As everything in our world becomes increasingly digital, and more business activities move online, the importance of thinking about cybersecurity grows.
And not just for big organizations. Even housing co-ops can be targets for cyber criminals.
Is this something you’ve talked about at your co-op?
Co-op members serving on the board of directors have a big responsibility. They’ve been entrusted to make decisions, but knowing how and why to make certain decisions isn’t always easy.
To make well-informed choices, it’s important to have all data and facts in front of you. And that same
The Agency has a different way of administering co-operative housing programs. Our approach is risk-based, data-driven and client-focused.
Co-operatives operating under federal housing programs have financed their properties through loans held or insured by Canada Mortgage
Your co-op has three main assets, although only one appears on the audited financial statements.
Protect your co-op‘s property by buying the right insurance in the right amounts. All housing co-ops need five kinds of insurance: property, loss of housing charges, public
Being under-insured puts a co-op at risk. Insurance protects against a misfortune that strikes without warning. In a housing co-op anything can happen, from a fire - several major fires have occurred over the past few years - to a staff person or president gone missing, along with the entire capital
Under new federal rules introduced in August 2016, landlords have little recourse if a tenant is growing licenced medical marijuana in their unit. There’s a risk, though, that insurance policies will not cover damages from any activities deemed ‘high risk’, and, in most cases, the operation of a
Clients at High risk make up only 9.9% of the Agency’s portfolio, down from 16.3% in 2008. Proof that struggling co-ops can strengthen their operations.