⚖️ Facts: Voting for This Board = Voting for Bankruptcy

🏚️ What You’re Really Voting For

If you vote to pass the new By-Law and the so-called “Code of Ethics” – and to re-elect the same board that created them – you are voting to bankrupt your own corporation.

This isn’t an opinion. It’s the financial and legal reality of what happens when directors use by-laws to silence dissent, punish transparency, and eliminate accountability.


💸 The Financial Consequences

  • Legal Fees: Over $400,000 spent in less than three years fighting owners – not fixing the building.
  • Reserve Fund Borrowing: Depleted reserves, and “projects” pushed through without proper disclosure or owner votes.
  • Litigation Risk: The new “code of ethics” directly violates the Condominium Act and the Human Rights Code, exposing the corporation to massive liability for retaliation and discrimination.
  • Insurance Premiums: Each legal defeat raises D&O and liability premiums. Your fees are going up because of their choices.

⚠️ The Legal Reality

Passing by-laws that restrict owners’ rights or target individuals who exercised their legal rights is not governance – it’s oppression.
Courts and tribunals have already found discriminatory conduct in this community. A repeat of the same behaviour means the next judgment will include damages and costs against the corporation – paid by every owner.


🧾 The Bottom Line

Every dollar spent defending illegal by-laws, retaliatory letters, or bad faith litigation is your money – not theirs.
The same people who created the problem are now asking for your vote to expand their power and limit yours.


🚨 The Choice Is Simple

Vote NO to the new by-law and code of ethics.
Vote NO to the same board that drained your funds.
Vote YES to financial recovery, transparency, and lawful governance.

Because when you vote for them – you’re not saving your condo. You’re paying for its funeral.


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