With such a large condominium such as our TSCC #2510 and high value contracts apparently way out of line when compared to similar condos in the vicinity, it is very important for the Board of directors and the management company to follow through with the best practices and be able to show it to the owners.
 

The Board needs to ensure complete transparency with the owners when they are operating on behalf of the owners, specifically on the following fronts:

• - Receiving value for Condominium's money.

• - Selecting contractors in a fair and accountable manner

• - Taking steps to prevent inappropriate payments and fraud

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So far the owners have only seen a regime of secrecy and one upmanship from the board and the management, so much so that the all owners were taken to the court at the expense of owner's own funds just a few weeks ago and that too for organizing an owner requisitioned meeting.
 

Just a simple comparison of major expense items from the budget of a similar sized condominium shows a difference of almost two million dollars, as listed on the Costs comparison tab.
 

The management company and the board should have voluntarily stepped up and provided the justification on their own for such a multimillion dollar difference.

This comparison has been posted for many months on the Facebook group of Owners and even on this site

Yet the board and the management company have failed to explain this substantial discrepancy to the owners.
 

The questions that the owners should be asking the board:
 

1. Is the board really doing its due diligence in calling new and fair bids ?
 

2. Is the board hiding something ? or are they being kept from speaking to the owners for they were all elected by some secret proxies brought in by a some contractor ?
 

3. How much of owner's funds were spent on taking the owners to the court in October 2020 ?

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4.What is the reason for rejection of so many proxies at the AGM and why is it still not disclosed to the owners ?
 

5.-why were they not be proactive in disclosing any shortcomings in the proxies before hand ? This could have given the owners the chance to rectify the errors.

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6. Why was the AGM not adjourned? since they were not able to complete the business of outlined in the agenda, specifically the voting process for the 2nd director's position and answering all owner's questions.

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7. Why was there a deviation in the process of appointing "scrutineers" from what was sent out in the outgoing President's message ?

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8. Why were the same lawyers chosen as scrutineers, who took all the owners to the court ?

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9. Why are the owners not allowed to speak up at the owner's meetings ?

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10. Why do the minutes of the board meeting of 2nd september, 2020 refer to the request of an owners meeting in a derogatory fashion " that an attempted requisition had occurred" ? almost sounding like "a military coup was attempted by the owners" ?

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11. Under whose authority did the management start to contact all the owners to rescind the owner's signatures for the owner's meeting ? with questions like "did you know what you signed ?". Does the management ask the owners these types of questions when the owners buy or sell their units ? or when the owners sign to receive notices electronically ? 

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12. Why does the board not take the initiative to call for a benchmarking review of the condominium expenses ?

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13. What is stopping the board from saving more of the owners money on expensive contracts and put the savings to better use ?

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14. What is preventing the board from calling for bids for all inclusive contracts for the services that are costing the owners substantially more money by using contractors on ad-hoc basis ? for example plumbing services.

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15. Why it the turnover meeting not being called despite being reminded by the Justice of the Superior Court of Ontario in the October hearing ?

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16. What are the names of owners who attended the AGM in person and by proxy ?

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17. What are the names of owners who were allowed to vote and the names of owners who could not vote ?

18. Would the board make a new by-law that calls for ensuring new bids are called for each major contract at least once a year ?

19. What is the board capable of doing if the board is elected with the support of secret 168 proxies whose names are not even disclosed to the owners?

20.Why did the board authorize to call for the AGM on a working day during business hours ? Was is to discourage owner participation ?

21. Why is the board continuing to spend money on running a buy and sell group for the tenants, and weekly newsletters ?

22. Why is the board not focusing on putting in place a proper governance on the outstanding issues of building maintenance, despite owner's maintenance requests being unresolved for years ?

So far the silence of the board has spoken for itself, now is the time for the answers.
 

If the Board and the management want to build a trusting relationship with the owners, they should answer these questions as well as the many other questions that the owners have.
 

This is an emergency situation now and it is for the board to promptly address these major financial discrepancies and other disclosures is the only way to save our Corporation.

Failing which, it will soon be time for the owners to take charge of the their own corporation and act in accordance with power granted to the owners by the Condominium Act, 1998 through an Owner Requisitioned meeting.