A closer look at the Report on Governance Issues for Stratas: Should the order of agenda items for annual and special general meetings be amended?

This post is the part of a series highlighting key recommendations in the Report on Governance Issues for Stratas. For other entries in the series, click here. Brief description of the issue Section 28 of the Schedule of Standard Bylaws provides that the “order of business at annual and special general meetings” of the strata corporation must be as follows: certify proxies and corporate representatives and issue voting cards; determine that there is a quorum; elect Read more…

Pierre-Luc Chénier joins the Pension Division Review Project Committee

BCLI is pleased to announce that the Pension Division Review Project Committee has a new member. Pierre-Luc Chénier is assistant director of policy at the BC Pension Corporation. Pierre-Luc leads a team of analysts charged with advising the British Columbia public-sector pension plans and corporate clients on legislative compliance matters, and ensures proper liaison with external stakeholders (including regulators, legal counsels, actuaries, employers, etc.) on such matters. Pierre-Luc has a master’s degree in political science Read more…

BCLI calls for reforms to the Strata Property Act’s insurance provisions

The British Columbia Law Institute’s Strata Property Law Project Committee is recommending amendments to the Strata Property Act, the Strata Property Regulation, and the Schedule of Standard Bylaws to enhance the legal framework that governs insurance in a strata property. Insurance is a concern for all homeowners. It is no less important for people whose homes are located within a strata property. But insurance generates some complex legal issues within strata properties that don’t arise Read more…

Government of Canada forms advisory committee on the charitable sector

Late last week, the Canada Revenue Agency announced the formation of a new advisory committee on the charitable sector. The purpose of the advisory committee is to serve as “a consultative forum for the Government of Canada to engage in meaningful dialogue with the charitable sector, to advance emerging issues relating to charities, and to ensure the regulatory environment supports the important work that charities do.” The committee is “made up of 12 senior-level representatives from Read more…

Strata Property Regulation amendment clarifies deposit-insurance requirements

Yesterday, amendments to the Strata Property Regulation were announced that deal with deposit insurance for strata-corporation funds. OIC 101/2019 provides for an amendment to the definition section of the regulation (section 1.1), defining the term insured account for the purposes of the Strata Property Act to mean “an account with a deposit, all or part of which is eligible to be insured by the Canada Deposit Insurance Corporation or guaranteed by the Credit Union Deposit Read more…