TORONTO -- The provincial government is considering mandatory qualifications for condominium managers as it reviews condo legislation.
The Ministry of Consumer Services says currently condo managers aren't required to have any training despite massive operating budgets to run buildings worth tens or hundreds of millions of dollars.
The Condominium Act Review, which is set to be completed by the end of the summer, is looking at possible changes to the Act including what credentials condo managers should have.
The ministry says managers don't necessarily have an understanding of the bylaws governing condos, including building maintenance or contracting out services such as cleaning and landscaping.
The review is being done by a group of owners, residents and industry experts who will recommend what the new standards should be, and how an oversight body would look.
The minister says there's an overwhelming consensus that condo managers should be qualified to carry out their significant responsibilities.