominiums. These changes, set to take effect on January 1, 2024, signify a notable shift […]
If you’re keen enough on condos to be sitting here reading this blog, you’ve at least heard of the Alberta Condominium Property Act – but do you know what sorts of details and information are actually in the act? Like, know what’s in there? Without looking it up? If you’re on the up-and-up when […]
When creating and fostering a thriving condo community, unit owners will often wonder just how closely their condo corporation should tread in building their management tactics around tried-and-true professional enterprise practices. In other words: are condo corporations like businesses? And, beyond that, does it make sense to treat them as such? That sounds […]
Condo boards hold a lot of power when it comes right down to it. After all, they set the tone for the condo community – steering its course, plotting its priorities, and ultimately shaping its direction in the months and years to come. With that much weight and authority over the lives and investments of […]
Catalyst Condo Management Ltd. (a.k.a “Catalyst”) has long operated under the guiding principle of advocacy. It all comes back around to standing up for the little guy and going to bat for Alberta condo owners in whatever capacity we’re needed to. Our clients come first; trust and transparency come first; and above all, sticking up […]
People often joke these days about how “time is a flat circle,” but sometimes, that sentiment can feel truer to life than not – like when we heard that there was another Condominium Property Amendment Act in the works, just two years after the last one had passed. That’s right – after a years-long push to […]
There’s a lot to keep in mind when buying a new home. It’s at once both an incredibly exciting and incredibly stressful experience. There’s so much to think about, from the minutiae of the sale to the logistics of the move to all the financial hoops that need to be jumped through – it’s enough to […]
It’s here. It’s here. It’s FINALLY HERE. The Alberta Condominium Property Act has, after more than five long years, finally been passed into legislation, coming into effect on January 1, 2020. What a journey it took to get here! For those who haven’t been following along (and for those who have, but whose memories simply […]
It’s been just over a month since the long-awaited amendments to the Alberta Condominium Property Act (CPA) came into effect on July 1, so we thought this would be the perfect opportunity to take a bit of a look back on the changes that took place, how they’re being received, and if –
Here in Alberta, we’ve grown accustomed to waiting exceptionally long periods of time for two things: the start of real, honest-to-goodness summer weather, and the arrival of true condo legislation reform. At the time of writing, we’re still waiting for both these things to make their appearance across our province – but the good news
If you’ve been following this blog for any amount of time, you’ll know that we’ve been talking about amendments to the Alberta Condominium Property Act (or CPA) for a long, long while now. It might be hard to believe, but for as long as we’ve been chatting about these changes, the government’s been discussing them
Okay, right off the bat, we’ll be the first people to agree with you: the knee-jerk reaction most people have at the thought of needing a lawyer is one of cold, primal fear. Maybe we’ve all been watching too many Law & Order re-runs, but whenever there’s talk of needing to bring on a lawyer
One of the great things about condominium living and ownership is that your home is your castle. Your sanctuary. Your escape from the rigors and pressures of the outside world. When you come back to your condo at the end of the day, you are the master of your own domain.
Condo change is in the air here in Alberta making it an exciting time to be a condo owner! For years, the government has kicked around the idea of reworking the Condominium Property Act (CPA).
VERY IMPORTANT changes implemented by CRA effective October 3rd 2016 say that if you sell your primary residence it MUST be reported on your 2016 tax return (hefty penalties apply if you don’t report it). See below. Please feel free to give us