Nov 5, 2020 | Personal Tax and Finance, Strata & Council
The Canada Emergency Rent Subsidy (CERS) program has ended. This article is retained for reference only. New Canada Emergency Rent Subsidy (CERS) for Tenants and Owners of Commercial Property The Canada Emergency Rent Subsidy (CERS) program was intended to replace the...May 9, 2017 | Strata & Council, Strata Corporations
Which Type of Year-end Engagement is Right for Your Strata? “Audit”, “Review”, “Notice to Readers”. These are potentially confusing terminology for the layman Strata Council member. Before you allocate budget to next year’s...Jan 11, 2017 | Personal Tax and Finance, Property & Tax
What do surging property value assessments mean to BC homeowners? Property owners receive their BC Assessment notices each year. In years when values rise sharply, large percentage increases are not unusual in some markets. That can leave property owners wondering...Dec 19, 2016 | Personal Tax and Finance, Strata & Council
This article describes the BC government’s December 2016 announcement. The program may have changed (limits, eligibility, or name). Check BC Housing or the BC government for current first-time buyer programs. The B.C. government announced on Thursday, December...Aug 8, 2016 | Strata & Council, Strata Corporations
Balance Sheet The statement of financial position (SFP) or balance sheet is one of the reports commonly presented to Council, Owners and managers for periodic review. This is often a confusing beast for those unfamiliar with it. Hopefully, after reading this article,...Aug 8, 2016 | Strata & Council, Strata Corporations
Income Statement The statement of operations or income statement is one of the reports commonly presented to Strata Council, Owners and professional managers for periodic review. This statement is fairly intuitive but is often not fully understood because the purpose...