Running a condominium corporation isn’t a hobby. It’s a fiduciary duty that involves millions of dollars in collective assets, legal obligations under the Condominium Act, and a duty of care to every owner.
Yet, time and again, unqualified volunteers put themselves forward for the Board – not because they understand finance, governance, or law, but because they like the idea of power or think, “it can’t be that hard.”
The Reality
- A condo corporation is a corporate entity, not a social club.
- Directors must understand budgets, reserve funds, contracts, and compliance.
- When they don’t, owners pay the price – through special assessments, skyrocketing fees, and legal fiascos.
- “Good intentions” don’t offset bad governance.
If you can’t read a financial statement, follow legislation, or manage risk responsibly, do the community a favour – don’t run.
Competence isn’t optional when millions of dollars and people’s homes are at stake.
🗳️ Vote for Skills, Not Friendships
At this year’s AGM, ask yourself one question before voting:
Would I trust this person to manage my company’s finances, contracts, and compliance obligations?
If the answer is no – then don’t hand them control over your home and your money.
It’s time for professional governance at Bluevale, not personal politics.
